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Gold Firmer As Bulls Remain In Technical Control

Global stock markets were mostly higher overnight and U.S.

Slight Risk On Sentiment and Profit Taking Dent Gold for Now

The U.S. dollar drooped against the British pound and the euro today as the currency market took a breather, engaging in some profit-taking after just two days of a brutal selloff in sterling and the euro sparked by the Brexit “yea” vote.

2 Explosions Rock Istanbul Airport, Multiple People Injured

A Turkish official says two explosions have rocked Istanbul’s Ataturk airport, wounding multiple people.

Explosions hit Turkey’s largest airport, Istanbul Ataturk: Media reports

U.S. Rate Cuts: The Next Market Surprise Post-Brexit? – Analysts

Could the next surprise market event come from the Federal Reserve as expectations have shifted 180 degrees, now with the possibility of a rate cut as early as this summer?

Has The Last Gold Bear Left The Woods?

(Kitco News) – Britain’s vote to leave the European Union has increased demand for safe-haven assets, prompting one previously major bearish bank to boost its outlook on gold for the year.

Gold Price Weaker As International Waters Calm – For Now

There was much less risk aversion in the world marketplace Tuesday, following two sessions of very rough trading waters.

‘In Gold We Trust’ Report Forecasts $2,300/Oz By June 2018

Incrementum AG is still sticking with its $2,300-an-ounce longer-term forecast for gold, calling for this to be hit in the next two years.

Brexit Panic Helps Gold But Rising Dollar Hampers Huge Gain

The hurricane winds created by the “Leave” vote in Great Britain regarding the European Union continue to buffet world markets.
Gold rose into the 1330s overnight but has since dropped back on profit taking and sentiment that the rally in the yellow metal can’t last.

Gold Sees More Selling Pressure Following Strong Consumer Confidence Data

(Kitco News) – Selling pressure in the gold market picked up slightly more momentum Tuesday morning as U.S. consumer confidence showed a strong improvement in June, according to the latest data from the U.S. Conference Board.