Gold Drop Directly Correlated To Yesterday’s Dollar Strength
Gold’s recent performance has been correlated directly with the strength/weakness of the dollar, specifically against the yen.
Iamgold Corp. Posts Profit In 1Q, Boosted By Sale Of Investment Gold
Iamgold Corp. (TSX: IMG; NYSE: IAG) reversed to a first-quarter profit, helped when it benefitted from a 75% gain on the sale of gold held for investment purposes, the company reported late Tuesday.
Read moreGold Sees More Profit Taking As U.S. Dollar Index Continues Rebound
World stock markets were mostly weaker overnight in lackluster trading.
Read moreRisk Way Off as Greenback Dominates Movements & Gold Consolidates
Crude oil analysts have to make you laugh. But it’s a dark joke filled with dishonesty.
‘Perfect Storm Against Gold Reversing’ Says Analyst That Forecasted $1,300 Gold
(Kitco News) – When market sentiment was extremely bearish for gold, one analyst stuck with his $1,300 call.
Read moreHarvard Professor Urges EMs To Buy Gold
(Kitco News) – Emerging market economies need to shy away from the U.S. dollar and U.S. treasuries, and instead invest more in gold, this according to one Harvard profession.
Read moreWhat’s Next For Gold As Prices Flirt With $1,300?
(Kitco News) – Gold briefly pushed above $1,300 an ounce this week, its highest level since January 2015 and analysts are mixed as to whether or not price gains can be sustained over this psychological barrier.
Read moreGold Sees Modest Profit Taking After Hitting 15-Mo. High Monday
The gold market saw some modest profit-taking pressure kick in from the shorter-term futures traders at late-morning Tuesday, after June Comex gold hit a 15-month high of $1,306.00 Monday.
Read moreGold Backs Off A Bit On Profit Taking, Rebound In U.S. Dollar
Gold prices have slipped below unchanged on the day, in late-morning dealings Tuesday. Some profit-taking pressure from the shorter-term futures traders is featured after June Comex gold prices hit a 15-month high of
$1,306.00 on Monday.
Is China In Trouble? – The Daily Shot
The Chinese economy may be in more trouble than people think, suggest the writers of the popular newsletter The Daily Shot.
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