CIBC: Resumption Of Fed Tightening Not Golden For Precious Metals
Canadian bank CIBC looks for gold to weaken into year-end since the U.S. Federal Reserve expected to maintain monetary-policy tightening for now.
Read moreWhere is Gold Headed Next Week? VOTE NOW!
Read moreGold Sees Modest Rebound; Upbeat U.S. Report Limits Advance
Gold prices were ending the U.S. day session firmer Wednesday, on some mild short covering in the futures market and some perceived value-buying in the cash.
Read moreMissing Metals: Earth’s Formation Robbed Planet Of Much Gold – Study
There should be a lot more gold and silver on Earth, according to a recent paper published in the journal Nature.
Read moreWGC: ETF Gold Holdings Rise 22.4 Tonnes In September
Global holdings of gold by exchange-traded funds increased by 22.4 tonnes in September to 2,357, the World Gold Council reported Wednesday.
Read moreGold Slips After Big Jump In U.S. ISM Non-Manufacturing PMI
Gold prices dipped modestly in late-morning U.S. trading Wednesday, in the immediate aftermath of a surprisingly big rise in the September U.S.
non-manufacturing purchasing managers’ index (PMI)
Gold Prices Retreat After Jump In ISM Non-Manufacturing PMI
Gold prices edged down further on Wednesday as momentum in the service sector improved, according to the latest data from the Institute of Supply Management (ISM).
Read moreMetals Focus: Macroeconomic Backdrop Favorable For Gold Prices
Metals Focus says the global macroeconomic environment should remain favourable for gold during the rest of this year and well into 2018. “Of course, the prospect of one further (U.S.) rate hike in December this year
Read moreGold, Silver Prices See Corrective Bounces
Gold and silver prices are firmer in early U.S. trading Wednesday, on some short covering in the futures markets and perceived value-buying in the cash markets
Read moreGold Prices Tick Down As ADP Reports 135K Private Sector Jobs Were Added In September
Firmer gold prices were knocked down after private-payrolls processor ADP reported slightly better job numbers than expected for September.
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