CME 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.
Read moreFOMC Minutes Have Potential To Shift Gold’s Sentiment – TD Securities
As gold prices are facing additional pressure from a more “hawkish” Federal Reserve, TD Securities is still expecting gold to do well in the second half of 2017, with this week’s main triggers being the FOMC meeting minutes and the U….
Read moreGold’s Downward Momentum May Prove ‘Limited’ – Analyst
Even if gold has seen sharp selloffs recently, one analyst says its downward momentum is coming to a halt.
Read moreUBS Wavers On Gold But Says It’s A Buy At $1,200
As gold prices waver, so do analysts from UBS Group AG’s wealth management team.
REFILE: Ron Paul Wouldn’t Be Shocked To See Gold Rally 50%
The “old rules” always apply, according to Ron Paul, who is convinced that a drastic correction is coming and could hit the market as soon as October.
Gartman Says Gold Will Move ‘Quietly Higher;’ Bitcoin Has Seen Its High
Despite recent pressure, famed investor and gold expert Dennis Gartman says he’s “reasonably impressed” with the metal’s performance, especially as sister commodity crude oil tumbles.
Miners’ Hedging Activity To Cool Off As Gold Rallies – Metals Focus
The fundamental backdrop remains “positive” for gold, with the metal performing “remarkably” well so far in 2017 considering the Federal Reserve has been tightening monetary policy and the stock market has fared well, says Adrian Day
Gold Lifted By Bargain Hunting, North Korean Missile Test
Gold is higher Tuesday as physical demand and bargain hunting emerged following Monday’s steep sell-off, plus some investors are turning to the metal as a safe haven after another North Korean missile test, analysts said.
Gold Sharply Down, Hits 7-Week Low, In Thin Conditions
The bears took advantage of a thin, holiday-type trading atmosphere to pounce on the gold market Monday, pushing prices sharply lower and to a seven-week low.
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