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.
Read moreGold Acts Like Traditional Haven; Oil Stays On The Rocks
Gold took advantage of a strong current of uncertainty flowing through markets today that was based on three things. Wrapped around the uncertainty was a weaker dollar.
Read moreGlobal Gold ETF Reserves See Marginal Increase In October
(Kitco News) – Although gold-backed exchange-traded funds withstood the initial barrage of selling at the start of October as gold futures dropped 5%, investor demand was uninspiring by the end of the month.
Read moreGold Up, Hits 4-Week High; Closing In On $1,300
In late U.S. trading Tuesday, gold prices were solidly up and hit a four-week high.
Read moreA Rare 100% Expect No Rate Hike This Week – Fed Survey
A CNBC Survey found that a whopping 100 percent of respondents do not expect a rate hike following the Federal Open Market Committee meeting this week, but 86 percent see one coming in Dec. 13-14 meeting.
Read moreThe Case for a Donald Trump Presidency – Doug Casey
This week, we get thoughts from the politically savvy and libertarian Doug Casey, who says a Donald Trump White House might not be such a bad idea as some have made it out to be.
Read moreHSBC: Gold Would Rise Faster With Trump Than Clinton
Gold prices will rise under either a Donald Trump or Hillary Clinton presidency but likely would rise faster under Trump, perhaps hitting $1,500 an ounce before the end of the year, said HSBC Tuesday.
Read moreGold Prices See Broad-Based Strength On Election Jitters, Weaker USD
(Kitco News) – Not only is gold seeing its highest price in almost a month against the U.S. dollar, but it is also seeing broad-based strength against other currencies Tuesday.
Read moreHSBC: Demand For Gold, Silver Coins Strong In October
Retail gold and silver demand appears strong, says HSBC.
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