Gold Lower On Follow-Through Selling and Profit Taking
Gold prices ended the U.S. day session modestly lower Tuesday, on some follow-through selling from the shorter-term futures traders, after the solid losses seen Monday.
Read moreGold’s Rally Could Come To An End – Natixis’ Dahdah
Gold could continue to perform well this year as the Federal Reserve pushes back the timing of its next interest rate hike; however, 2017 could be disappointing for investors, according to the latest report from Natixis.
Read moreGold Moderately Lower In Late-Morning Trading
Gold prices have modestly extended mild early losses in late-morning dealings Tuesday.
Read moreHSBC: ‘Central Banks Will Continue To Diversify Modestly Into Gold’
HSBC looks for central-bank purchases of gold to accelerate this year. The bank cites data from the World Gold Council showing first-quarter official-sector buying absorbed 45 tonnes.
Read moreGold Steady-Weak As Market Pauses
Gold prices are unchanged to slightly lower in early U.S. trading Tuesday.
Read moreThe Bond Market is a Fed Tightening Red Light
The year 2016 so far – gold has rallied, stock market volatility has increased and the US dollar has declined along with bond yields as US economic growth appears to be slowing.
Read moreFortuna Silver Mines Reports Slightly Smaller First-Quarter Profit
Fortuna Silver Mines Ltd. (TSX: FVI) lists first-quarter net income of $2.6 million, or 2 cents per share, down from $3.9 million, or 3 cents, in the same period of 2015.
Read moreGold Near Steady As Market Pauses
World equities markets were mostly firmer in uneventful overnight trading.
Read moreTrump May Be Right on the Dollar; Could Help Gold – Dundee Economics
It has really been a U.S. dollar story when trying to explain gold’s recent fluctuations. However, despite the pullback Monday, one economist remains bullish on the metal and thinks the Donald might just help.
Gold Sharply Down On Profit Taking, Bearish Outside Markets
Gold prices ended the U.S. day session sharply lower Monday, pressured by profit taking from recent gains, by weak long liquidation in the futures market, and by better risk appetite in the general marketplace to start the trading week. June Comex gold…
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