Rising 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.
Read moreCommerzbank: Gold ETF Holdings Post Second Straight 16-Tonne Decline
Holdings of gold by global exchange-traded funds have now fallen by roughly 16 tonnes for two days in a row, points out Commerzbank, citing data tracked by Bloomberg.
Read moreGold Continues Slide, Equities Slow Their Ascent, Oil Weakens Further
It’s understandable that gold would continue to slide as we celebrate not so much Donald Trump’s victory as we do the end of the election itself.