Gold At the Mercy of Trump, The Fed & European Drama in 2017
(Kitco News) – Analysts expect gold to be at the mercy of President-elect Donald Trump and his fiscal policies that are expected to push the U.S. dollar, bond yields and rates higher in 2017.
Read moreCould Trump Be A Threat To An Independent Fed?
Throughout American history, sitting U.S. presidents have accorded the Federal Reserve a certain deference, a hands-off approach that respected the independent nature of the central bank.
Read moreInvestors See Value In Gold Next Week As Holiday Trading Kicks Off
With the much anticipated Fed meeting now out of the way, analysts are now warning investors that starting next week to the end of the year the gold market could be plagued with low volume and high volatility.
Read moreWall Street, Main Street Split On Whether Gold Ends Drought
Wall Street and Main Street are mixed on whether gold can finally rebound next week, based on the weekly Kitco News gold survey.
Read moreSocGen: ‘We Still Maintain An Overall Positive View’ On Gold
Societe General says it maintains an “overall positive view” on gold despite the recent freefall in prices.
George Burns To Become Eldorado CEO After Paul Wright Retires
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) will have a new president and chief executive officer after its annual general meeting in April, with Paul Wright retiring and George Burns moving over from Goldcorp to succeed him, Eldorado announced Friday.
Read moreGold Ignores 4.7% Drop In U.S. Building Permits In November
(Kitco News) – Gold prices are holding on to modest gains, shrugging off data that shows some cooling in the U.S. housing market.
Read moreINVEST LIKE GERO…Why He’s Upping His Precious Metals Bets in 2017
Kitco News’ Outlook coverage wouldn’t be complete without its popular Invest Like The Experts series.
Gold Sees Corrective Bounce After Solid Losses Suffered Earlier This Week
Gold prices are modestly higher on a short-covering and perceived bargain-buying rebound after prices dropped sharply and hit a 10-month low on Thursday.
Read moreTurquoise Hill Projects Lower Copper, Gold Output In 2017
Turquoise Hill Resources (TSX, NYSE: TRQ) says it expects the Oyu Tolgoi mine in Mongolia to produce 130,000 to 160,000 tonnes of copper and 100,000 to 140,000 ounces of gold in concentrates during 2017
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