The World Is A ‘Minefield,’ Gold & Oil To Move Higher – Analyst
Gold and oil prices should be higher if the market is a true reflection of the geopolitical landscape right now, this according to one analyst, who expects these “bellwether” commodities to gain momentum.
KITCO NEWS GOLD SURVEY: Wall St., Main St. See Lower Prices
Gold lost some of its shine this week, and voters in Kitco News’ weekly gold survey look for it to lose even more luster next week.
Gold Remains Weak Following 0.7% Rise In Existing Home Sales
(Kitco News) – Gold prices are relatively unchanged and remain under pressure following stronger than expected existing home sales data from the National Association of Realtors (NAR).
Read moreKlondex 3Q Gold-Equivalent Output In Line With Guidance
Klondex Mines Ltd. (TSX: KDX; NYSE: KLDX) says it mined 54,166 gold-equivalent ounces in the third quarter, in line with company expectations.
Read moreFXTM: U.S. Senate Vote Leaves Gold Prices Under Pressure
A U.S. Senate vote on tax cuts has left gold under pressure, says Lukman Otunuga, research analyst at FXTM.
Read moreGold Sinks Lower On U.S. Tax Reform, Upbeat Investor Risk Appetite
Gold prices are moderately lower in early U.S. trading Friday, amid keener trader and investor risk-taking attitudes late this week.
Read moreDiwali Festival Boosts India’s Gold Demand, But Higher Prices Weigh
Gold demand picked up in India this week, as consumers were buying more gold during the Diwali festival, but higher prices kept a cap on purchases.
Read more‘Gold Wins Out’ Over Bitcoin – Goldman Sachs
Gold is a better asset to own when compared to all other cryptocurrencies, Goldman Sachs said, adding that bitcoin in not the “new gold.”
Gold Won’t Be Unloved When Equites Correct – Rob McEwen
(Kitco News) – The recent volatility in the gold market, with prices unable to hold recent gains, has been frustrating for investors, but one major gold executive says to keep the faith as gold’s safe-haven role could soon be tested.
The Dollar Won’t Drive Gold In 2018, This Will…
When talking gold prices, analysts are quick to point to the U.S. dollar given their historically inverse correlation.
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