Brexit Has Markets Pricing In Fed Rate Cuts This Year
(Kitco News) – The surprise support for Brexit last week continues to create waves of financial turbulence that can be felt across the globe and appears to be impacting U.S. interest rate expectations.
Read moreGold Firmer On Safe-Haven Demand, But Profit-Taking Limits Gains
Gold prices ended the U.S. day session modestly higher and down from the session highs Monday.
Read moreGold ETF Outperform Futures, Analysts Expecting More Demand Post-Brexit
Gold-backed exchange traded products were one of the only bright spots last week, once again seeing unprecedented demand as markets were roiled on the surprise support by UK voters to exit from the European Union.
Read moreAtlantic Gold Completes Final Tranche Of Gold-Hedging Contracts
Atlantic Gold Corp. (TSXV: AGB) reports that under terms of its hedging facility of up to 215,000 ounces, the company has entered into gold-price hedging contracts covering the remaining 35,000 ounces of production from the Moose River consolidated pro…
Read moreBrexit Breakout: Gold Pattern Targets Gains To $1,400
Gold’s strong price surge last week once again reaffirmed its status as the ultimate safe-haven amid times of global uncertainty, panic, political and economic upheaval.
Read moreGold Continues To Outperform Other Markets On Safe-Haven Bid
Gold is stronger again on the second trading day after the U.K. voted to leave the European Union. As of 9:18 a.m. EDT, Comex August gold was $7.90 stronger to $1,330.30 an ounce and earlier traded as high as $1,340.
Read moreCME Group Increasing Margins For Comex Gold Futures
Margins will rise for Comex gold futures at the close of business on Monday, according to a notice from exchange operator CME Group.
Read moreGold Higher As Safe-Haven Demand Still Keen, Post-Brexit Vote
Gold prices are higher and continue to get a safe-haven bid in early U.S. trading Monday, as world stock, currency and financial markets are still on shaky ground. August Comex gold was last up $13.60 an ounce at $1,335.90. July Comex silver was last u…
Read moreMaelstrom Continues
Gold continues well bid in Europe, as the falling Euro adds incrementally to the value of gold. The issue remains the immediate lack of clarity and purpose.
Read moreAnalysts: Post-Brexit Uncertainty To Keep Underpinning Gold
The economic and political uncertainty after the U.K. vote to leave the European Union last week is still underpinning gold, and analysts look for this to continue as markets assess the potential impacts of the historic referendum.
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