India 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.
Read moreIndia’s Gold Imports Double To Over $13 Billion
Although gold has lost some ground, falling from a recent two-month high as geopolitical tensions between the U.S. and Korea have eased, one analyst still sees some underlying strength in the marketplace.
Read moreGold Atracts Some Buying After 5% Drop In Housing Starts, 4% Drop In Building Permits
(Kitco News) – The gold market is seeing some renewed buying but remains under pressure for the third straight session following weaker-than-expected U.S. housing data.
Read moreGold Weaker Amid Risk-On Attitudes; FOMC Minutes On Deck
Gold prices are modestly lower again in early U.S. trading Wednesday.
Read moreRecent Filings Show Billionaires Not Giving Up On Gold Yet
Recent Filings Show Billionaires Not Giving Up on Gold Yet
Read morePalladium Consumption Eyes Record High As Deficit Widens
Surging palladium consumption worldwide will hit an all-time high this year, according to the world’s largest producer of the precious metal.
Gold Lower On Better Risk Appetite; Upbeat U.S. Data
Gold prices were ending the U.S. day session lower but up from the daily lows in early afternoon trading Tuesday.
Read moreGold Investors Sending ‘Mixed Signals’ But Prices Heading Higher – RBC Capital Markets
As gold prices fall under pressure after a rally late last week, analysts from a major Canadian bank highlight the ‘mixed signals’ investors are giving right now.
The Gold Market Is Cracked, But Not Broken – Analyst
(Kitco News) – While unexpected strength in July retail sales has pushed gold below key, near-term support levels, one analyst still sees some resiliency in the marketplace.
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