Commerzbank Maintains Year-End $1,300 Gold Forecast
Commerzbank looks for investors to keep buying gold in the months ahead due to political and economic uncertainty on both sides of the Atlantic Ocean, commenting that any price retreats are likely to be limited.
Read moreINTL FCStone: Gold May Ease Further But Not Much
INTL FCStone looks for gold to remain under pressure in the near term, but with limited downside even though Fed Chair Janet Yellen is expected to reinforce market expectations
Read moreGold Prices Remain Under Pressure Following 19K Drop In Weekly Jobless Claims
(Kitco News) – Gold remains under pressure after the government said Thursday that initial weekly U.S. jobless claims fell by 19,000 to a seasonally adjusted 223,000 last week.
Read moreEndeavour Silver Reports Loss As Output Declines
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) posted a loss in the fourth quarter and full-year 2016, with the company’s top executive commenting that output fell on lower exploration and development spending
Gold Down Amid Strong U.S. Dollar, But Showing Resilience
Gold prices are lower again in early U.S. trading Thursday, on normal profit-taking from the shorter-term futures traders after prices Monday hit a 3.5-mongh high.
Read moreWhere is Gold Headed? VOTE NOW!
(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.
Read moreGold Weaker, But Well Up From Daily Lows, Amid Risk-On Trading Day
The gold market lost some ground Wednesday, but the bulls should not be too disappointed given all the elements that were working against the yellow metal on this day.
Read moreHigher Gold, Silver Prices Drag Coin Sales Down To 14-Month Lows
(Kitco News) – Surging gold prices since the start of the year created significant weakness in the physical market, with bullion coin demand falling to its lowest levels in 14 months, according to the latest sales data from the U.S. Mint.
Read moreGold Weak But Shrugs Off Rise In ISM Manufacturing Survey
(Kitco News) – Gold prices remain under pressure but still off its lows following despite data that points to renewed momentum in the U.S. manufacturing sector.
Read moreMetals Focus: Grasberg Standoff To Reduce Global Gold-Mining Supply
The standoff between the Indonesian government and Freeport McMoRan Inc. (NYSE: FCX) may mean lower global gold supply in 2017, says Metals Focus.
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