Citi: Gold Implied Volatility Rises Ahead Of U.S. Election
Gold’s implied volatility has risen ahead of next week’s U.S. presidential election and may stay higher under a scenario in which Republican Donald Trump wins, says Citi Research.
Gold Steady-Weak After U.S. Jobs Data Close To Expectations
Gold prices are trading steady to slightly lower in early U.S. dealings Friday, following a U.S. jobs report that came in very close to the consensus forecast.
Read moreGold Holding Around $1,300 Following Nonfarm Payrolls Report
(Kitco News) – Gold prices are holding relatively steady, hovering around the psychological level of $1,300 an ounce as the U.S. labor market showed a mixed picture last month.
Read moreTahoe Resources Posts Third-Quarter Profit
Tahoe Resources Inc. (TSX: THO; NYSE: TAHO), which acquired Lake Shore Gold Corp. this spring and now calls itself “a new leader in precious metals,”
Watching May Be More Prudent Than Trading
Metals rebounded yesterday as traders bought the dip after the market absorbed the possible reversal of the Brexit vote.
Read moreYour Election Day Trading Guide
The fight for the White House has intensified. As the presidential candidates power up for the last sprint toward the finish line that is voting day, the tensions are rising, the ads are turning uglier and the polls are narrowing.
Read moreNot All Market Turmoil Is Caused by The Election
Gold saw a nice little rise today, about half of which came on the back of dollar weakness. The question is: where is the dollar weakness coming from? Certainly, a bit is coming from the tightening of the U.S. election.
Read moreCentral Banks Gold Buying Picks Up In September To 13 Tonnes
(Kitco News) – Although central bank gold purchase has been uninspiring this year, one research firm remains optimistic that this segment of the market will continue to grow.
Read moreGold Modestly Lower On Profit Taking, But Well Up From Daily Lows
Gold prices ended the U.S. day session just modestly lower Thursday and well up from the sharp losses seen in early trading.
Read moreGold To Win In U.S. Election But Has More Potential With Trump – Analysts
(Kitco News) – With the Federal Reserve on hold until at least December, markets are now squarely focused on next week’s U.S. presidential and congressional elections, which according to many analysts, will bode well for gold.