Slight Dovish FOMC Minutes Do Little To Move Gold
(Kitco News) – Gold prices are seeing little reaction to what some analysts are describing as slightly dovish minutes from the June Federal Open Market Committee meeting.
Read moreHis Gold Calls Have Been Quite Accurate; Now He’s Calling The Bottom
It seems the best way for investors to make money in the gold market lately is by being on the bearish side, but according to one analyst with a strong track-record, this trend could change.
Read moreGold Hits 3.5-Mo. Low Overnight, Rebounds In U.S. Trading
Gold prices were ending the U.S. day session with modest gains Wednesday, after scoring a 3.5-month low in overnight action.
Read moreWhat Four-Month Low? BAML Still Sees Gold At $1,400 In Second Half
(Kitco News) – While gold tries to recover after falling to nearly a four-month low overnight, one bank remains optimistic that yellow metal can still shine in the second half of the year.
Read more‘Hardly Any Gold Coins Are Being Sold in the U.S.’ – Analysts
Investors are shying away from precious metals, especially when looking at the latest bullion sales data from the U.S. Mint.
Read moreSandstorm CEO: Mariana Deal To Double Production; More Assets Sought
Sandstorm Gold Ltd.’s (NYSE MKT: SAND; TSX: SSL) production will more than double over the next few years as a result of its acquisition of Mariana Resources Ltd.,
Gold At 3.5-Mo. Low Amid Bearish Charts, Firmer Dollar
Gold prices are near steady in early U.S. trading Wedjavascript:window.document.newsAddEditForm.submit();nesday, after scoring a 3.5-month low in overnight action.
Read moreCME Group Reports Record Metals Volume In 2Q
Exchange operator CME Group reports that metals volume averaged a record 533,000 contracts per day in the second quarter, a 12% year-on-year gain.
Read moreBitcoin Could Surge To Nearly $4,000 – Goldman Sachs
Bitcoin has potential to rise all the way to $3,915 in the so-called 5th wave, Goldman Sachs said in a report, adding that the rise could take time and be very turbulent.
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