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Ignore Gold; Analysts Watching To See If Silver Can Bounce Higher Next Week

(Kitco News) – With U.S. economic data not expected to sway the markets’ high expectations for a June rate hike, anlaysts say that gold could be sensitive to further selling presure as the U.S. dollar and equity markets remain elevated.

Dead Cat Bounce or Sustainable Bottom?

The precious metal miner consolidation process continues to frustrate participants as we head into the all too familiar “summer doldrums” period, which is now being anticipated by most sector pundits.

Wall Street Returns To Bullish Near-Term View On Gold

(Kitco News) – The majority of Wall Street participants in the Kitco News gold survey are bullish again for the first clear consensus in three weeks, joining Main Street in looking for the metal to rise by the end of trading next Friday.

If History Repeats Itself, Gold & Silver Might Surge – Albright Investment Group

Gold stocks might be signaling a surge in gold and silver prices again, and more so for gold-backed exchange-traded products, this according to one Connecticut-based market research firm.

Gold Up On More Short Covering, Bargain Hunting

(Kitco News) -Gold prices are moderately higher in early U.S. trading Friday. Some more short covering in the futures market and value buying in the cash market are featured to end the trading week

Gold Spikes Following Weaker-Than-Expected Retail Sales

(Kitco News) – The gold market saw a modest spike higher as U.S. consumer bought fewer items than expected last month, according to the latest data from the U.S. Commerce Department.

U.S. Consumer Price Index Rises 0.2% During April

(Kitco News) – Consumer prices in the U.S. increased by a seasonally adjusted 0.2% during April, the Labor Department said Friday. This was in line with expectations.

The Names Have Been Changed to Protect the Innocent

Gold & Biggest Near-Term Risk: The Future Of Global Trade — RBC Capital Markets

As gold price action remains flat during the opening hours of the Asian session on Friday, one bank says it is bullish on gold, suggesting this is the “opportune time” to layer into risk overlay allocations to gold.

Gold Mining Stocks Rally, RGLD Leads The Pack

As gold prices are still fighting off risk-on pressures, gold mining stocks are rallying, with investors especially drawn to Royal Gold (NASDAQ: RGLD), Randgold (NASDAQ:GOLD) and Newmont (NYSE: NEM).