Gold Lower As Risk Appetite On The Upswing Early This Week
Gold prices are solidly lower in early U.S. trading Tuesday, as “risk-on” trader and investor attitudes are dominating the marketplace so far this week.
HSBC: Gold May React ‘Vigorously’ To Polls Ahead Of U.K. Referendum
Gold may respond “vigorously” this week to any perceived changes in how U.K. citizens may vote Thursday in a referendum on whether to leave the European Union, says HSBC.
Read moreSometimes It Is Better To be On The Sidelines
Volatility accelerates as the British vote draws near. It appears that the likelihood of the outcome will be a victory by the “remain” vote.
Gold Lower On Better Risk Appetite
In focus today will be Federal Reserve Chair Janet Yellen’s testimony on the economy and monetary policy before the U.S.
Senate Banking Committee.
Brexit Vote Leans Stay And Gold Gets Hit By Risk On Sentiment
It made no difference that a weakening U.S. dollar against the euro lent some serious upside movement to gold. In the end, traders were selling, selling, selling and that has dragged gold down.
Read moreFlash Boys Trader Gets SEC Approval To Create HFT-free Exchange
In our ever-expanding fast-paced world, a new equities exchange is making headlines Monday as it slows things down.
Read moreGold’s Spec Interest Near Historic Levels Ahead Of Brexit Vote – CFTC
Hedge funds and money managers dove into gold, pushing speculative interest to historical highs once again as fears of a Brexit and expectations of a dovish Federal Reserve gripped markets, according to the latest trade data from the U.S. Commodity Fut…
Read moreGold Backs Off On Profit Taking, But Bullish “Outside Markets” Limit the Downside
Gold prices ended the U.S. day session moderately lower Monday, as investor risk appetite has up-ticked to start the trading week.
Read moreKinross Temporarily Suspends Mining, Processing At Tasiast Mine
Kinross Gold (TSX: K; NYSE: KGC) says that mining and processing operations at its Tasiast mine in Mauritania have been temporarily suspended.
Read moreSterling Surging Against Gold, But Market Is Well Supported Ahead Of Brexit Vote
Uncertainty ahead of Thursday’s Brexit referendum continues to keep gold well supported, especially against sterling, despite the currency’s surge in global markets.