Gold Market Ignoring Hawkish Comments From Voting Fed Member
Gold prices appear to be shaking off hawkish comments from Boston Fed President Eric Rosengren
Read morePaul Ryan Encouraged With Donald Trump But Fails to Give His Endorsement
There are encouraging signs of unification within the Republican Party.
Read more‘No one Understands Gold’ – OCBC Ups Outlook
How does gold still have stamina? This is the question one economist is asking himself after recently making adjustments to his forecast for the yellow metal.
Read moreGold Slips in Late-Morning Trading
Gold prices in late-morning trading Thursday have backed down from the brief, modest gains that were scored in the aftermath of a significantly downbeat U.S. jobless claims report issued earlier.
BMO Looks For Gold To Hit $1,400/Oz, Silver Near $21
BMO Capital Markets has joined other banks in upping price forecasts, calling for gold to exit the year around $1,400 an ounce and silver around $21.
Read moreThese Key Gold Bearish Factors have not Reversed, Yet
With gold under pressure this morning on the back of stronger stock markets, the strengthening US dollar and up-tick in US bond yields some focus on the primary US dollar gold price pressure factors is warranted.
Read moreGold Pushes Above Unchanged As Downbeat Jobless Claims Data Dents U.S. Dollar
Gold prices have moved to modestly higher levels in mid-morning dealings Thursday, after trading moderately lower in overnight action.
Read moreGoldcorp Agrees To Acquire Kaminak Gold Corp, Add Coffee Gold Project
Goldcorp Inc. (TSX: G, NYSE: GG) has agreed to acquire Kaminak Gold Corp. (TSXV: KAM) for approximately C$520 million in an all-stock transaction, the companies announced Thursday.
Read moreWeekly Jobless Claims Jump To Highest Level Since February
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 20,000 to a seasonally adjusted 294,000 during the week to Saturday, the Labor Department said Thursday.
Gold Weaker, Pressured By Firmer U.S. Dollar Index
Gold prices are moderately lower in early U.S. trading Thursday.
Read more