Oil Falls But Equities Push Higher As Fed Figures
The Dow and the S&P 500 both rose by half a percent today with the NASDAQ lagging at +0.30% on the session.
Gold Ends Near Steady After Giving Up Modest Early Gains
Gold prices ended the U.S. day session near unchanged levels Monday. Some early safe-haven demand gave way to some selling pressure tied to a mild rally in the U.S. stock indexes.
Read moreQ2 Could Help Gold; But Metal Still Ending Year at $1,100/oz – Forecaster
One known forecaster remains bearish on gold, even if he expects this quarter to be a little more exciting for the metal.
Read moreCiti: Risk Aversion To Support Gold Prices In 2Q Before Tapering In 2H
Citi Research looks for gold to remain underpinned in the current quarter but cautions that strength could abate later in the year.
Read moreTechnical Trading: Gold Bulls Bide Their Time In Triangle
Gold prices popped higher early Monday morning following news that a meeting among major producing oil nations fell apart without an expected output freeze.
Read moreBullish Gold, Silver Bets Continue To Surge; Price Correction Looming?
Money managers have upped their collective bullish position in gold futures to the highest level in four years, based on weekly positioning data from the Commodity Futures Trading Commission.
Read moreGold Loses Its Modest Gains As U.S. Stocks Move Higher
Gold prices are trading near steady in mid-morning dealings Monday.
Read morePrimero Lowers 2016 Guidance After First-Quarter Production
Primero Mining Corp. (TSX: P; NYSE: PPP) has reduced its guidance for 2016 after first-quarter output fell below expectations during the implementation of safety measures
Read moreNo Oil Deal But No Surprise
Oil producers failed to come to an agreement over a production freeze on the weekend.
Read moreGold Firmer On Some Safe-Haven Demand After Failed Oil Meeting
Gold prices are moderately higher in early U.S. trading Monday, on some safe-haven demand and on a corrective bounce after recent selling pressure.
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