After $1,400, Gold Will Spike to $2,000 – Trend Forecaster
Holdings of gold by exchange-traded funds keep rising, while platinum continues to exit from ETFs, says Commerzbank. Global ETF gold holdings rose another 5.6 tonnes Tuesday, their fourth straight daily inflow.
Read moreGold And Silver Up As Charts, Outside Markets Bullish
Gold prices are modestly higher in early U.S. trading Wednesday, on technically related buying as the bulls remain in firm near-term control of the charts.
Read moreGold Firmer As Bulls Remain In Technical Control
Global stock markets were mostly higher overnight and U.S.
Read moreSlight 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.
Read more2 Explosions Rock Istanbul Airport, Multiple People Injured
A Turkish official says two explosions have rocked Istanbul’s Ataturk airport, wounding multiple people.
Read moreExplosions hit Turkey’s largest airport, Istanbul Ataturk: Media reports
Read moreU.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?
Read moreHas 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.
Read moreGold 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.
Read more‘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.
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