3 Ways Traders Can Spend the Holiday Week
Holiday weeks are notoriously light-volume trading affairs. Most big traders are away from institutional desks, which leaves junior traders at the helm.
Read moreGold Backs Down From Daily Highs After Upbeat U.S. Data
Gold prices are still holding modest gains in late-morning trading Tuesday.
Read moreGold Down But Still Positive After Strong Rise In Consumer Confidence
(Kitco News) – Gold prices are holding on to modest gains following a strong rise in U.S. consumer confidence.
Read moreHedge Funds Shed Bullish Gold Bets In Pre-Holiday Trading
(Kitco News) – Pre-holiday trading couldn’t improve the negative sentiment in the gold market as hedge funds continued to liquidate their bullish positions and add new short bets.
RBC’s Gero: ‘We Still Think You Should Not Count Out Gold’
George Gero, managing director with RBC Wealth Management, sees potential for a gold bounce since the U.S. dollar has already factored in expectations for much bullish news.
Read moreU.S. Dollar Heading Into 2017 With A Full Head Of Bullish Steam
The U.S. dollar index is a basket of six major world currencies stacked up against the greenback.
Read morePrimero Receives NYSE Notice About Minimum Trading Price
Primero Mining Corp. (TSX: P; NYSE: PPP) says the company has received notification from the New York Stock Exchange of non-compliance with the exchange’s listing standards
Read moreGold Up On Bargain Hunting, Short Covering
Gold prices are higher in early U.S. trading Tuesday on this last trading week of the year.
Read moreGold – 2016 A Year in Review
Today marks the final day before traders and investors call it a wrap and begin their holiday season celebration. The overwhelming characteristics that defined today’s trading activity were quiet and subdued.
Traders Waiting To See If Gold Can Close Year In The Green Next Week
(Kitco News) – Despite gold’s short-term oversold positioning, analysts say that the risk in the marketplace remains to the downside in the last trading week of the year.