U.S. Advance Retail Sales Fall 0.1% In February, January Sees Major Downward Revision
Kitco News reports on U.S. advance retail sales for February.
Read moreGold Sees More Profit Taking Amid Bearish Outside Markets
Gold prices are moderately lower in early U.S. trading Tuesday, on more profit-taking pressure from recent gains and amid bearish “outside markets” early this week-lower crude oil prices and a firmer U.S. dollar index. April Comex gold was last down $12.10 at $1,233.10 an ounce. May Comex silver was last down $0.236 at $15.28 an ounce.
Fortuna Silver Mines Posts 4Q Loss Due To Impairment Charge
Fortuna Silver Mines (NYSE: FSM; TSX: FVI) reports a net loss in the fourth quarter due to an impairment charge, but was nearly flat on an adjusted basis.
Read moreGold Down On More Profit Taking, Chart Consolidation
Gold prices are moderately lower in early US trading, on more profit taking and chart consolidation, and on bearish outside markets that include a firmer U.S. dollar index and lower crude oil prices on this day.
Read moreThe 6PM Recap With Gary Wagner: Existential Hours As We Wait For The Fed To Hand Down The Law
This is a perfect day to look at bond yields and what they might be telling us about the FOMOC meeting scheduled for tomorrow and ending Wednesday.
Read moreGold Backs Off On Profit-Taking, Bearish Outside Markets
Gold prices ended the U.S. day session solidly lower Monday, on a corrective and profit-taking pullback following Friday’s push to a 13-month high.
Hedge Funds Buy 481 Tonnes Of Paper Gold Since Start Of 2016 – Commerzbank
After a one-week pause, money managers and hedge funds were back in the gold market, expanding their bullish bets, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold Futures Extend Early Losses on More Profit Taking, Firmer U.S. Dollar
Gold prices are trading moderately lower and near the session low in late-morning dealings Monday.
Read moreTechnical Trading: Gold Bulls Hit A Wall, Time For Consolidation
Gold prices slid modestly lower in early Monday trading as the market consolidates following Friday’s weaker close. The near and intermediate-term trend pattern remains positive for the yellow metal, but Friday’s action showed eager sellers on an appro…
Read moreBMO Ups 2016 Gold Forecast But Foresees Seasonal Pullback
BMO Capital Markets looks for a seasonal pullback in gold that could end up providing a bargain-hunting opportunity.
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