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Weak Jobs Data Isn’t Driving Gold Higher, This Is – Analyst

Gold prices rallied Friday and while analysts are quick to correlate the move with the weak U.S. jobs report, one analyst says they are wrong.

Investors Watching $1,300 For Gold Next Week

(Kitco News) – Gold’s renewed momentum, following a disappointing May jobs report, is expected to continue into next week with some analysts saying that $1,300 could be a viable target.

Gold Hits 5-wk High, Technicals Suggest More Upside

Gold prices are trading higher, have hit a five-week high and are heading for a technically bullish weekly high close on a Friday, in midday U.S. trading action.

If You Want To Get Rich, Own Gold – Rich Dad, Poor Dad’s Kiyosaki

Gold is a wealth attractor, this according to Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, who uses the metal to boost his net worth.

No Bears In Market: Wall Street Sees Higher Gold Prices Next Week

(Kitco News) – Traders and analysts look for gold to maintain its post-payrolls momentum into next week, based on the weekly Kitco News gold survey.

Palladium Sees Highest Price In Nearly 2 Years

(Kitco News) -A positive rally in gold, following a weaker than expected employment report, is helping to push the entire precious metals complex higher.

Deutsche Bank Trader Pleads Guilty To Spoofing Gold, Silver Markets

(Kitco News) – Confirming the allegations of manipulation in the precious metals market, David Liew a trader at Deutsche Bank pleaded guilty in court to spoofing markets, according to breaking news from Bloomberg.

The Vancouver Metals Conference Circuit Has Gone Boutique

Gold Supported By Downbeat U.S. Jobs Data

Gold prices are slightly higher in early U.S. trading, following a weaker-than-expected U.S. jobs report

Gold Turns Positive Following U.S. Job Growth Of 138K

(Kitco News) – The gold market is getting a much-needed boost at the end of the week following data showing weaker-than-expected growth in the U.S. Labor Market.