Gold Pulls Back Amid Better Risk Appetite in Marketplace
Gold is seeing some profit-taking pressure from recent gains in early U.S. trading Friday. Improved investor risk appetite late this week and a rebound in the U.S. dollar index on this day are near-term negatives working against the precious metals bul…
Read moreGold Weaker On Profit Taking, Better Risk Appetite
Gold prices are lower in early U.S. trading on profit taking from recent gains and amid better investor Risk appetite late this week.
Read moreThe 6PM Recap With Gary Wagner: Oil And Equities See Bullish Tone While Gold Has To Wait For Its Chance
The Dow, S&P 500 and NASDAQ all saw up-moves. Especially germane to our trading is the S&P, which at 4PM in New York is up about 0.60%.
Silver Still On Track To Restore Its Glory?
Silver has lagged behind gold in recent weeks but renewed optimism in the precious metals space and expectations of growing industrial application helping the grey metal attract some attention.
Read moreDividend Growth for Silver Wheaton In Sight? CEO Smallwood Comments
Silver Wheaton Corp.’s (TSX, NYSE: SLW) business model has allowed the precious-metal steaming company to maintain its dividend.
Gold Sees Follow-Through Strength, Post-FOMC; Outside Markets Also Bullish
Gold prices Thursday extended Wednesday afternoon’s sharp gains, in the wake of a dovish FOMC statement.
Gold Breaking St. Paddy’s Day Pattern?
As gold prices look to settle higher on St. Patrick’s Day, the metal may be getting the “luck of the Irish” as it looks to break an interesting pattern that has formed around the festivities over this four-year bear market.
European Countries Lead Pack With $78 Trillion Pension Problem: Citigroup
Twenty of the world’s wealthiest countries are facing a $78 trillion pension loss, Citi said in a report on Wednesday.
Two French Banks List Contrasting Outlooks For Gold Prices
A pair of French banks has listed mixed views on the gold market, with Credit Agricole looking for more gains but Societe Generale suggesting the rally so far in 2016 is unsustainable.
Read moreGartman: Gold Reacting As it Should Post- Fed
In his Thursday edition of the Gartman Letter, famed market watcher Dennis Gartman says gold is responding as it should to the Fed’s “non-decision” on rates.