Where Does Silver Go After Hitting Two-Year High?
(Kitco News) – Silvers is gaining major market attention Monday as prices rallied to a two-year high overnight but analyst are mixed as to whether or not prices will continue to post impressive gains.
Read moreHappy July 4th
Silver, after opening in the $19.90 range, after the weekend shot up through the $21 handle before easing back. Is this the break-out?
Read moreGold Runs Up On More Brexit Ramifications and Dovish Fed
The repercussions from Brexit are far from over. The Bank of England is looking at another round of quantitative easing that may go as high as £250 million (about $330 million). That freer and easier money makes almost any investment attractive, in Great Britain as well as globally.
Silver’s On Fire…But For How Long?
Silver bulls are on a roll this week, with prices hitting another 22-month high near the $20 level. However, given the metal’s volatile nature, investors are concerned as to how much longer this rally could last.
Gold To Take Cue From Central Banks, Payrolls, Technical Charts
Central-bank expectations, U.S. nonfarm payrolls, Brexit and technical-chart momentum will be factors on the collective radars of traders next week as they decide whether to push gold still higher.
Read moreSURVEY SAYS…Gold To Hold Onto Brexit Gains Next Week
Gold prices continue to hold onto Brexit gains, which has a majority of market professionals and investors expecting the uptrend to spill over into next week, according to Kitco News’ latest Wall Street vs. Main Street Gold Survey results.
ISM: U.S. Manufacturing Index Rises To 53.2% In June
The Institute for Supply Management said Friday that its headline manufacturing index climbed to 53.2% in June from 51.3% in May.
Read moreDon’t Trade Gold Today Without Reading This First
Successful traders know when to trade. And they also when to stand aside and sit on their hands. Sometimes the best trades are no trades at all.
Read moreDennis Gartman Sits Tight On Gold
Famed economist Dennis Gartman says he sees “absolutely” no reason to change his thoughts on the yellow metal, which was headed for its fifth weekly gain on Friday.
SocGen Ups Gold Forecast; ‘Dips Should Prompt Steady Buying Interest’
Societe Generale looks for gold to remain well supported in the aftermath of the U.K. Brexit vote to leave the European Union and as a result has revised its gold and silver forecasts higher.
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