Gold Extends Early Gains, Near Daily High, As U.S. Dollar, Stock Indexes Weaken
Gold prices are posting good gains and are near the session highs in late-morning trading Wednesday.
Read moreGoldcorp Acquires El Morro Gold Stream From New Gold
Goldcorp. Inc. (TSX: G; NYSE: GG) officials report that the company has entered into a binding agreement to purchase New Gold Inc.’s (TSX: NGD; NYSE: NGD) 4% gold stream on the El Morro deposit for $65 million.
Gold Scores 3-Mo. High On Safe-Haven Demand, Technical Buying
Gold and silver prices are higher and hit nearly three-month highs in early U.S. trading Wednesday.
Read moreAnalysts: ETF Demand Contributing To Gold Rally
Holdings of gold by exchange-traded funds are continuing their recent uptrend, with a big increase occurring in data reported as of Tuesday, analysts report.
Read moreEuropean Stocks Mixed, Single Currency Extends Declines Amid Cautious Trading
European stocks opened with a cautious tone Wednesday as ongoing political concerns in the region continued to offset underlying corporate and economic fundamentals.
Read moreThe Uncertainty Factor Continues to Grow
Gold prices moved up modestly today, gaining 2/10 of a percent ($2.50), and as of 3:30 Eastern Standard Time, gold futures are trading at $1235 an ounce.
Read moreThere’s No Reason To Pile Into Gold Right Now – Wharton Professor
(Kitco News) – Despite the potential threat of a 10% correction in equity markets as a result of growing U.S. political risks, one economics professor says that there is no need for investors to jump into gold.
Read moreGold Firmer, at 2.5-Mo. High, As Bulls Gaining More Confidence
Gold prices were modestly higher in late U.S. dealings Tuesday, and just below the 2.5-month high hit on Monday.
Read moreGold Higher, Near Daily High, As Bulls Remain Confident
Gold prices have moved from near steady levels to modestly up on the day, in late-morning trading Tuesday.
Read more‘Hated’ Equities Rally Won’t Impact Gold Prices
TD Securities looks for gold to continue its recent ascent if the new U.S. administration continues talk about trade protectionism and make comments about foreign-exchange rates that are seen as a “currency war,” says TD Securities.