Latest News

BMO: Gold Investors Taking Longer To Factor In Higher U.S. Rates

Investors are showing a tendency to take longer to factor higher U.S. interest rates into gold prices than was the case in the past, says BMO Capital Markets. Market participants are “increasingly looking to the potential for gold-price weakness” heading into a mid-June meeting of the Federal Open Market Committee

Gold Weaker Ahead Of FOMC Minutes

(Kitco News) – Gold prices are again modestly lower in early U.S. trading Wednesday. There has recently been a lack of new, bullish fundamental inputs for the safe-haven metal. This has allowed the sellers to gain a bit of momentum this week. June Com…

Fed Minutes May Cause Some Volatility

Gold To Climb As Market Questions Fed Rate Hike Pace – TD Securities

Gold prices will witness a move higher amid increasing market doubts around the Federal Reserve’s resolve to pursue intensive monetary tightening into 2018, TD Securities said in a report.

Could Gold Be Heading Towards $1,550?

Gold prices have fallen under pressure, and looking at Elliot Wave analysis on Marketslant.com, the metal may be in for some more downside over the next few days.

Gold Pulls Back On Profit Taking, Firmer U.S. Dollar

(Kitco News) – Gold prices were ending the U.S. day session moderately lower Tuesday, on some profit taking and a downside correction from recent gains. A rebound in the U.S. dollar index today also supported the precious metals markets bears. June Com…

Gold Looks Better In Euro than In USD – Sucden

(Kitco News) – With gold prices expected to trade in a fairly tight sideways channel during the next few months, one commodity brokerage firm is looking at the yellow metal denominated in other major currencies for potential gains.

Gold Ignores 11.4% Drop In U.S. New Home Sales

(Kitco News) – Gold continues to hold steady, seeing little benefit from slowing momentum in the U.S. housing sector as few consumers bought new homes last month.

Gold Steady Following Mixed Flash Manufacturing, Service Sector Data

(Kitco News) – Gold prices remain steady, holding key support following mixed data in preliminary U.S. manufacturing and service sectors.

Citi: Chinese Gold Demand Favoring Bullion Over Jewelry

Gold could uptick toward the $1,270-$1,275 level, but may not be able to poke convincingly above $1,300 unless the U.S. economy and equities falter, says TD Securities.