Gold Gives Back Some Gains On Dollar Strength
It has been our contention that gold, rather than functioning recently as only a safe haven or store of value, has been operating as a growth investment. Granted, it may be in a limited scope but that is what’s happening.
Gold Sees Corrective, Profit-Taking Pullback From Recent Gains
Gold prices ended the U.S. day session modestly lower on some mild profit taking after hitting a 27-month high Wednesday.
Read moreGold & Silver To Be Last Currencies Standing – Peter Boockvar
The pervasive bullish sentiment towards gold continues as prices maintain solid gains and has one Wall Streeter saying the secular bull market is back in full force.
Read moreFirst Gold…Now UBS Upgrades Silver Price Forecast
A day after increasing its gold forecast for 2016 and saying the market has entered the early stage of its next bull run, Swiss bank UBS is at it again, increasing its silver forecast more than 4%.
Read moreSandstorm Sells 12,500 Gold-Equivalent Ounces In Second Quarter
Gold-streaming and royalty company Sandstorm Gold Ltd. (NYSE MKT: SAND; TSX: SSL) announces that the company sold approximately 12,500 gold-equivalent ounces during the second quarter.
Read moreCME Group Names Young-Jin Chang As Global Head of Metals
Young-Jin Chang has been appointed as global head of metals products for CME Group, the exchange operator announced late Wednesday.
Read moreGold Holding Steady As World Stock Markets Stabilize
World stock markets stabilized Thursday, following a dovishly perceived FOMC minutes report released Wednesday afternoon.
Read moreGold Slightly Lower As World Stock Markets Stabilize
Gold prices are slightly lower on some mild profit taking after hitting a 27-month high Wednesday. World stock and financial markets have stabilized Thursday, following anxiety that was present this week.
Read moreGold Unfazed After Weekly Jobless Claims Drop To 254K
(Kitco News) – Gold prices are relatively unchanged, trading in slightly negative territory after first-time weekly jobless claims in the U.S. fell 16,000 to a seasonally adjusted 254,000 during the week to Saturday, according to data from Labor Depar…
Read moreCommerzbank: U.S. Mint Sales Of Gold Coins Ahead Of 2015 Pace
Sales of American Eagle gold coins by the U.S. Mint during the first six months of 2016 are far ahead of the pace from the same portion of 2015, points out Commerzbank.
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