Does Gold Shine On Fears Of An Oversaturated Bond Market?
The writing could be on the wall for the government debt as nervousness picks up in the marketplace following Japan’s disappointing auction of 10-year government bonds Tuesday; some analysts think this could be gold’s moment to shine.
Endeavour Silver Reports 2Q Profit As All-In Sustaining Costs Fall
Endeavour Silver Corp. (NYSE: EXK; TSX: EDR), which operates three underground mines in Mexico, reversed to a profit in the second quarter despite lower silver output as earnings were helped by lower operating costs.
Read moreGold Slightly Lower On Mild Profit Taking
Gold prices are modestly lower in early U.S. trading Wednesday, on some profit taking and a corrective pullback from Tuesday’s gains that pushed prices to a three-week high.
MKS: Weak Global Economic Growth Fueling Demand For Gold
Continuing sluggishness in the global economy is encouraging demand for precious metals, says MKS (Switzerland) S.A. Spot gold is back within roughly $12 of its two-year high hit early last month.
Read moreGold Down Following Growth In ADP Private Sector Employment
(Kitco News) – Gold prices is seeing some selling pressure as private sector employment data shows a growing labor market in July.
Read moreOne Level Left Before 2016 High Revisited
Gold continues to waver at the $1,365 level, after breaking up through $1,355 on Tuesday
Read moreGold Slightly Down, ADP Jobs Number Awaited
World stock markets were steady to weaker Wednesday, as falling oil prices are weighing on world equities. U.S.
stock indexes are pointing toward weaker openings when the New York day session begins.
Gold Basks In Rays Of Weaker Dollar
Weakness in the U.S. dollar is pushing the markets around today, and gold is especially benefiting. In mid-afternoon trade, gold is up around $12.00 of which almost $10.00 is due to the sagging dollar.
Read moreGold Pushes To 3-Week High On Weakening Greenback, Bullish Technicals
Gold prices ended the U.S. day session solidly higher and hit a three-week high Tuesday. Gold and the other precious metals prices have been supported recently by a slumping U.S. dollar index.
Read moreGold Trading Near Session High In Late-Morning Dealings
Gold prices are posting solid gains and are trading near their daily highs as midday approaches Tuesday.
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