Gold Relatively Unchanged As Inflation Rise Above 2% For The First Time Since 2014
(Kitco News) – Gold prices are realatively unchanged on the day and down from their recent highs despite an in-line pickup in U.S. consumer inflation pressures.
Read moreTraders Pull Some Off The Table
Some profit taking occurred overnight as traders have lightened up.
Read moreGold Steady-Weaker Ahead Of Big Batch Of U.S. Data
Gold prices are trading steady to slightly lower in early U.S. action Wednesday.
Read moreOperations Resume At Yamana’s El Peñón Mine In Chile
(Kitco News) – Operations have resumed at the El Peñón mine in Chile after Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reached collective bargaining agreements with two unions representing underground workers, the company said late Tuesday.
News Out Of Europe: Pound Secures Biggest-Single Day Gain Since 1998
The pound has secured its biggest single-day gain since at least 1998. The surge in the British currency followed the U.K. Prime Minister’s speech outlining the government’s plan for Brexit.
Read moreThe Trump Transition and the US Dollar
The countdown continues, as now only three days remain until Donald Trump becomes the 45th President of the United States.
Read moreGold’s Physical Market To Overwhelm Feeble Paper, Wait & See – Tocqueville’s Hathaway
(Kitco News) – It is only a matter of time before gold’s physical fundamentals overwhelm the paper market, according to a fund manager of one of the world’s biggest gold funds.
Gold Hits 2-Mo. High On Safe-Haven Demand, Weakening Greenback
Gold prices were ending the U.S. day session solidly higher and hit a nearly two-month high Tuesday.
Read moreEven Above $1,200, Gold Has Room To Move Higher
(Kitco News) – Gold is seeing strong gains with prices back above $1,200 an ounce, and analysts say that prices still have room to move a little bit higher as geopolitical uncertainty grips markets in North America and Europe.
Read more2 Key Levels Gold Bulls Must Conquer Now
With just days to go before the U.S. inauguration of Donald Trump, shock waves are beginning to filter through financial markets.
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