Gold Dips As Chicago PMI Jumps To 65.2 In September
Gold prices fell after the headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, rose to 65.2 in September from 58.9 in August. Comex December gold was last down $2.80 to $1,285.90.
Read moreRBC’s Gero: Bargain Hunting Helping Underpin Gold Prices
Some bargain hunting is starting to emerge in gold futures after recent weakness, says George Gero, managing director with RBC Wealth Management. As of 8:57 a.m. EDT
Read moreGold Inches Up As Aug. U.S. Personal Spending Rises 0.1%; Income Up 0.2%
Kitco News reports on U.S. income and personal spending in August
Read moreGold Prices Near Steady Amid Quieter Marketplace
Gold prices are again hovering near unchanged levels in subdued early U.S.
trading Friday.
Gold Slightly Up in 2-Sided Action; Bargain Hunters Step In
Some bargain buyers surfaced to buy the dip in gold prices in late Trading Thursday, to lift the metal just above steady on the day.
Read more“Pressing” Need to Reform the Gold-Trade in India – WGC
The World Gold Council Thursday proposed a spot gold exchange for India and offered to play a lead role in establishing a committee to provide guidance.
Read moreYes, Gold Is Under Pressure But Not For Long – ABN Amro
Gold prices are struggling due to U.S. yields and have potential to fall further, but a recovery for the metal is coming, says ABN Amro.
Read morePalladium Prices Top Platinum For First Time Since 2001; May Not Last
Palladium prices have moved above those for platinum for the first time in 16 years, helped by demand for gasoline-powered vehicles at the same time platinum has fallen alongside gold, analysts said.
Read moreJunior Miners Need To Get Creative To Attract Major Attention – CEO
Junior miners need to get more creative if they are going to attract the attention of a major producer to move a project along, according to one mining executive.
Read moreGold Stable After U.S. Weekly Jobless Claims Rise 12,000 To 272,000
Kitco News reports on U.S. weekly initial jobless claims for week to Sept. 23
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