KITCO CONTEST: Where Will Gold Close in April?
Gold prices started the month lower but has since gained momentum. Where could the metal end the first month of this quarter?
Read moreGold Hits 3-Week High Overnight
Gold prices hit a three-week high overnight, following good gains posted Monday.
Read moreSix PM Recap With Gary Wagner: Gold, Other Precious Metals And Oil Making News Today
Gold is up 1.35% and silver is up 3.50%. Platinum higher by 2.25% and palladium is bringing up the rear with a 1.00% gain. Much of the action is chart based, which will be discussed in our video today and in Market Forecast. Oil is strong; equities ar…
Read moreGold, Silver & Oil Rally As U.S. Dollar Sinks
Gold and silver prices posted solid gains Monday, amid bullish “outside markets” that saw the U.S. dollar index lower and crude oil prices higher.
Goldman Sachs Slapped With $5 Billion Fine
In a settlement with the U.S. Justice Department, Goldman Sachs (NYSE: GS) will have to pay $5 billion in penalties for its role in the sale of mortgage-backed securities, which eventually contributed to the 2008 financial crisis.
Read moreGold, Silver Net Length Still High Despite New Short Bets
Despite renewed short bets in gold and silver, hedge funds continue to maintain an extended level of long positions, according to the latest trade data from the Commodity Futures Trading Commission.
Read moreRBC Hikes 2016 Average Gold Forecast To $1,250/oz
RBC Capital Markets has upped its 2016 average gold forecast by 9% to $1,250 an ounce, describing the outlook as positive in the second half of the year due to a more dovish posture from the U.S. Federal Open Market Committee, declining real interest r…
Read morePMs Technical Outlook Remains Positive – Capital Economics
The precious metals complex gains momentum Monday, and analysts from one UK-based research firm say this trend is likely to continue.
Read moreEndeavour Begins Construction Of Hounde Project In Burkina Faso
Endeavour Mining’s (TSX: EDV) promising 90%-owned Hounde project in Burkina Faso has entered the construction phase after approval from its board of directors, the company reported Monday.
Kitco Technical: Gold Bulls Seize Control, 4 Bullish Chart Factors
Gold prices shot higher to start the week as renewed weakness in the U.S. dollar gave gold bulls fresh upside momentum.
Read more