Why You Should Still Hold On To Gold: Market Expert
NEW YORK (Kitco News) – Despite the pullback in gold prices, one market veteran says it is still not time to cash in your gold bets just yet.
Why This Is Silver’s Best Bottom In Years – Veteran Trader
The first trading day of the spring could signal a shift in the precious metals market as silver has managed to outperform gold.
Read moreIHS Sees Slim Presidential Victory For Clinton’s Democratic Party In November
(Kitco News) – The U.S. presidential election is eight months away and voters are still in the midst of a highly contentious primary battle among both Democratic and Republican candidates, but one research firm thinks that the Democrats have a slight …
Read moreGold Pressured on Profit-Taking, Chart Consolidation
Gold prices on Monday saw more profit-taking pressure and backing and filling on the daily chart, following recent gains that pushed prices to an eight-month high less than two weeks ago.
Read moreCFTC Data Shows Hedge Funds Were Expecting Dovish Fed
Hedge funds moved to the sidelines in the gold market, exiting both long and short positions ahead of the Federal Reserve’ monetary policy statement and updated economic projections, according to the latest data from the Commodity Futures Trading Commission.
U.S. Existing Home Sales Fall 7.1% In February
Kitco News reports on U.S. existing home sales data for February.
Read moreGold Trade Trigger, Watch Inflation
March 21 – Gold prices weakened modestly in early trading Monday, as traders continue to take some money off the table following the massive price surge in the yellow metal since the start of the year.
Arizona Mining: $15.6M Raised From Osisko For Drilling On Taylor Deposit
Arizona Mining Inc. (TSX: AZ) says it has entered into a term sheet with Osisko Gold Royalties Ltd. (TSX: OR) for $15.6 million for drilling on the Taylor deposit.
Read moreGold Weaker On More Profit Taking, Chart Consolidation
Gold on Monday is seeing more profit-taking pressure and backing and filling on the daily chart, following recent gains that pushed prices to an eight-month high less than two weeks ago.
Read moreHSBC: Exchange-Traded-Fund Demand ‘Cornerstone’ Of Gold Rally
The popularity of the gold exchange-traded funds has been a “cornerstone” of the metal’s rally this year, says HSBC.