Brexit Vote Would Devalue Pound, Boost Inflation Says UK Think Tank
With the Brexit vote just a little over one month way, on a UK–based think tank warns voters that an exit from the European Union would lead to a weaker currency, higher inflation and lower economic growth.
It Works Eh! Canadian Junior Miner Raises 400K From Crowdfunding
(Kitco News) – Although the mining sector is a little late to the crowdfunding party, Canadian investors appear to be slowly embracing the new innovative funding concept as one Quebec junior mining company has been able to raise more than $400,000 in …
Read moreFed Dudley’s Comments On Dollar Could Be Good For Gold: Rickards
Recent comments on reserve currencies from the Federal Reserves’ second in command may actually be good for gold, this according to best-selling author of Currency Wars Jim Rickards.
Enough About Brexit, Britain Just Found Its Largest Gold Nugget
The UK has just found its largest gold nugget, worth roughly £50,000.
Sprott CEO: I’m a Pragmatic Gold Bug
John Wilson, CEO of Sprott Asset Management joins Bloomberg TV Canada’s Pamela Ritchie to discuss risks in the global markets and why that is bullish for gold prices. (Source: Bloomberg)
Read moreGold Lower On Follow-Through Selling and Profit Taking
Gold prices ended the U.S. day session modestly lower Tuesday, on some follow-through selling from the shorter-term futures traders, after the solid losses seen Monday.
Read moreGold’s Rally Could Come To An End – Natixis’ Dahdah
Gold could continue to perform well this year as the Federal Reserve pushes back the timing of its next interest rate hike; however, 2017 could be disappointing for investors, according to the latest report from Natixis.
Read moreGold Moderately Lower In Late-Morning Trading
Gold prices have modestly extended mild early losses in late-morning dealings Tuesday.
Read moreHSBC: ‘Central Banks Will Continue To Diversify Modestly Into Gold’
HSBC looks for central-bank purchases of gold to accelerate this year. The bank cites data from the World Gold Council showing first-quarter official-sector buying absorbed 45 tonnes.
Read moreGold Steady-Weak As Market Pauses
Gold prices are unchanged to slightly lower in early U.S. trading Tuesday.
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