Does Lightening Strike Twice; Will Fed Decision Ultimately Be Good For Gold?
(Kitco News0 – Next week, the Federal Reserve is expected to raise interest rates by 25 basis points, which some analysts say could be positive for gold prices.
Read morePeter Hug’s Gold Outlook on Financial Survival Network Radio Show
Dec. 5, Kitco’s Global Trading Director Peter Hug appeared on the Financial Survival Network radio show to give his outlook on gold for the New Year.
Wall St, Main St See Gold Bounce In Face Of Fed Rate Hike
Wall Street and Main Street alike look for gold to rise next week even though the U.S. Federal Open Market Committee is expected to hike interest rates by 25 basis points, according to the weekly Kitco News gold survey.
Read moreCenterra Gold Announces Suspension Of Dividend
Centerra Gold Inc. (TSX: CG) announces extension of a time period for the Öksüt Madencilik project facility, plus the suspension of the company’s dividend.
Coca-Cola Will Have a New CEO Next Year
There will be a changing of the guard at Coca-Cola (KO) next year.
Read moreSibanye Agrees To Purchase Stillwater Mining For $2.2 Billion
(Kitco News) – South Africa’s Sibanye Gold Ltd. (JSE: SGL; NYSE: SBGL) is planning to expand into North America, with an agreement to purchase platinum-palladium producer Stillwater Mining Co. (NYSE: SWC) for $2.2 billion — in an all-cash deal — the companies announced Friday.
Gold Down, Near 10-Mo. Low, As U.S. Dollar, Equities Surging
Gold prices are lower in early U.S. trading Friday and hovering near the 10-month low scored earlier this week.
Read moreDraghi and the ECB
As we spoke about yesterday, there is truly a divergence between the actions and the policies of the Federal Reserve and the European Central Bank.
Read moreGold Price Slump To Only Last Until H2-2017 – ICBC Standard Bank
(Kitco News) – Gold prices are under pressure, but any renewed weakness has already been priced in so prices are likely to move higher later in 2017, this according to one international bank.
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