BMO: Gold ‘Pullbacks Should Be Viewed As Buying Opportunities’
BMO Capital Markets remains upbeat on gold for the second half of 2016, commenting that ‘pullbacks should be viewed as buying opportunities.’
Read moreGold sees mild corrective pullback from recent gains
Gold prices are modestly lower in early U.S. trading, on a Corrective pullback from recent good gains. Gold bulls Still possess the near-term technical advantage.
Read moreGold Sits Fed Dance Out For The Day As Equities Pop
Gold remained somewhat static in price today, not surprising since equities and crude moved up strongly based on various statements from Federal Reserve officials.
Read moreGold Modestly Up On Follow-Through Strength From Friday’s Solid Gains
Gold prices ended the U.S. day session with modest gains Monday, following the strong gains posted Friday in the wake of a very weak U.S. jobs report.
Read moreGradual Rise in Interest Rates ‘Over Time’ Remains Appropriate: Janet Yellen
Kitco News reports on comments made by Fed Chair Janet Yellen at an event in Philadelphia.
Read moreBullish, Bearish Hedge-Fund Positioning Is Backward Looking, Warn Analysts
Growing interest-rate expectations early last week prompted hedge funds and money managers to reduce their overall exposure in the precious markets, cutting both their long and short bets, according to the data from the Commodity Futures Trading Commis…
Read moreDundee Precious Metals: Krumovgrad Construction Could Begin In Third Quarter
Construction on Dundee Precious Metals Inc.’s (TSX: DPM) Krumovgrad gold project in Bulgaria could proceed in the third quarter, contingent on financing and board approval, says the company’s chief executive.
Gold Back In “No Man’s Land” – Don’t Get Chopped Up
June 6 –Gold buyers swooped in to the rescue last week on the quick dip toward the $1,200 zone. Bargain hunters nibbled and then strong buying emerged. A “hammer” bottom formed on the daily candlestick chart last week.
Citi: Diverging Headline, Core U.S. Inflation Rates Could Support Gold
Citi Research says gold could benefit from a divergence between headline U.S. inflation and the core rate, which excludes volatile food and energy prices.
Read moreLet the Currency War Begin
The May US employment number may mark an acceleration period in the global currency war. What has essentially been a battle has been absent the primary participant
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