Win Streak Ends; Wall Street, Main Street Mixed On Gold
For five straight weeks, Main Street and Wall Street participants in the Kitco weekly gold survey accurately forecasted that gold would post a weekly gain.
Read moreWould The Turtle Traders Buy Gold Now?
Can you learn to be a good trader, or are successful traders simply born that way? That question was the essence of a legendary bet between Richard Dennis and William Eckhardt in the early 1980’s.
Read moreRBC Calling For $1,500 Gold For 2017, 2018
(Kitco News) – In a world of rising gold forecasts, RBC Capital Markets is setting itself apart from the herd as it releases one of the most aggressive updates, saying a new bull market is under way.
Read moreGold Correcting In Price – Gold Miners Correcting In Time
For almost 15 years I have been beholden to this wild and crazy precious metal miner sector that entailed two crashes and two huge run-ups.
Read moreCommerzbank: Silver ETF Holdings Hit Record High
Silver holdings in global exchange-traded funds have hit a record high, says Commerzbank. Silver ETF inflows amounted to 53 tonnes Thursday, which puts inflows since the beginning of the week at 202 tonnes, the bank reports.
Read moreNew York Fed Sees Sharp Decline In Manufacturing
(Kitco News) – The gold markets appears to be ignoring disappointing regional manufacturing data and instead putting more focusing on stronger than expected retail sales data.
Read moreGold Prices Slightly Weaker Following In Line Inflation Pressures
Kitco News reports on the U.S. Consumer Price Index for June.
Read moreGold Weaker After U.S. Data, But Losses Limited As Trader/Investor Risk Appetite Wanes
Another major terror attack in France Thursday night has sapped trader and investor risk appetite on Friday, which is in turn supporting some modest buying interest in the safe-haven gold market.
Read moreGold’s Resilience Indicates Markets Are Not Convinced With Equity Price Surge
For the time being, gold has settled into a lower range bound by $1,320 – $1,338.
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