Bullish Gold Positioning Nudges Slightly Higher – CFTC Data
Large speculators pushed their heavily bullish position in gold futures slightly higher in the most recent weekly positioning data released by the Commodity Futures Trading Commission.
Read moreWarning: Don’t Use Your Trend Strategies On Gold Now
A spate of hawkish comments from Federal Reserve officials pressured gold prices lower in early trading. In the short-term, gold bears remain in control of the trading action.
Read moreMetals Are Completely Focused On the Dollar
Metals continue to be influenced by the trading range of the dollar.
Read moreCiti: Gold Could Return To December Lows If Dollar Index Reclaims December Highs
Gold has benefited from the softer U.S. dollar so far in 2016, which in turn means the yellow metal could go right back where it was if the greenback keeps building on its recent gains, says Citi Research.
Read moreGold Vs Palladium – Another Warning?
Palladium is the most industrial of the precious metals, gold is the least.
Read moreGold Weaker; Fresh Bullish News Needed
Gold prices are modestly lower in early U.S. trading Monday. The bulls have faded a bit recently and need a fresh dose of bullish fundamental news to jolt the market out of its malaise.
Read moreGold Sees Some Selling Pressure To Start The Trading Week
Gold prices are under modest selling pressure to start The trading week.
Read moreFed Meeting Minutes Provides a Buying Opportunity
Long suffering gold sector bulls have just been given a gift by the Federal Reserve as the minutes released from the April meeting have provided a hawkish tone to the ongoing interest rate saga.
Read moreOk, So Maybe The Fed Is Serious….
Just when most discounted the possibility of a Fed rate hike in June — the central bank threw a curve ball on Wednesday.
Read more4 Factors That Will Drive Gold Prices Next Week
Investors turned their back on gold this week amid heightened speculation that central bankers will pull the trigger on a rate hike at the June 14-15 Federal Reserve meeting.
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