Credit Suisse: ‘Why We Think The Trump Victory Will Be Good For Gold’
Donald Trump’s win in the U.S. presidential election should be supportive for gold due to potential for greater budget deficits
Wow: President Trump
A marathon trading day yesterday, as our desk was engaged well into the early- morning hours.
Read moreGold Solidly Up, But Down From Overnight High, On Trump Win
Gold prices are solidly higher and have hit a six-week high in early U.S. trading Wednesday, in the wake of a stunning U.S. presidency win by Donald Trump.
Read moreFirst Majestic Silver Posts Profit On Record Quarterly Output
First Majestic Silver Corp. (NYSE: AG; TSX: FR) posted profit in the third quarter as prices and output rose from a year ago but costs fell.
Read morePrimero Lists 3Q Loss As Labor Issues Hit Production
Primero Mining Corp. (TSX: P; NYSE: PPP) reports a third-quarter loss as production was hurt by labor issues at San Dimas.
Read moreGold Pares Gain On Profit-Taking; Analysts See More Buying Ahead
(Kitco News) – Comex gold has pulled back from its overnight highs on profit-taking, but analysts and traders look for buying to resume in the not-too-distant future as investors purchase the metal as a safe-haven hedge against uncertainty after Republican Donald Trump’s win in the U.S. presidential election Tuesday.
Gold Could Go Higher Wednesday In Trump Victory Aftershocks – Murenbeeld
Although gold prices are up more than 3.5% as Republican candidate Donald Trump wins key swing states Ohio, Florida and North Carolina, it could still have further to move Wednesday as traders continue to digest the results according to one economist.
Read moreGold Nearly $40 Higher As Trump Doing Much Better Than Expected in U.S. Election
Markets do not like to be wrong. The marketplace expected Hillary Clinton to cruise to a victory in the U.S. presidential race.
Read moreGold Up More Than 2% As Trump Leads Key States But Gains Are Fragile – Analyst
(Kitco News) – Gold is seeing strong 2% gains overnight as the math appears to be supporting Trump in some key battleground states, according to one analyst.
Read moreGold Pushes Well Above $1,300 As Trump’s Good Showing Spooks Financial Markets
Gold prices were trading around $35.00 an ounce higher just a short while ago, and have moved well above the key $1,300.00 level.
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