Analysts 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.
HSBC Sees Bigger Silver Supply Deficit, $18.75 Avg. Price In 2017
HSBC looks for the polish to return to silver in 2017, forecasting a 132 million-ounce supply deficit and average price of $18.75 an ounce.
Read moreGold Pares Loss As Nov. ISM Manufacturing Index Rises To 53.2%
Gold Pares Loss As Nov. ISM Manufacturing Index Rises To 53.2%
Read moreU.S. Mint To Start Taking Orders For 2017 Coins On Jan. 9
The U.S. Mint reports that production of certain 2016-dated coins has ended and orders will be accepted for 2017-dated coins starting Jan. 9.
Read moreGold Unfazed As U.S. Weekly Jobless Claims Rise 17,000 To 268,000
Gold Unfazed As U.S. Weekly Jobless Claims Rise 17,000 To 268,000
Read moreGold At 10-Mo. Low On Bearish Charts, Marketplace Optimism
Gold prices are slightly lower again in early U.S. trading Thursday and hit another 10-month low overnight.
Read moreAll-Will-Be-Well Perception Is Bad For Gold
You can argue that the euphoria we are seeing in the equity markets and the growing market maven’s enthusiasm that the U.S. is on the verge of a Reagon recovery is a pipedream.
Great Panther Halts Topia Processing During Transition To New Tailings Facility
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) officials report that the company has suspended operations at the Topia Mine processing facility in Mexico
Read moreOil prices hold gains after surge on OPEC output deal
Crude oil prices steadied around $50 a barrel on Thursday, holding onto most of the big gains made after OPEC and Russia agreed to restrict production, even as analysts warned other producers were likely to top up supply.
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