Gold Near Steady Ahead Of Big Batch Of U.S. Data
Gold prices are trading near unchanged levels in quieter early U.S. trading Thursday—just ahead of a heavy dose of U.S. economic data. December Comex gold was last down $0.30 an ounce at $1,325.80. December Comex silver was last up $0.069 at $19.14 an ounce.
Barrick Gold Suspends Operations At Agentinian Mine After Heap Leach Leak
(Kitco News) – Barrick gold announced Thursday that it has suspended operations at its Veladero Mine in Argentina to asset the impact a leak in its heap leak process has had on the surrounding area.
Read moreGround Hog Days
Over the past few days commentators merely had to change the date of posting, the content remained the same.
Read moreGold Flat Against British Pound As BOE Stands Pat
(Kitco News) – Gold in British pound is relatively unchanged on the day after the Bank of England decided to leave interest rate at 0.25% Thursday, in line with expectations.
Read moreWorld Stock Markets Mixed, Awaiting Heavy Dose Of U.S. Data Thursday
(Kitco News) – World stock markets were narrowly mixed overnight. U.S. stock indexes are pointing toward firmer openings when the New York day session begins. World bond markets are in focus, as yields on many government bonds have increased significantly lately.
Calming Markets Pay Benefits Even If Small For Now
Although nothing spectacular was achieved, gold, silver and U.S. equities found firmer footing today. The VIX volatility index reflected the situation, falling 3.50%, close to the 17.00 mark, after having zoomed up from 12.00 to 18.00 in the previous f…
Read moreGold Firmer On Short-Covering, Bargain Hunting As FOMC Meeting Looms
Gold prices ended the U.S. day session firmer in quieter trading Wednesday. More mild short-covering and bargain-hunting was featured following recent declines.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreRising Bond Yields Weighing Down Gold Prices
(Kitco News) – As gold struggles to hold on to gains Wednesday, some analyst are warning that lower prices could be seen in the near-term as global bond yields start to rise.
Read moreIs it Time For Billionaires Like Warren Buffett To Protect Themselves With Gold
(Kitco News) – It has not been a good week for equity markets, nor billionaire investors. After Tuesday’s selloff, the S&P 500 is down 3% from its all-time highs, which were seen just one month ago.