Gold Pressured By Less Risk Aversion, Firmer U.S. Dollar
Gold prices are weaker in early U.S. trading, as a strengthening U.S. dollar index recently is bearish for the precious metals.
Read moreUnlikely Apple, Google Will Enter The Auto Market – Carlos Ghosn
(Kitco News) – Are rumors true that Apple and Google are entering the auto market? Is the electric car dead once again?
Read moreU.S. Economy Expanded By 1.4% In Q4, 2.4% For All Of 2015
(Kitco News) – The U.S. economy growth in the fourth quarter of 2015 was slightly stronger than expected, according to the latest data from the Commerce Department.
Read moreThe 6PM Recap With Gary Wagner: The Fed’s Loose Lips Helping To Swamp Economic Ship
James Bullard, had of the ST. Louis Federal Reserve Bank and a voting member of the Federal Open Market Committee felt a compulsion to comment on the decisions that he agreed with just last week. Correct us if we’re wrong, but it seems that this contradictory posturing by many Fed presidents, voting and non-voting, is cause for alarm because it creates volatility born of second-guessing.
Gold’s Support Levels Key Ahead of Nonfarm Data – Analysts
With gold hitting a four-week low at the end of a volatile week, market participants will be watching if key support, at $1,200 an ounce, will be tested in the near-term.
Read moreCan Gold Spring Back?
Gold prices were modestly lower ahead of the Easter weekend after managing to hit a four-week low overnight.
Read moreGold Hits 4-Week Low, On Technical Selling, Bearish Outside Mkts
Gold prices ended the U.S. day session modestly weaker Thursday and hit a four-week low. Follow-through technical selling pressure was featured after strong losses posted Wednesday.
Read moreMain St. Less Confident On Gold, Analysts Outright Bearish
After rallying as high as 21% since the start of the year, gold prices have fallen back and expectations for further gains are substantially lower, according to the results of this week’s Kitco News Wall Street vs. Main Street Gold Survey.
Optionality Plays For The Patient Precious Metals Investor
It is my belief that the worst precious metal miner bear market in 90 years has ended.
Read moreFederal Reserve Rains On Gold Stocks’ Parade
Comments from Federal Reserve officials not only rained on gold’s parade this week but also threw cold water on the red-hot rally in gold- and silver-mining stocks so far in 2016.