Jobs Data The Driver Today
Gold continues to meander within the recent range of $1,275- $1,288 ahead of today’s jobs data.
Stillwater Posts 1Q Loss On Weaker Prices For Platinum, Palladium
Stillwater Mining Co.(NYSE: SWC) reports flipping to a net loss in the first quarter as the price of platinum and palladium tumbled from a year ago, denting revenues.
Read moreSociete Generale: Slowing U.S. Economic Growth Lifts Gold; How Much Profit-Taking?
Gold has vaulted higher in recent weeks on signs of slowing U.S. economic growth; now a key may be how much profit-taking occurs after the sharp run-up so far this year, says Societe Generale.
Read moreGold Up As U.S. Jobs Report On Deck
World stock markets were mostly lower in cautious trading Friday, ahead of the U.S. jobs report for April from the Labor Department-arguably the most important U.S. economic report of the month.
Read moreThis Chart Shows That Trump-mania May Actually Be Helping Gold
If you crunch the numbers, it would suggest that as Donald Trump’s popularity grows, so does the price of gold.
Miner Blow-Off Or Break Down?
The Non-Farm Payroll Report (NFP) for April will be released this Friday, May 6, an hour before the market opens at 8:30 EDT.
Read moreGold Has To Wait For June Fed Meeting Before Breaking $1,300: Analyst
Friday’s nonfarm payrolls report might not might not have much impact on gold prices in the near-term as markets awaiting June’s Federal Open Market Committee Meeting, according to one market analyst.
Gold Loses Early-Session Gains Amid Rebounding USD
Gold prices ended the U.S. day session near steady levels Thursday
Read moreThere Is Still Plenty Of Value in Mining Stocks – Rob McEwen
There is still plenty of potential in the mining sector even after the market’s significant rally since the start of the year, but at these levels investors might want to be a little bit more discriminatory in picking their investments, says one mining executive.
Are Wall Street Elites Falling For Trump Too? Gundlach Is!
Trump-mania continues now that he has pushed both opponents Sen. Ted Cruz & Gov. John Kasich out of the race. And, according to bond guru, Jeff Gundlach, he may even beat Democrats too.