U.S. Producer Price Index Rises 0.3% During September
Producer prices for finished goods in the U.S. increased by a seasonally adjusted 0.3% during September, the Labor Department said Friday.
Read moreCredit Suisse Sees Gold Back Above $1,400 In 2017
Credit Suisse says the recent consolidation in gold “provides a more attractive entry point” and looks for the metal to climb back above $1,400 an ounce in 2017.
HSBC: Gold Stands To Benefit From Trade Protectionism
Gold could benefit from growing protectionist views toward free trade globally, says HSBC.
Read moreStrong Greenback Continues To Weigh On Gold
Gold prices are modestly lower in early U.S. trading Friday. A higher U.S. dollar index this morning that is hovering near a seven-month high continues to invite sellers in the precious metals markets.
Read moreGlobal Equity Markets Firmer Ahead Of Important U.S. Bank Earnings, Economic Data Friday
Asian and European stock markets were mostly firmer overnight. Thailand’s stock market saw a strong rebound following big losses seen earlier this week.
Read moreGold Rises On Wings of Weaker Dollar, Stocks Falter On Banks
We are entering a phase in which we have to begin discussing fairly consistently the odds for a December rate rise. We are already leaning, on a fundamental basis, away from December, a minority position.
Read moreGold Miners Should Focus on This Right Now
(Kitco News) – The mining sector needs to embrace technology if it wants to survive the new digital age, this according to one mining executive who is seeing his venture with technology starting to pay off.
Read moreGold Ends Firmer Amid Weaker U.S. Dollar, Value Shopping
Gold prices ended the U.S. day session moderately higher Thursday, supported by some more short covering in the futures market and perceived bargain-basement buying in the cash market.
Read moreBargain Hunters Test Gold Market As December Rate Hike Priced In – Analysts
(Kitco News) – The gold market is seeing some modest buying Thursday, despite increasing expectations of a U.S. rate hike in December.
Read moreAndrew Quinn Appointed LBMA Non-Executive Director
Andrew Quinn has been appointed as a non-executive director of the London Bullion Market Association, the organization reports.
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