Money Managers Jumping Out Of Gold And Into Silver – CFTC Report
While hedge funds and money managers were lowering their exposure to the gold market, they were increasing their bullish bets in silver, according to the latest data from the Commodity Futures Trading Commission.
Read moreTrade What You See – Not What You Think You Know
The influence of gravity has set in on the gold market. It’s late July. The summer doldrums are settling in. Gold bulls failed to muster follow-through buying on the post-Brexit upside breakout.
Read moreGolden Star Posts Adjusted Profit In Second Quarter
Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) reports an adjusted profit in the second quarter, as gold production of 42,461 ounces was as in line with company expectations although down from 55,132 ounces in the same period a year ear…
Read morePrice not the main factor for India’s physical gold market standstill: sources
A myriad of factors are behind the present record discount for physical gold purchases in the world’s number two consuming nation India, including government policy and a shift in consumer purchasing power/patterns, sources said over the weekend at an…
Read moreBHP Billiton gold output hits 14-year high as price surges
Declining production was the norm across BHP Billiton’s most important divisions during fiscal 2016, but that didn’t stop booming production in some of the company’s lower profile product groups.
Read moreGold Drifts Lower Amid Lack of Fresh, Bullish News
Gold prices are weaker in early U.S. trading Monday. No new bullish fundamental developments are allowing gold prices to languish in a sideways to lower drift on the daily bar chart.
Read moreCiti: Holdings In Gold ETFs Keep Rising During July
Holdings in gold-backed exchange-traded funds have kept rising this month while net length in Comex gold futures decreased, suggesting that retail and institutional holdings in ETFs are generally “stickier,” says Citi Research.
Summer Doldrums Take The Luster Off The Metals, But Bull Market Far From Over
The slightly stronger dollar and stable equity prices have once again taken the edge of the metals complex.
Read moreGold Lower Amid Lack Of Fresh Bullish News
World stock markets were mostly steady to firmer overnight.
Read moreU.S. stock futures waver as investors gear up for ‘pivotal’ week
U.S. stock futures struggled for direction on Monday, as investors stayed cautious ahead of a busy news week with earnings kicking into high gear and more than a dozen central banks holding policy meetings.
Read more