Gold Drops Amid Improved World Optimism, Bearish Outside Markets
Gold prices have sunk below unchanged and are trading near their daily lows in late-morning action Thursday.
Read moreHigher Bond Yields and Rising Copper Prices Challenging For Gold – Analysts
(Kitco News) – Gold is struggling Wednesday as a stronger U.S. dollar, higher bond yields and rising copper prices weight on the market according to some analysts.
Read moreTrump Effect Still ‘Unclear,’ But Fed Will Likely Move Forward – ICBC
Although rallying above $1,300 an ounce on Election Night, the metal has failed to hold this key level because the Fed is likely to tighten this year, this according to one bank.
Read moreHarmony Posts Record Quarterly Revenue
Harmony Gold Mining Co. Ltd. (NYSE: HMY; JSE: HAR) posted its highest revenue ever in quarter ending Sept. 30, enabling the company to register a profit.
Read moreEquity Markets May Have More To Offer Than Gold – David Rosenberg
(Kitco News) -Although equity markets are generally overvalued, one market strategist thinks there are still opportunities for discerning investors, which does not include gold.
Read moreGold Modestly Up; Marketplace Focus Shifting
Gold prices are modestly higher in early U.S. trading, despite a keener “risk-on” trader and investor mentality in the marketplace on this day.
Gold Prices Hold Modest Positive Gains Following 11K Drop In Weekly Jobless Claims
(Kitco News) – The gold market continues to hold its own as prices remain in positive territory following strong-than-expected weekly labor market data.
Read moreEverything Is Great
Gold stabilized and held the $1,272 support line, as exuberance (never thought I would say that) over President-elect Trump’s victory created a massive flow back into the equity markets
Silver Wheaton Reports Higher 3Q Profit, Hikes Dividend
Precious-metals streaming company Silver Wheaton Corp. (TSX, NYSE: SLW) hiked its dividend and posted a higher profit in the third quarter as revenue soared on stronger gold production and prices for precious metals, the company reported late Wednesday.
Read moreGold, Equities, Dollar Regain Equilibrium
There is a positive way to interpret the recovery in today’s markets following very, very wild overnight sessions.