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Gold Down On Profit-Taking, Bearish Outside Markets, But Silver Powers To 21-Mo. High

Safe-haven gold prices ended the U.S. day session moderately lower Thursday. It was another “risk-on” day in the world market place.

Credit Suisse Sees $1,500/Oz Gold By Early 2017

Credit Suisse is forecasting that gold will hit $1,500 an ounce by the early part of next year on prolonged macroeconomic uncertainty.

Newmont Agrees To Sell Indonesian Gold Mine For $920 Million

Newmont Mining Corp. (NYSE: NEM) has agreed to sell its 48.5% interest in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional for $1.3 billion, Newmont reported Thursday.

Judge Dismisses Silver-Rigging Lawsuits Against JP Morgan

A U.S. district court judge has dismissed three private lawsuits accusing JP Morgan Chase & Co. of rigging the market in Comex silver futures, according to a Reuters report.

U.S. Weekly Jobless Claims Rise 10,000 To 268,000

U.S. Weekly Jobless Claims Rise 10,000 To 268,000

Gold Weaker As Risk Appetite Remains On Upswing

Safe-haven gold prices are moderately lower in early U.S. trading Thursday. It’s another “risk-on” day in the world market place. Global stock markets were mostly higher overnight.

LBMA Officially Extends Scope To Platinum & Palladium

Following the London Bullion Market Association general meeting held Wednesday, members of the metals-focused organization decided by an “overwhelming majority” on several changes, including extending its scope into the platinum and palladium markets.

Gold Pressured by Risk-on Attitudes in World Marketplace

It’s another “risk-on” day in the world market place Thursday. Global stock markets were mostly higher overnight and U.S. stock indexes are set to open higher when the New York day session begins.

Market Recap: Silver, Oil Strong, Brexit Never Happened

Gold Revives Along with Many Other Investments

As much as we want the world economy to strengthen and for everybody to make lots of money, we think the Brexit fallout effect is not over with. Right now, at the very least the economy of Great Britain is in the midst of a major economic problem with…