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Metals May Be Setting Up for Some Fireworks This Summer – Bloomberg

Prepare for some “fireworks” in the metals markets this summer, this according to one NY-based analyst at Bloomberg Intelligence.

Look For Gold Bullion Coin Sales To Pick Up In Second Half – ETF Securities

(Kitco News) – U.S. mint sales data shows gold bullion demand is seeing its weakest first half in 10 years, but one analyst expects sales to pick up in the second half of the year as consumers adjust to stable prices.

Gold Solidly Up, Hits 7-Week High, Flirts With $1,300

Gold prices ended the U.S. day session solidly higher and hit a seven-week high Tuesday. Prices are within easy striking distance of the key $1,300.00 mark.

A Break Of $1,300 Could Push Gold To 2016 Highs

(Kitco News) – Renewed safe-haven demand has helped generate strong momentum for gold as the market has pushed through key levels, but more work needs to be done to confirm the long-term uptrend, analysts say.

Citi: ‘Precious-Metal Complex May See Prices Peak In 2Q 17’

Citi Research sees precious metals peaking in the current quarter. “Reluctant to pick up slack in the market, investor anxiety suggests further headwinds persist into 3Q 17,” the bank says.

Gold Up Amid Uncertainty As Important Events Lie Just Ahead

Gold prices are solidly higher and hit a six-week high in early U.S. trading Tuesday.

Japan’s Sumitomo Obtains Stake In Iamgold’s Côté Gold Project

(Kitco News) -Iamgold Corp. (NYSE: IAG; TSX: IMG) and Japan’s Sumitomo Metal Mining Co., Ltd. have entered into a joint venture to develop the Côté gold project in Ontario, the companies reported late Monday.

The Many Faces Of Fear And Greed

‘Plenty Of Reasons To Keep Gold In Your Portfolio’ – TD Securities

Gold will test the next key level of $1,300 if the Federal Reserve “remains cautious” at its upcoming June meeting, TD Securities said in a report.

Gold To Shine As Investors Ignore Growing Recession Risks – In Gold We Trust 2017

(Kitco News) – Investors continue to take a cavalier attitude to economic risks, piling into equities, but one major gold fund sees the market at an important precipice that could benefit the yellow metal.