$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.
Read moreU.S. economic expansion to last another two years or more: Reuters poll
Read morePRECIOUS-Gold steady near 2-mth highs as N. Korea tensions lend support
* Investors await U.S. CPI data due later on Friday
* Platinum hits nearly four-month high
* Silver on track for biggest weekly gain since July 2016
China’s Gold Demand Takes Australia By Storm, Breaching $11 Billion Annually
Chinese gold demand is not letting up, as the country bought 230 metric tons of Australian gold last year, which exceeded $11 billion on the Shanghai Gold Exchange, according to recent data released by The Perth Mint.
Read moreGold Bulls Rolling Amid Risk Aversion In Marketplace
Gold prices were ending the U.S. day session higher and scored a nearly two-month high Thursday.
Read moreGold Or Bitcoin As Tensions Rise Between U.S. And North Korea?
As investors flee to safe-haven assets amid heightened U.S. and North Korea tensions, some question which is better: gold or bitcoin?
Read morePimco Getting More Defensive But Shunning Gold
(Kitco News) – Warning signs continue to flash in financial markets as another global investment firm recommends investors take a defensive position; however, gold doesn’t appear to be on the menu.
Read moreShort-term Gold Bear Says CPI Data Could Change His Tune
Gold bulls are eying inflation and are looking for data to exceed expectations, catching the Federal Reserve on the back foot and potentially pushing gold prices higher.
Read moreMitsubishi Sees Further Gains For Silver
Gold continues to gain momentum as equity markets move lower and as geopolitical tensions between North Korea and the U.S. still dominate headlines.
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