INTL FCStone: Dollar, Rates To Be December Headwinds For Gold
INTL FCStone looks for gold to struggle during December due to a stronger U.S. dollar, prospects for rising interest rates and buoyant U.S. equities.
Read moreGold Down As Marketplace Shrugs Off Italian Referendum “No” Vote
Gold prices are moderately lower and hovering near last week’s 10-month low in early U.S. trading Monday.
U.S. Election: Redux
The trading pattern for gold mirrored that of the U.S. election, after the resounding defeat of the Italian referendum.
Read moreGold Seeing Modest Gains After Italian PM Concedes Defeat In Referendum
(Kitco News) – Volatility in the gold market is seeing a minor rise as Italian citizens voted down proposed reforms to the constitution, causing the euro to slide to its lowest point in almost two years.
Read moreTwenty-Four Days into a New America
Years from now, historians will put into perspective the transitional changes that began a mere twenty-four days ago.
Read moreGold To Focus On U.S. Dollar But Keeping An Eye On Italy – Analysts
(Kitco News) – Gold prices are preparing to end its fourth consecutive week in negative territory, but the outlook from analysts is mixed on whether or not the yellow metal will find some relief next week, from a weaker U.S. dollar and growing event risk sentiment rises ahead of Italy’s constitutional referendum.
Main Street Remains Bearish On Gold; Wall Street Still Bullish
For the second week in a row, Main Street retail investors are pessimistic about gold’s direction over the next week, while Wall Street is bullish, according to the weekly Kitco News gold survey.
Gold’s Going Back To $1,300, Silver To $19 – Commerzbank
Gold investors breathed a small sigh of relief Friday as the metal bounced back from 10-month lows hit earlier in the week, and one German-based bank expects this “upward trend” to continue into next year.
CME Metals Volume Skyrockets In November On Trump Effect
CME Group metals volume didn’t just rise last month; it soared like a rocket headed for Mars.
4 Reasons The Stock Market Might Roll Over In 2017
The stock market has been wildly euphoric since the results of the U.S. presidential election, climbing to new all-time highs.
Read more