Gold Rockets To 2-Year High On Brexit And General Uncertainty
We may be seeing the British pound heading for parity. Perhaps it will be propped up. Perhaps it will finally rest where it belongs as Great Britain assumes its place as an economy in 10th or 12th place in the world ranking.
We do know that a lot of …
Gold Up, Hits 27-Mo. High, On Safe-Haven Demand; FOMC Minutes A Non-Event
Gold prices ended the U.S. day session higher and hit a 27-month high Wednesday, on more safe-haven demand as risk appetite in the marketplace is on the downswing, post-Brexit vote.
Read moreGold Price To See $300 Drop? This Guy Thinks So
Gold is headed back to $1,050, according to Wells Fargo’s head of real asset strategy, John LaForge.
Gold Prices Unchanged Following June Fed Minutes
Kitco News coveres the minutes of the June Federal Open Market Committee meeting
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreRBC Analyst Calling For Correction In Gold Prices
(Kitco News) – As gold trades near its highest level in more than two years, one analyst is warning investors to not chase the market, as he expects to see a correction in the near-term.
Read moreGlobal ETFs Post Largest Daily Gold Inflows Since 2009
Holdings of gold by exchange-traded funds around the world have continued to soar on safe-haven demand and amid a low interest-rate environment, with Commerzbank reporting that ETFs posted their largest single-day inflow on Tuesday since November 2009.
Read moreGold Prices Lose Ground Following Strong ISM Non Manufacturing Data
Kitco News reports on U.S. ISM non-manufacturing PMI data for June.
Read moreStocks Slide Again as Brexit Pulls Crude Oil Lower
Stocks endured another slide on Wednesday as Brexit fears pulled crude oil lower.
Read moreThese 4 Banks Are Bumping Their Gold Forecasts
Sentiment in the gold market is growing by leaps and bounds, with international banks increasing their forecasts Wednesday as prices rose to a new two-year high overnight.
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