Gold To Climb To $1,350 In Q1 Of 2017: Credit Suisse
Credit Suiise has upped its gold and silver forecasts, looking for gold to climb to $1,350 an ounce in the first quarter of 2017.
Read moreGold Close Above $1,240 Would Be “Impressive” – Gartman
Gold is seeing strong support at the $1210-$1215 an ounce level says newsletter writer Dennis Gartman.
Read moreSilver Wheaton Closes $550 Million Bought-Deal Share Financing
Streaming company Silver Wheaton Corp. (NYSE, TSX: SLW) says it has closed its previously announced bought-deal common share financing. Some 33.1 million shares of Silver Wheaton were sold at a price of $16.60 per share for gross proceeds of approximat…
Read moreU.S. Weekly Jobless Claims Fall By 9K
(Kitco News) – First-time weekly jobless claims in the U.S. fell by 9,000 to a seasonally adjusted 267,000 during the week to Saturday, the Labor Department said Thursday.
Read moreGold Sees Safe-Haven Demand on European Union Worries
A feature in the world marketplace Thursday is the rally in the gold market.
Read moreGold Solidly Up On Fresh Safe-Haven Demand
A feature in the marketplace Thursday is a solid rally in the gold market.
Read moreOnly Gold Wins In A Currency War – Johns Hopkins Economist
Gold could continue to be the investment of choice in the global currency market as nations race to the bottom to devalue their money, a move that one economist thinks is a bad idea.
Read moreEven If Gold Falls Another $83, Bullish Uptrend Is Still In Place: Analyst
Although gold prices are holding on to most of its gains since the start of the year, up more than 15% year-to-date, the rally could be running out of momentum, notes one analyst.
Read moreChinese Yuan To Weaken Against Dollar, Gold Could Suffer – Capital Economics
The Chinese renminbi, also known as the yuan, will continue to slide in relation to the U.S. dollar, but not because of strong devaluation efforts by Chinese officials, but rather due to a steady rise in the greenback, suggest analysts from one U.K.-ba…
Read moreGold Retreats Amid Risk-On Day; FOMC Minutes A Non-Event
Safe-haven gold prices ended the U.S. day session moderately lower Wednesday. There was less risk aversion in the marketplace on this day, which kept the yellow metal bulls on the defensive.
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