Citi: Policy, Political Uncertainty Underpinning Gold
Gold has broken to 2017 highs this week, with a rally in January due to lower U.S. yields and a weakening U.S. dollar, while continued upward momentum in February is largely the result of macroeconomic uncertainty, says Citi.
Read moreTwilight Zone
I can understand the angst of retail investors when it comes to precious-metals investments, We are in a different paradigm.
Read moreCoeur Mining Posts Adjusted Profit In Fourth Quarter
Coeur Mining, Inc. (NYSE: CDE) reversed to an adjusted profit in the fourth quarter, although the company listed a net loss due to charge related to the early redemption of senior notes.
Read moreGold Prices Continue to Surge
For the fifth consecutive day, gold prices have traded to higher pricing. But the real story is that gold has been gaining ground, now adding over $100 since trading to a low of 1125 per ounce in December of last year.
Read moreIs Gold Preparing For Another Brexit-style Rally?
Gold is again in the spotlight with the metal up at three-month highs.
Read moreFalling Bond Yields Helping Keep Gold At Three-Month Highs
(Kitco News) -Falling bond yields and shifting interest rate expectations as a result of growing geopolitical risks is helping to keep gold prices at three-month highs.
Read moreGold Scores 3-Mo. High As Bullish Momentum Building
Gold and silver prices were ending the U.S. day session higher and hit nearly three-month highs Wednesday.
Read moreWhy Is Hot Money Bad For Long-Term Gold Prices?
(Kitco News) – Although gold is up almost 8% since the start of the year, major investors have been slow to embrace the gold market and that could be a positive factor leading to longer-lasting gains, according to one gold analyst.
Read moreDruckenmiller Back In Gold As Economic Risks Grow
(Kitco News) – After exiting his entire gold position the night of the U.S. Election, one major fund manager is back in the market and sees further potential for the yellow metal.
Read moreCommerzbank: Platinum To Benefit From Higher Gold Prices
Platinum is likely to be underpinned in 2017 largely on the coattails of an increase in gold prices, rather than its own supply/demand fundamental backdrop, say analysts at Commerzbank.
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