Gold Sees Some Selling Pressure As Outside Markets Turn Bearish
Gold prices are moderately lower in mid-morning trading Friday.
Read moreGold Ignoring Hawkish Fed Comments
(Kitco News) – Gold prices are once again ignoring more hawkish comments from a regioal Federal Reserve President.
Read more10% Move In Gold ETP Flows Has $41 Impact On Gold Prices – Soc Gen
The investment of choice among gold investors appears to be gold-backed exchange-traded products and according to analysts from Societe Generale this market has considerable impact on the overall market.
Read moreGold Near Steady As Market Consolidates Recent Price Gains
Gold prices are trading around unchanged on the day in early U.S. trading Friday. Some backing and filling on the charts is featured after good gains posted earlier this week.
Read moreUntil More News, Metals Will March To The Dollar’s Dance
Metals continue to waffle in a tight range looking for a new catalyst. Yesterday’s ECB decision to leave rates unchanged and not increase the current stimulus program gave a small lift to the dollar and took the edge off the metals.
North Korea Nuclear Test Pressures Asian Stock Markets
(Kitco News) – North Korea conducted another nuclear test Friday. It’s the fifth such test and it came right after U.S. President Obama left the region. Asian stock markets saw some selling pressure tied to the nuclear test by the rogue nation.
Gold And Silver Trading Sentiment Says Wait For The Next Fed Meeting
Call it sentiment. Call it mood, or a sixth sense. Sometimes traders and investors act out in strange and wondrous ways.
Read moreThe Fed Has a ‘Large’ Balance Sheet, So What? – Ben Bernanke
The Federal Reserve has been under scrutiny for its response to the financial crisis – especially for increasing its balance sheet roughly five-fold.
Gold, Silver See More Profit Taking After Recent Advances
Gold and silver prices ended the U.S. day session lower Thursday, on more profit taking from recent gains that pushed both metals to a three-week high Wednesday.
Read moreGold Sees Some Profit-Taking Selling Pressure
Gold prices have come under moderate selling pressure as midday approaches Thursday.
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