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.
Read moreGold Boosted By Sharply Lower U.S. Dollar Index
World stock markets were mostly weaker overnight and the U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins.
Read moreGold Pushes Up as US Equities Continue Breaking Records
The week started off on a positive note for gold. It rose $3.00 per ounce (at 4PM Eastern Time) with a tangible assist from a weaker dollar. Silver rose as well, more or less in the same fashion, but with more upward momentum provided by regular trading.
Read moreGold Firmer In Quiet Trade Amid Dog Days Of Summer
Gold prices ended the U.S. day session near unchanged levels in subdued U.S. trading Monday.
Read moreRothschild Ups Gold Bets
As central bankers continue their “greatest experiment in monetary policy in history,” it is important for investors to focus on preserving wealth, this according to one member of the Rothschild banking family.
Michael Phelps Might Owe Uncle Sam $9,900 per Olympic Gold
Being the greatest athlete of all-time may come at a high price. Michael Phelps might be paying $55,000 in taxes for his five golds and one silver, won during this year’s Olympic Games in Brazil.
Mitsubishi: Gold Market Eyes FOMC Minutes, Fed Speakers
Gold is at a key juncture and minutes from the July meeting of the Federal Open Market Committee, due out Wednesday, plus speaking appearances by regional Fed presidents this week could dictate near-term price direction, says Mitsubishi.
Read moreInvestors Cut Bullish Gold, Silver Bets Post-Jobs Data – CFTC
Large speculators scaled back their bullish posture in the futures market based on the latest data compiled by the Commodity Futures Trading Commission, although one bank described the retreat as limited considering the strong U.S. jobs report release…
Read moreGold Prices Push To Daily Highs In Late-Morning Trading
Gold prices have risen to modestly higher levels in late-morning dealings Monday, after having traded at near unchanged levels overnight and in early U.S. action.
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