The Unsustainable Trend Holding Back Gold
The marketplace views the default risks and inflation prospects of South Korea and the US as about the same. South Korean 10yr notes currently yield near 1.65% compared to about 1.67% in the US.
Read moreU.S. Weekly Jobless Claims Fall To 264K
Kitco News reports on U.S. weekly jobless claims for the week ending June 3
Read moreGold Near Steady On Chart Consolidation From Recent Gains
Gold prices are trading near steady levels in early U.S. dealings Thursday, on some backing and filling on the charts after prices hit a three-week high overnight.
Read moreMetals Stronger But Now Awaiting Confirmation on Fed Policy and Brexit
Metals continue to benefit from the morbid jobs report last week that froze the perception of a Fed rate increase next week despite Janet Yellen’s comments that interest rates are likely to increase in coming months.
Triland: Reduction In Gold Net Length ‘Could Pave The Way For A New Bull Run’
A reduction in bullish positioning by speculators in gold futures may well set the stage for a new leg higher, says Triland Metals
Read moreGold Near Steady After Hitting 3-Week High Overnight
China got some downbeat data on price inflation Thursday.
Read moreGold Charges Strong Out of the Starting Gate
We are not looking at safe haven plays today, surely, but rather at a general sense that gold and silver have been trading too low for too long and now are fulfilling their potential as strong investments with the upside looking very positive.
Read moreSilver Sees Best Session In Eight Weeks; Now What?
The silver market ended Wednesday with its biggest one-day gain since April 19 as analysts say the grey metal is playing catch up with the gold market.
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 moreGold Ends Solidly Up, at 3-Wk. High, On Bullish Outside Markets
Gold ended the U.S. day session solidly higher and scored a three-week high Wednesday.
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