The World Listens As The Brits Speak
There is not a lot more to say about today’s British vote. A snapshot of the global markets suggests that the “stay” vote will succeed, but until the levers are pulled and the votes counted, expect a volatile day. What makes trading problematic is the fact that we may not hear the results until 3 a.m.
Gold Hits 2-Week Low Amid Risk-On Attitudes
Gold prices are lower and hit a two-week low today as it’s another “risk-on” day in the marketplace Thursday, the day of the highly anticipated Brexit vote.
Read moreGold Awaits Brexit Vote Along with Other Markets
The financial world is feeling the pain of the kids in the backseat as it applies to the vote in Britain concerning a possible exit from the European Union. Thank goodness we’re almost there.
Gold Ends Slightly Lower; Brexit Vote On Deck
Gold prices ended the U.S. day session slightly lower Wednesday and notched a two-week low overnight.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreYellen: Unlikely The Fed Would Lose As It Unwinds Balance Sheet
Fed Chair Janet Yellen is pushing back on the idea that the Fed will lose money as the central bank unwinds its $4.5 trillion balance sheet.
Read moreU.K. Gold Imports Dominate Swiss Trade Data For Third Consecutive Month
The latest trade data from Switzerland demonstrates just how much the Brexit uncertainty has weighted on British consumers.
Read moreGold Prices Fall, Reacting To 1.8% Rise U.S. Existing Home Sales For May
Kitco News reports on U.S. existing home sales data for May
Read moreRoyal Gold Announces Voluntary Delisting From Toronto Stock Exchange
oyal Gold, Inc. (Nasdaq: RGLD; TSX: RGL) reports that it has applied to voluntarily delist its common stock from the Toronto Stock Exchange.
Read moreBrexit Won’t Define Gold’s Long-Term Trend — Fund Manager
U.K.’s Brexit referendum is dominating newswires with its impact on financial markets, but one gold fund manager is recommending investors look past the near-term volatility and focus on the precious metal, longer-term.