Soros Exits Gold ETF But Ups Barrick Holdings In 3Q; Paulson Keeps Gold Position
Soros Fund Management LLC more than doubled its holdings in shares of Barrick Gold Corp. (NYSE, TSX: ABX) during the third quarter while selling its position in SPDR Gold Shares
Read moreShort And Sweet Regarding Gold: It’s all about the Dollar Today
The U.S. dollar is up more than 1.00% against the euro today, squashing gold down, despite the fact that in regular trading gold gained 0.35%. Overall, though, the yellow metal was down $8.50.
Read moreRising Mortgage Rates Could Be Good For Gold Market – ICBC Standard Bank
(Kitco News) – A sharp rise in U.S. bond yields across the board created some selling pressure for gold but one international bank sees a scenario where higher interest rates could be positive for gold.
Read moreGold’s Downslide Continues As Prices Hit 5.5 Mo. Low
Gold prices ended the U.S. day session modestly lower and hit a 5.5-month low Monday.
Read moreMarkets Should Focus On Federal Reserve Interest Rates And Not Trump Policies – Analysts
(Kitco News) – Steepening U.S. bond yields have dragged gold prices to their lowest point since early June as markets continue to react to potential fiscal stimulus proposed by president-elect Donald Trump.
Read more3 Charts All Gold Investors Should Look At Now
Gold prices are falling precipitously Monday morning in a risk-off trade.
Read moreGold Looks Oversold For Brave Investors – Technical Analyst
The gold market is down more than 9% from last week’s election night highs and according to one award-winning technical analyst gold it at key crossroads.
Sierra Metals Posts Second-Best Quarterly Output Ever
Sierra Metals Inc. (TSX: SMT; BVL: SMT) reports a profitable third quarter on strong metals production.
Read moreFalse Euphoria
Metals continue to be caught in the euphoria of a new dawn in U.S. economic growth.
Read moreGold At 5.5-Mo. Low On Bearish Outside Mkts, Upbeat Risk Appetite
Gold prices are weaker and have hit a 5.5-month low in early U.S. trading Monday.
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