Gold Aiming For $1,350 By Year-End Says Famed Gold Expert
It is amazing how quickly markets can change. Just look at the gold.
Read moreGold Down On Strong Follow-Through Selling As Bulls Are Fading
Gold prices ended the U.S. day session solidly lower Thursday, on follow-through pressure from Wednesday’s losses.
UBS: Gold-Investment Demand Offsetting Soft Physical Market
Investment demand for gold is more than offsetting weakness in the physical market, thereby driving prices higher so far this year, says UBS.
Read moreU.S. Weekly Jobless Claims Fall 13,000 To 253,000
First-time weekly jobless claims in the U.S. fell by 13,000 to a seasonally adjusted 253,000 during the week to Saturday, the Labor Department said Thursday.
First Majestic Posts Record Silver-Equivalent Production During First Quarter
First Majestic Silver Corp. (NYSE: AG; TSX: FR) announces that production in the first quarter from its six operating silver mines hit a record of 5.1 million silver-equivalent ounces
Read moreGold Sees Follow-Through Selling On Rebounding U.S. Dollar
Gold prices are lower again in early U.S. trading Thursday, on follow-through pressure from Wednesday’s losses.
OUNZ Gold ETF Hits $100M Mark, Merk Sees Potential For Stronger Demand
The gold-backed exchange-traded marketplace continues to highlight unparalleled investor demand for the yellow metal.
Read moreGold Sees Follow-Through Selling Pressure Amid Firmer US Dollar
Gold prices are seeing follow-through selling from Wednesday’s Losses. The rebound in the U.S. dollar index the past two days is also a negative for the precious metals markets.
Read moreMixed U.S. Data Produces Stronger Dollar And Weak Gold And Oil
We have our eye on two areas today: the U.S. and China. It is a tale of two economies. One is obviously more mature than another. One sends out reports that often seem fictional in nature yet helps to drive markets.
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