Latest News

Dennis 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.

Bookmark and Share

Read more
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.

Read more
Gold Solidly Higher, Silver at 22-Mo. High, Heading Into Long U.S. Holiday Weekend

Gold prices are solidly higher in early U.S. trading Friday, on some more safe-haven demand and chart-based buying heading into the U.S. three-day Independence Day holiday weekend.

Read more
INTL FCStone: Gold ‘Resilient’ As Equities Recover From Post-Brexit Tumble

Gold has been largely sideways this week, and the area around $1,296.50 an ounce will be a key chart point for the Comex August futures, says optionsXpress.

Read more
Traders Re-Engage As New Month Rolls In

After the month end squaring, gold again lifts off on the first trading day of July, as macro issues continue to auger for higher gold prices.

Read more
Gold Solidly Up Heading into 3-day U.S. Holiday Weekend

While most world stock markets were firmer in overnight trading, U.S. stock indexes are slightly weaker heading into the open of the New York day session.

Read more
CME Group Hikes Comex Gold Margins Again, Cuts Palladium Margins

CME Group is hiking margins for Comex gold futures for the second time in a week, while the margin for Nymex palladium futures will decline, the exchange operator announced late Thursday.

Read more
UPDATE1: Tokyo stocks edge up in morning after BOE chief signals stimulus

Read more
Gold Constrained by Continuing Reversal of Post Brexit Sentiment

We almost can hear the old-time strains of FDR’s campaign song, “Happy Days Are Here Again,” as investors and traders continue to shrug off the Brexit vote. Whether this is wise can only be known as the future unfolds.

Bookmark and Share

Read more
Gold Bear Turns Bullish; Ups Year-End Forecast by $150

Gold’s start-of-the-year rally wasn’t enough to change one gold bear’s mind. However, given the market uncertainty following the Brexit vote and the higher likelihood of delayed Fed hikes, Barnabas Gan has finally upped his forecast.

Bookmark and Share

Read more