Gold Near Steady As World Stock Markets Rally
Risk-appetite in the world marketplace is on the upswing to start the trading week. Global stock markets were higher overnight, led by Japan’s Nikkei, which rallied by 4% for the biggest daily gain since March.
Read moreDollar in upper 100 yen in early Tokyo trade
Read moreTokyo stocks rise on firm U.S. data, big ruling party victory
Read moreGold Rises In Face Of Impressive Jobs Report
The big news today in trading, of course, is the jobs report from the U.S. Department of Labor.
June’s huge jobs number beat predictions with a stick. It was surprising, given May’s disappointing data. The U.S. economy added 287,000 non-farm payrolls…
“I’m Not Selling Gold” Says Gundlach
Remember when gold hit a fresh two-year high this week as market uncertainty and European Union turmoil prevailed?
Read moreForget June’s Jobs Gold Investors, Watch Bond Yields – Analysts
You can’t keep a good market down, or at least not for long, seems to be the sentiment among commodity analysts, describing the price action in the gold market following June’s better–than-expected employment report.
Read moreWall St, Main St Stay Bullish As Gold Recovers After Jobs Data
There’s an old adage that says a market is in bull mode when it remains strong even in the face of bearish news, and vice-versa.
Read moreA Gift for Gold
We suggested the likelihood of a strong number, but the number was much higher than anyone guessed at 287,000.
Read moreA World Gripped By Fear And Crisis: A Tipping Point For Gold
July 8 – The world is lurching from crisis to crisis and that appears unlikely to change anytime soon.
Read moreWhy This Aussie Firm Says Gold to ‘Certainly’ Hit $1,500, Maybe Even $1,900
Another bullish call on gold. Surprise, surprise. But, this Sydney-based firm sees the potential of a $200-500 rally in gold because of what’s happening in Asia.
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