Gold Rallies as U.S. Dollar Sinks
World stock markets were steady to narrowly mixed overnight.
Read moreDr. Gloom Is Back, and He’s Predicting a 50% Correction in the S&P 500
U.S. equities are on a tear with the S&P 500 trading at record highs.
Overweight Gold? Investors Should Protect Their Portfolio From Interest Rate Shocks – CIBC
(Kitco News) – Although one Canadian bank is significantly overweight gold mining stocks, they are warning investors to be a little more defensive as there is still a risk of rising bond yields.
Read moreIgnore Fed Speak & Focus on the Data Says Ben Bernanke
Focus more on economic data and ignore the noise from Fed officials, is the suggestion one former Federal Reserve chairman has for market participants.
Read moreGold Rebounds After Weak Data Hits U.S. Dollar Index
Gold prices ended the U.S. day session higher and nearer the daily high Tuesday.
Read moreBritish Pound Continues To Lose Ground Against Gold
(Kitco News) – In global currency markets, gold appears to be the biggest winner as the British pound continues to lose ground, falling to its lowest levels since early July.
Read morePerfect Storm Brewing For Gold’s Multi-Year Bull Market – Diego Parrilla
(Kitco News) – According to one acclaimed author and economist, a perfect storm is brewing in financial markets that will lead to a multi-year bull run for gold.
Read moreTDS: Negative Global Real Yields To Prevent Rout In Gold
Real bond yields in negative territory for much of the world should provide a floor under the gold market even if the yellow metal slides some more on increased expectations for a Federal Reserve rate hike, says TD Securities.
Read moreGold Pushes Higher On Short Covering, Bargain Hunting
Gold is seeing a moderate recovery from recent selling pressure, as prices have moved above unchanged in mid-morning trading Tuesday.
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