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.
Read moreCiti: 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.
Read moreGold Weaker On Corrective Pullback From Recent Gains
Gold prices are modestly lower in early U.S. trading Tuesday, on a downside correction from recent gains that pushed prices to a four-week high last week.
Read moreGold and Silver Look Weary, Dollar Needs To Continue Lower
Read moreGold Up On Friendly Outside Market Forces
(Kitco News) – Gold prices were ending the U.S. day session moderately higher Monday afternoon, boosted by a lower U.S. dollar index and firmer crude oil prices. June Comex gold was last up $6.40 an ounce at $1,260.10. July Comex silver was last up $0…
Read morePoliticals Risks Outweighing Market Fundamentals And Gold Is Winning – Milling-Stanley
(Kitco News) – This is an interesting time for financial markets as volatility remains well below historical standards but geopolitical risk is at unprecedented levels and that will be good for gold, according to one market analyst.
Read moreThis Commodity Index Would Only Raise Its Exposure To Gold If The U.S. Fell Into A Recession
(Kitco News) – Despite the threat of rising inflation, it would probably take the U.S. falling into a recession before one fund would add more gold into its commodity index, according to one analyst.
Read moreMoney Managers Cut Gold, Silver Bullish Bets; Prices Rise Since
(Kitco News) – Large speculators slashed their bullish positioning in gold and silver futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
Read moreCiti: China’s Impact On Gold Market Likely To Grow
As the largest buyer of physical gold, China’s influence on global price discovery seems likely to increase, says Citi.
Read moreThe Fed, Oil and Politics Support Gold Bid
(Kitco News) – Gold prices edged higher in pre-market action Monday. Sentiment toward the gold market remains bullish, as rising oil prices, uncertainty over White House politics and another missile test from North Korea, create a perfect storm of safe-haven demand.
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