Largest Bloc Of Wall Street, Main Street Voters Bullish For Week Ahead
Wall Street and Main Street have similar views on the direction for gold prices next week, based on the Kitco News gold survey, with the bull camp having the largest bloc of voters although each garnered a little less than 50% of the total.
Read moreBurkina Faso – An Undervalued Area Play
Burkina Faso – which means “land of honest people” – is a 105,900 square mile sized landlocked country in West Africa with a very stormy recent history.
Trump Could Push Gold Prices $500 Higher – ABN Amro
Donald Trump is now the Republican nominee and a true contender of becoming the next president of the United States.
Read moreGold Prices See Modest Selling Following Rise In Flash U.S. PMI
(Kitco News) – Although under pressure, the gold market is trying to hold its ground, despite preliminary data showing growing momentum in the U.S. manufacturing sector, according to the latest flash Purchasing Managers Index data.
Read more3 Reasons The U.S. Could Fall Into Recession In 2017
Gold buyers are falling asleep at the wheel. It is late July. Beach vacations are calling.
Read moreGold Down Amid Less Risk Aversion in World Marketplace
Gold prices are weaker in early U.S. trading Friday. The recent rally in world stock markets has hurt the safe-haven metal, as such suggests investor risk appetite has rebounded strongly since the late-June Brexit vote. August Comex gold was last down …
Read moreBargain Hunting Or A Legitimate Response
Yesterday’s pop in gold was attributed to bargain hunters buying the dip. I guess it was a fair comment, but two events caused the reversal and the market was likely to test lower had they not occurred.
Gold Weaker Amid Upbeat Investor Risk Attitdues
World stock markets were mostly weaker overnight, on mostly profit taking from recent gains.
Read moreGold Gains On Drop In Equities And Weaker Dollar
Stocks were looking for an excuse to fall back and they found one in weaker crude prices, which weighed on U.S. markets.
Read moreLarge Institutions Expected To Jump Into Gold In H2 – ETF Securities
(Kitco News) – Gold’s bull rally is not fading anytime soon as growing market uncertainty and periods of high volatility continue to provide a tailwind for the market, according to one analyst.