Main Street, Wall Street Divided Again In Weekly Kitco Gold Survey
Retail investors and market professionals continued to hold opposing views on the direction of gold over the next week, according to the Kitco News Wall Street vs. Main Street weekly gold survey.
Read moreGold Still Has Potential Despite Risks Of June Rate Hike – Capital Economics
Although minutes of the April Federal Open Market Committee monetary policy meeting shocked markets this week by increasing the probability of a June rate hike, one U.K.-based research firm believes that this will have a limited impact on the gold market.
Read moreU.S. Existing Home Sales Rise 1.7% In April
(Kitco News) – The U.S. housing market continues to find momentum as the pace of existing home sales increased in April, according to the latest data from the National Association of Realtors (NAR).
Read moreTrump To Boost Gold; Clinton Won’t Challenge The Fed – Murenbeeld
GOP presumptive nominee Donald Trump is just laying back while watching both Democratic candidates campaigning their way to the convention to secure their nomination.
Read moreWill the Consensus Win or Eventually Shift?
Against the consensus investments have been among the best performing recently.
Read moreGold Stabilizes After Recent Sell-Off
Gold prices are slightly higher and have at least temporarily stabilized following the selling pressure Wednesday and Thursday that pushed prices to a three-week low.
Read moreFed May Delay Hikes Post-Brexit Referendum; Expect Gold Volatility Next Week – RBC’s Gero
Continued fear is pushing investors away from gold, especially after the release of the minutes of the latest Federal Open Market Committee meeting that suggest the central bank may raise rates in June.
Read moreGold Stabilizes After Recent Strong Selling Pressure
Gold prices are near steady in early U.S. trading, following Strong selling pressure experienced the past couple days.
Read moreGold Sinks to 3-Week Low in Aftermath of Hawkish FOMC Minutes
Gold prices ended the U.S. day session solidly lower and scored a three-week low Thursday, on follow-through selling pressure in the wake of bearish FOMC minutes that were released Wednesday afternoon.
Read moreShould Gold Traders Care If The Fed Hikes In June? No, Here’s Why
May 19 – Markets don’t go in a straight line up or down. There are squiggles, pauses, rips and dips in trends.
