Profit-Taking In Gold As U.S.-N. Korea Tensions Ease
Gold prices are moderately lower in early U.S. trading Monday, on some normal profit-taking pressure after prices last Friday hit a nine-week high.
Read moreWheaton Precious Metals Gives Back To Shareholders As Big Deals Remain Elusive – Smallwood
(Kitco News) – With few major headline grabbing deals in the marketplace, Wheaton Precious Metals (NYSE: WPM, TSX: WPM) is using its cash flow in another way to attract investors to the much beat up mining sector.
Read moreGold Bulls Are ‘Locked and Loaded’
We are back from our short summer hiatus…and what a week to come back home to. Gold this week hit its highest level in two months and is trying desperately to hit and ultimately break that key psychological level of $1,300.
Gold Will Be A Slave To North Korea-U.S. Conflict Next Week – Analysts
As geopolitical tensions around North Korea continue to dominate the gold market, analysts debate over how much profit taking the yellow metal might see next week after nearing the key $1,300 level on Friday.
Read moreHow Does North Korea Fare For Gold Compared To Other Geopolitical Events?
Gold’s safe-haven status made a comeback this week as tensions between North Korea and the U.S. rose, with the metal, for the third time this year, rising within striking distance of $1,300.
Wall Street: Gold Is Ready To Break $1,300, Main Street: Meh…
While Wall Street is convinced that gold is ready to break through $1,300 in the near-term, retail investors need to be persuaded a little bit more to join the bullish side, according to the latest weekly Kitco News gold survey.
Read moreGold Unable To Hold CPI Gains As Traders Take Profits
(Kitco News) – A sharp rally in gold following another disappointing inflation report has prompted some profit taking ahead of the key psychological support at $1,300 an ounce.
Read moreGold Jumps Following Disappointing Inflation Data
Gold prices rose on Friday following data that showed weaker-than-expected inflation in the U.S.
Read more$1,300 Gold Coming Sooner Rather Than Later – RBC’s Gero
With gold prices rallying again as inflation data disappoints, one veteran market watcher says the metal is poised for further gains.
Read moreGold Up, At 2-Mo. High As Marketplace Scared
Gold prices are modestly higher and hit a two-month high in early U.S. trading Friday.
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