Gold Remains Under Pressure Despite 22K Rise In Weekly Jobless Claims
(Kitco News) – Gold prices are unable to build significant momentum despite the latest data from the U.S. Labor Department showing that initial weekly U.S. jobless claims rose by 22,000 claims to a seasonally adjusted 259,000 in the week to Saturday. …
Read moreMetals Remain Under Pressure
The dollar moves higher overnight on continued buying of US equities. With today’s options expiries, there is a possibility to see the $1,200 print, but unless the dollar reverses, along with the equity market
Gold Down Amid Keener Investor Risk Appetite, Firmer U.S. Dollar
Gold prices are lower and hit a two-week low in early U.S. trading Thursday.
Read moreRBC’s Gero: ‘Double Trouble’ Pressuring Comex Gold
George Gero, managing director with RBC Wealth Management, says gold has run into “double trouble” this week.
Comcast profit tops expectations, lifts dividend
Comcast Corp. reported better-than-expected financial results and added cable TV customers in the fourth quarter, culminating a strong year in which it added net video customers for the first time in a decade.
Read moreDow Breaks 20,000 – Precious Metals Tumble
Maybe not as historic as breaking the sound barrier, today the Dow Jones Industrial Average broke above 20,000. With an hour and a half left in the trading day
Read moreWhat The Most Expensive Rolls-Royce Looks Like…Yup, It Has Gold!
Gold, often a symbol of luxury, has done it again!
Read morePalladium Sees Biggest One-Day Selloff In Last Decade
(Kitco News) – After seeing its best prices in more than a year and trading 17% higher early in the new year, the palladium market was caught in a massive wave of selling pressure Wednesday.
Read moreGold Pulls Back Amid Record-Setting Day for U.S. Stock Market
Gold prices ended the U.S. day session lower Wednesday, as a “risk-on” trader and investor mentality has been prevalent in the world marketplace this week
Vote Now In The Kitco Weekly Gold Survey
(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.
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