The U.S. Should Devalue the Dollar…And Here’s How – Murenbeeld
The U.S. dollar — a major headwind to gold prices — is overvalued and needs to move lower, this according to one economist.
Read moreGold Ends Slightly Up in Quieter Trading; New Inputs Awaited
Gold and silver markets ended quieter trading sessions slightly higher Monday. Market participants are looking for new fundamental information to drive their markets.
Read more‘Weak Longs’ Shedding Gold Bets At Fastest Pace On Record – Analysts
(Kitco News) – For the second consecutive week, hedge funds liquidated their bullish gold and silver bets while increasing their short exposure, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold Prices Unfazed Following Comments From Fed’s Fischer
(Kitco News) – Gold prices continue to ignore comments from Federal Reserve Governor Stanley Fischer as does not shed any new light on potential interest rate hikes.
Read moreEven A 1% Funds Rate Is Sloshy, Easy Money
The gold market gained modestly in early trading Monday, boosted by weakness in the U.S. dollar index.
Read moreCommerzbank: ETF Flows, U.S. Dollar Offsetting Factors For Gold
Gold continues to be underpinned by exchange-traded-fund inflows but held back by a muscular U.S. dollar, says Commerzbank.
Read moreHarmony Guides 10% Rise In Quarter-On-Quarter Gold Output
Argonaut Gold Inc. (TSX: AR) has trimmed its 2016 output guidance after reporting production of 26,322 gold-equivalent ounces during the third quarter, a year-on-year decline of 9%.
Read moreGold Prices Unable To Rally Following Drop In Empire State Survey
(Kitco News) – Gold remain flat Monday despite a decline in growth within theNew York regional manufacturing sector.
Read moreGold, Silver Near Steady; Markets Await Fed Official’s Speech
Gold and silver prices are hovering near unchanged levels in early U.S. trading Monday.
Read moreBreak-Out Imminent For Range Bound Gold
Gold continues to be bound between the $1,250 – $1,260 range, but I suspect the range is in imminent danger of a break-out. we are seeing higher- than- normal demand coming out of Hong Kong, with physical silver purchases outpacing gold.
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