Gold Shrugs Off 12K Drop In Weekly Jobless Claims
(Kitco News) – Gold prices are holding on to overnight gains despite ongoing strength in the labor market.
Read moreGold Unchanged As Philadelphia Fed Manufacturing Index Falls To 18.9 In August
The index for current general activity in the Philadelphia Federal Reserve’s manufacturing business outlook survey fell to 18.9 in August from 19.5 in July, suggesting slowing of economic growth, the regional bank said Thursday.
Gold Up In Wake Of Dovish Fed, ECB Minutes
Gold prices are posting good gains in early U.S. trading Thursday
Read moreOne Of Main Reasons To Own Gold — Cyber Attacks: Marc Faber
Cyber attacks are currently one of the biggest threats facing our society today, which is why it is critical for all investors to have exposure to gold, said Marc Faber, editor and publisher of the Gloom, Boom & Doom Report.
Read moreSilver In Trouble: It Hasn’t Seen A “Real Rally” In A Year – Analyst
(Kitco News) – While gold has been able to holding its ground trading in a $100 channel for the past six months, its sister metal silver has not fared as well, struggling to attract any interest.
Read moreGold Moderately Up On Corrective Bounce, Friendly FOMC Minutes
Gold prices were moderately higher in early-afternoon U.S. trading Wednesday.
Read moreGold Pushes To Session Highs Following Dovish Fed Minutes
(Kitco News) – Mixed opinions among members of the Federal Open Market Committee on inflation and future interest rate hikes is keeping gold prices bid Wednesday afternoon.
Read moreIndia Bans Exports Of Gold Products Above 22-Carat Purity
India’s government announced a ban on all gold product exports that are above 22-carat purity level in an attempt to close a tax loophole.
Here’s An Options Play For Gold Right Now
(Kitco News) – There is still an opportunity to make money in gold, despite the growing bearish sentiment in the marketplace as prices remain in negative territory for a third session, unable to break through key resistance at $1,300 an ounce.
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