Survey: Wall Street, Main Street Bullish On Gold Prices For Next Week
Market professionals and retail investors are bullish on gold for next week, according to the latest results of the Kitco News Wall Street vs. Main Street gold survey.
Read moreGold: It’s Not Just A Fed Trade
In recent months, the short-term trading crowd has hijacked the gold market.
Read moreGold Benefiting From Growing Brexit Fears
Gold prices continue to get a boost from rising risk aversion sentiment ahead of the United Kingdom’s referendum on whether to leave the European Union, according to analysts.
Price Group’s Flynn Looks For Follow-Through Momentum In Comex Gold
Uncertainty over the U.K. vote on leaving the European Union, combined with anticipation of a Federal Open Market Committee meeting next week, should provide further support for Comex gold futures, says Phil Flynn, senior market analyst with at Price F…
Read moreGold Firmer As World Stock Markets Turn Jittery
Gold prices are modestly higher in early U.S. dealings Friday.
Read moreA Day Of Rest Ahead Of An Upcoming Frenetic Week
Metals should have a day of consolidation after a week of serious gains. Next week’s FOMC meeting and the coming Brexit vote will create significant volatility.
The Bond Market is The Foundation for the Gold Rally
What is different this time, as global sovereign debt yields continue to decline to record lows reducing the opportunity cost of investing in gold and silver?
Read moreFirst Mining Completes Acquisition Of Cameron Gold Project
First Mining Finance Corp. (TSXV: FF) reports the completion of the previously announced acquisition of Cameron Gold Operations Ltd., a subsidiary of Chalice Gold Mines Ltd. (TSX: CXN), which owns the Cameron gold project in Ontario.
Read moreGold Weaker On Some Chart Consolidation, But Bulls Had A Good Week
World stock markets were mostly weaker overnight, on investor worries about weakening worldwide economic growth prospects. U.S. stock indexes are pointed toward lower openings when the New York day session begins.
Read moreGold Climbs Again As It Ignores Stronger Dollar vs Euro
More impressively for the two heavy-hitter precious metals, it was practically uniformly an off day for all other commodities, except those that move in reciprocity with a partner. (Natural gas was up against falling crude, e.g.)
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