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.
Read moreIf 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.
Read moreGold 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
Read moreGold 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.
Read moreU.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.
Read moreThe Names Have Been Changed to Protect the Innocent
Read moreGold & 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.
Read moreGold 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).
Read moreGold Firmer On Friendly Outside Markets, Weaker U.S. Stocks
Gold prices were ending the U.S. day session firmer Thursday, supported by some short covering by the shorter-term futures traders and on perceived bargain hunting in the cash market.
Read moreWall St. on track for worst day in one month
U.S. stocks were on track to record their steepest fall in nearly a month on Thursday amid broad declines, led by retail and bank stocks.
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