Free Cash: Will Helicopter Money Be Falling From A Sky Near You?
June 17 –Global money managers whipped funds around this week, sending German bond yields into negative territory for the first time ever. Gold prices surged to a three-year high and U.S. stocks tumbled, but then reversed.
Gold Prices Ignore In Line U.S. Housing Starts and Building Permits Data
(Kitco News) – Gold prices are shrugging off in line housing market data, as the market continues to recovery from Thursday’s late afternoon selloff.
Walsh’s Lusk: Traders To Buy Into Price Pullbacks In Gold
Sean Lusk, director of commercial hedging Walsh Trading, looks for market participants to use price dips in the gold market as a buying opportunity.
Read moreGold Back Below $1,300 After Scoring 2-Yr. High Thursday; Bulls Remain Technically Strong
Gold prices are moderately lower in the futures market and firmer in the cash market in early U.S. trading Friday.
Read moreGold Sell Off Was Likely Just Profit Taking
Gold encountered heavy selling yesterday, dropping some $25 before support at $1,278 took hold. The drop was greeted with heavy buying in Asia and we find ourselves this morning floating around the $1,290 area.
Read moreGold backs down from 2-year high scored Thursday
Gold prices hit a two-year high on Thursday but then quickly backed down from the sharp gains that saw August futures hit an intra-day high of $1,318.90 an ounce.
Read moreGold And Oil And Equities Go On Wild Rides
It’s hard to believe that the CMOE’s VIX volatility index rose only 1.20% today and fell dramatically yesterday by over 7.00%.
If anything characterizes todays movements in almost all markets, it is inarguably volatility.
Gold Price Drops Below $1,300 On Rumors Brexit Vote Will Be Postponed
(Kitco News) -Gold futures are selling off Thursday afternoon, due to rumors that the Brexit Referendum vote could be postponed after the death of a high-level politician.
Read moreGold Surges To 2-Yr. High Above $1,315, But Then Backs Well Off Daily High as U.S. Equities Recover
The gold market early Thursday pushed to a two-year high of $1,316.80 an ounce, basis August Comex futures.
Read moreGold Could Even Go To $1,400; Here’s Why – Jim Wyckoff
Gold’s momentum continues following Wednesday’s Federal Reserve meeting, and one senior technical analysts says the metal has potential to break through more upside targets.