The U.S. Election Isn’t Driving Gold, Something Else Is – Celente
While the U.S. presidential election seems to be fueling market volatility, one trend forecaster expects “fear” to rule the marketplace, which should continue to bode well for gold prices.
Gold Above $1,300 But Needs Another Push For Technical Momentum
(Kitco News) – Gold prices continue to benefit from rising risk aversion and a weaker U.S. dollar, pushing into key resistance levels above $1,300 an ounce.
Read moreGold at Daily Highs, Holding Above Key $1,300 Level
Gold prices are trading near their session highs in late-morning action Wednesday.
Read moreSofter U.S. Dollar Leads To Support For Gold – optionsXpress
The U.S. dollar has softened ahead of the U.S. presidential election, helping boost gold, says optionsXpress.
Read moreNewmont Closes Sale of Indonesian Assets, To Pay Down Debt, Fund Projects
Newmont Mining Corp. (NYSE: NEM) has completed the sale of its stake in PT Newmont Nusa Tenggara (PTNNT) for $1.3 billion, with plans to use the proceeds to pay down debt, self-fund projects and pay dividends, the company announced Wednesday.
Read moreGold Touches $1,300
Gold continues to be well bid against the back-drop of the tightening US Presidential race.
Read moreWith Hillary As President, ‘Wall Street Will Be Delighted’ – Gerald Celente
With the New York primaries now in the rearview mirror, Kitco News heard from outspoken, NY-native and longtime trends forecaster Gerald Celente
Read moreDetour Gold Posts 3Q Profit As Production Beats Guidance
Detour Gold (TSX: DGC) reversed to a profit in the third quarter as gold output topped guidance and all-in sustaining costs were below the company’s expectations.
Gold Sees Good Follow-Through Buying, Closing In On $1,300
Gold prices are solidly higher, hit another four-week high and are challenging the key resistance level of $1,300.00 in early U.S. trading Wednesday.
Read moreGold Holding Steady Following Drop In ADP Employment
(Kitco News) – Gold is holding near its new one-month high, just below key resistance, as weaker-than-expected private payrolls data is expected to provide renewed momentum.
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