Gold Prices Struggling For Gains Ahead Of Fed Meeting
(Kitco News) – Gold prices are struggling at the start of what analysts see is an important week for the market.
Read moreGold Net Length Near Five-Year Average As Hedge Funds Shed Bullish Bets Ahead Of Fed
The latest data from the Commodity Futures Trading Commission show speculative interest in the gold market has fallen to neutral territory, hovering around its five-year average as hedge funds.
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OceanaGold Projects 35% Rise In 2017 Gold Output
OceanaGold Corp. (TSX, ASX, NZX: OGC) looks for its gold production to increase by around 35% in 2017 while all-in sustaining costs fall 15%.
Read moreCiti: Gold ETF Outflows May Continue Into 2017
Holdings of gold by global exchange-traded funds have fallen over the last month and could decline some more in 2017, says Citi Research.
Read moreGold Slightly Down, Hits 10-Mo. Low, As Charts Remain Firmly Bearish
Gold prices are just slightly lower in early U.S. trading Monday and scored another 10-month low overnight.
Read moreWhere Is Gold Headed Next? The Charts Don’t Lie
Stocks are soaring to new all-time highs and western traders are dumping out of gold. It’s a momentum play. Stocks are hot and gold is not.
Read moreSafe Haven Shake Up as Equities Continue to Climb
US equities continued to gain value throughout the week, trading to new record highs almost on a daily basis.
Read moreFirst India, Now Rumors Circulate About China Curbing Gold Imports
Gold could continue to weaken next week as rumors persist that China is unofficially restricting gold imports into the country.
Read moreGold Prices ‘May Yet Get Worse’ Before It Gets Better – ICBC’s Tom Kendall
After a stellar start to the year, gold is back down near 10-month lows and these lower prices are likely to persist for some time, according to one international bank.
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