Beat the Summer Doldrums: Profit From Gold’s Seasonal Low
It’s been a good year for gold investors, with gold futures up about 20% since the start of 2016.
Read moreGold Pushes Above Unchanged as Bargain Hunters Buy the Dip
Gold prices have moved just above unchanged on the daily, in late-morning dealings Friday. Short-term traders took the opportunity to “buy the dip” in prices, as the yellow metal continues to show the resiliency it takes to sustain a price uptrend.
Read moreGold’s ‘One-legged’ Rally Is Cause of Concern – RBC Capital Markets
Despite gold’s impressive run up so far this year, analysts at RBC Capital Markets are concerned by the “one-legged” nature of its rally.
Tune Out The Noise And Listen To The Market
As the chorus of short-term gold sector bearishness grows louder from the long-term bullish camp, the healthy and bullish price action of the miners continues to outwit the pundits and most of the subscription newsletters.
Read moreGold Sells Off After Retail Sales Number But Is Hanging At Support Level
Strong US retail sales lifted the dollar this morning causing further selling in the metals, as the dollar continues to lift against the yen and euro.
Read moreGold Sells Off After Upbeat U.S. Retail Sales Report
Gold prices are weaker in early U.S. trading Friday. Moderate overnight gains were erased in the immediate aftermath of an upbeat U.S. retail sales report.
Read morePipeline Inflation Pressures See Slightly Weaker than Expected Rise In April
(Kitco News) – Sustained higher energy prices helped to boost U.S. pipeline inflation pressure in April, albeit at a slower than expected pace according to the latest data from the Bureau of Labor Statistics.
Read moreU.S. Retail Sales Increase 1.3% in April, Topping Expectations
Retail sales in the U.S. increased by 1.3% during April, the Commerce Department said Friday.
Read moreSierra Metals Records 1Q Loss As Metals Prices, Production Decline
Sierra Metals Inc. (TSWX: SMT) reports a loss in the first quarter as revenue fell due to less output and lower prices.
Read moreThe Gold Vote – No Free Lunch
From the onset of the millennium, gold had a nice run and then it abruptly ended in 2013.
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