Senior Bank Of England Official To Become Chairman Of LBMA
Paul Fisher will become the new chairman of the London Bullion Market Association in September following his retirement from the Bank of England at the end of July, the LBMA said Wednesday.
Read moreGold Loses Ground Against Canadian Dollar As BOC Keeps Rates Unchanged
Kitco News reports on the Bank of Canada interest rate decision for July.
Read moreMitsubishi: U.S. Interest Rates Likely To Maintain ‘Favorable’ Gold Environment
Mitsubishi says U.S. interest rates are likely to remain on hold, thereby maintaining a “favorable” environment for gold.
Read moreB2Gold Reports Record 2Q, 1H Gold Production
B2Gold Corp. (TSX: BTO: NYSE MKT: BTG) reports record gold production and revenue for the first quarter and first half of 2016.
Read moreGold Rebounds On Bargain Hunting After Tuesday’s Pressure
Gold prices are moderately higher in early U.S. trading Wednesday on a corrective bounce as traders are once again “buying the dip” after Tuesday’s solid selling pressure.
Interest Evident On Any Pull-Back
Most of the drama in metals appears to take place at the Tokyo open. Gold broke down through the $1,338 level in intra-day trading yesterday and the Far East followed through with selling close to the $1,225 level, we mentioned yesterday. Silver was …
Read moreNasdaq Tech Company Aims To Capitalize On Gold’s Bull Run
With gold back on a bull run, it’s not just hedge funds and retail investors buying into the market.
Gold Firmer As Bulls Still Hold Firm Technical Advantage
Global stock markets were mostly firmer overnight as this week has seen a marked increase in investor risk appetite.
Read moreGold Hammered By Risk On Party In Equities Across The Globe
Needless to say, gold prices shrank and silver finally followed big sister’s lead. Gold was down 1.65% and silver about 1.00%. This may be a good thing for gold bulls in the long run as it will provide a more comfortable spot to step on board the train back upward.
Gold Eases Amid Higher Bonds Yields, Equities As Fear Trade Abates
Gold futures were weaker and near the session lows early Tuesday afternoon as demand for safe havens eased and money moved back into global equities, traders said.
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