Gold Firmer But Markets Show Muted Reaction To France Terror
The marketplace has not shown a major reaction to the latest major terrorist attack, in which over 80 people were mowed down with a big truck in a Nice, France Thursday night.
Read moreGold Hurt Again By Risk Appetite In Equities
Gold is off around $10.00 today, but the heart of the story is that is with a nearly $4.00 positive assist from a weaker U.S. dollar. Otherwise gold would have been off $14.00 in total. Silver was also off today as the precious metals, except for pall…
Read moreGold Down On Profit Taking, Risk-On Day, But Finishes Up from Daily Lows
Gold prices ended the U.S. day session down on profit taking from recent gains and amid a “risk-on” day in the marketplace.
The Big Bull vs. Bear Debate on Gold
While gold sentiment remains predominantly bullish in the marketplace, the message coming from the opening remarks at this year’s Freedom Fest was vastly different.
Gold Prices Holding Key Support Despite Growing Risk On Sentiment
(Kitco News) – Strong “risk on sentiment” with equity once again at record highs following the North American open is pressuring gold prices Thursday.
Silver Institute: Silver Investment Sharply Higher In 2016
Silver investment has soared in 2016 as investors sought the metal as a safe haven and leveraged exposure to the sharp rally in gold, says the Silver Institute.
Read moreAn Equity Bubble Is Highly Likely
Gold remains under pressure as capital continues to flow into equities. The rush into equities suggests a major bubble is forming, as investors are forced to chase returns in risk assets.
Read moreGold Ignoring Rising Pipepline Inflation Pressures
(Kitco News) – Rising pipeline inflation pressures aren’t enough to help gold prices Thursday and the metal remains under pressure.
U.S. Weekly Jobless Claims Unchanged at 254,000
First-time weekly jobless claims in the U.S. were steady at a seasonally adjusted 254,000 during the week to Saturday, the Labor Department said Thursday.
Read moreGreat Panther: 2Q Silver Production Eases From Year ago; Gold Output Higher
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) says second-quarter production from its two Mexican mining operations fell 5% year-on-year to 1,037,728 silver-equivalent ounces.
Read more