Gold, Silver Prices Pop On Geopolitical Tensions, Short Covering
Gold and silver prices are solidly higher and have hit two-week highs in early U.S. trading Tuesday.
Read moreINTL FCStone Is Now Direct Participant In LBMA Silver Auction
The gold premium is reflecting on improved demand in the key gold-consuming nations of China and India, analysts say.
Read moreGold Price To Suffer a Tremendous Drop Says Goldman Sachs
(Kitco News) – Although gold has found initial support, bouncing off Friday’s two-month low, one bank sees further technical weakness with the potential for prices to fall 14% from current levels.
Gold, Silver Rebound On Safe-Haven Demand, Short Covering
(Kitco News) – Gold and silver prices were ending the U.S. day session higher, boosted by short covering in the futures markets and by some safe-haven buying interest amid stepped-up geopolitical worries. December Comex gold was last up $8.70 an ounce…
Read moreFunds Cut More Bullish Gold Positions; Enough To Allow Rally?
(Kitco News) – Fund managers continued to run from bullish gold positions in the latest reporting week for Commodity Futures Trading Commission data, although the third straight weekly decline may have cleared the way for some buying to return to the m…
Read moreDon’t Get Too Excited About Gold’s Bounce; Interest Rates Are Going Higher
(Kitco News) – While bargain hunters are stepping in to push gold prices off Friday’s two-month low, some analysts are warning traders and investors to use some caution at current levels.
RBC’s Gero: Gold Draws Bargain Hunting, Holds Moving-Average Support
(Kitco News) – Gold is drawing some support from bargain hunting after holding around a widely followed moving average, plus there is buying from geopolitical worries, said George Gero, managing director with RBC Wealth Management.
Read moreGold Rises On Geopolitical Worries; Chinese Buying Returns
Gold prices have been lifted by fresh geopolitical worries surrounding North Korea, along with the return of Chinese buying after a week-long holiday in the key gold-consuming nation, traders say.
Read moreCentamin’s Sukari Gold Mine Posts Record Quarterly Output
Centamin Plc. (LSE: CEY; TSX: CEE) says preliminary production results from its Sukari Gold Mine in Egypt were a record 156,533 ounces.
Read moreGold, Silver Prices Bounce On Short Covering, Some Safe-Haven Demand
Gold and silver prices are higher to start the trading week, boosted by short covering in the futures markets and by some safe-haven buying interest amid geopolitical worries.
Read more