Investors Remain Underweight Gold, Silver Stocks – RBC Capital Markets
Gold has been one of the best performing assets this year, but it’s the actual mining stocks that may be outshining the metal.
Read moreGold Up in 2-Sided Trade; Slumping Greenback Bullish
Gold prices ended the U.S. day session with good gains Tuesday, in a choppy affair that saw prices trade on both sides of unchanged.
Read moreResearchers Dig For Nazi Gold Ghost Train in Poland
(Kitco News) – The world will soon learn the truth about the mystery of a lost Nazi train believed to be laden with gold and looted treasure.
Read moreBritish Billionaire Crispin Odey Places 86% Bet On Gold
One hedge fund manager, who is heading for his second consecutive yearly loss, has now put all his eggs in the same basket – betting almost entirely on gold.
Dundee Precious Metals Announces Restart Of Tsumeb Smelter
Dundee Precious Metals Inc. (TSX: DPM) reports that operations resumed over the weekend at the Ausmelt furnace at its Tsumeb smelter in Namibia.
Read moreGold Loses Altitude After Upbeat U.S. Economic Data
Gold prices have shed their decent early gains in mid-morning trading Tuesday. A U.S. industrial production and capacity utilization report that beat market expectations is partly responsible for gold prices backing off their daily highs.
Read moreTD Securities: Safe-Haven Interest In Gold To Continue
TD Securities looks for any downward correction in gold to be contained and for safe-haven buying to continue.
Read morePaulson Maintains Gold Position; Soros Cuts Barrick Holdings
Well-known hedge fund manager John Paulson maintained his holdings in the world’s largest gold exchange-traded fund in the second quarter, while Soros Fund Management LLC sold most of its stake in Barrick Gold Corp., according to filings with the Securities and Exchange Commission.
Gold Prices Holding Some Gains Despite Muted Inflation And Housing Data
(Kitco News) – Gold prices have rallied to session highs Tuesday morning despite slightly better than expected housing data and muted inflation pressures.
Read moreGold Higher As U.S. Dollar In Meltdown
Gold prices are higher in early U.S. trading Tuesday, boosted by a slumping U.S. dollar index that hit a seven-week low overnight.
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