Metals Firmer Ahead Of Italian Referendum
The November nonfarm payroll number came in at 178,000, in line with expectations.
Read moreGold Futures Modestly Up On Short-Covering; U.S. Jobs Data As Expected
Gold prices are firmer in early U.S. trading Friday, on a short-covering rebound in the futures market and amid some perceived bargain-basement-buying in the cash market.
Read moreGold Futures Shows Modest Gains Following 178K Jobs Print in Nov
(Kitco News) – Gold is holding steady in modest positive territory after the U.S. government reported employment gains last month in line with expectations.
Read morePrice Group’s Flynn: Look For Short Covering In Gold
Phil Flynn, senior market analyst with Price Futures Group, sees potential for short covering to set into gold futures as traders book profits ahead of the holidays and year-end.
Read moreCan Gold Hold on to Its Yearly Gain of Ten Percent
Ten – Ten, the two critical numbers gold traders are looking at closely.
Why Bond King Gundlach Isn’t Giving Up on Gold Just Yet
Despite dipping to multi-month lows, one Wall Streeter – known to most as the “Bond King” – isn’t giving up on gold just yet.
Despite Correction, 6% To 7% Exposure In Gold Equities Makes Sense – CIBC
(Kitco News) – One Canadian bank is reducing its exposure in the mining sector even if it still sees potential for higher prices in 2017 in a low real-interest rate environment.
Read moreGold Down, Hits 10-Mo. Low; No Help From Rallying Oil
Gold prices ended the U.S. day session modestly lower Thursday and sunk to another 10-month low.
Read moreAnalysts See Good Chance Gold Prices Retest 2015 Lows
After ending its worst month in nearly three years, the gold market remains on the back foot, with some analysts citing an increased risk that prices retest last year’s lows.
UBS: Gold Seen Averaging $1,350 In 2017; ‘Down But Not Out’
Swiss bank UBS looks for gold to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant price declines over the last few weeks.