Gold Traders Eying Dollar Weakness; U.S. Payrolls On Deck
Gold and silver futures soared to 15-month highs this week as the U.S. dollar came under pressure, so traders will be watching next week to see whether the greenback continues its slide.
Read moreSentiment Remains Strong In Gold As Prices Hit 15-Month High
After hitting a 15-month high, the gold market is ending the week and month with significant momentum, and strong sentiment could point to continued gains next week, according to the latest Kitco News Wall Street Vs. Main Street Gold Survey.
Read moreBrexit Could Impact Fed’s June Rate Decision: Dallas Fed President
Britain’s referendum on whether to remain part of the European Union could impact the Federal Reserve’s monetary-policy decision, according to one regional Federal Reserve president.
Gold at 15-Mo. High, Closing in on $1,300
Gold prices are sharply higher and have scored a 15-month high in late-morning trading Friday. The yellow metal is now nearing the key $1,300 mark. Safe-haven buying is featured amid nervous world stock markets heading into the weekend. Silver prices a…
Read moreMiners Up With Gold; Barrick, Goldcorp Helped By Earnings Beats
Higher gold and silver prices enabled mining stocks to rally sharply during the first four days of this week, with two of the world’s largest producers
Global Central Bank Standoff Has Bullish Gold Implications
April ushered in a global central bank standoff. None of the G3 nations pulled the trigger on a monetary policy shift, which net-net is weighing on the U.S. dollar for now.
Read moreChicago Manufacturing Sector Shows Neutral Growth In April
(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, lost momentum last month, falling to to a reading of 50.4 in April, according to a report released Friday, down from March’s r…
Read moreGold Nears 15-Mth High on Safe-Haven Demand, Technical Buying
Gold prices are sharply higher and are very close to setting a 15-month high in mid-morning trading Friday.
Read moreHillary Clinton Less Likely to Rock the Fed’s Boat: Mark Skousen
This week, we get thoughts from longtime economist and founder of one of the biggest libertarian conferences Freedom Fest, Mark Skousen.
Read moreGold Market: Europe vs. North America?
There is a big dichotomy between North American and European gold markets; however, according to one analyst, there is one key theme that keeps them united: global uncertainty.
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