The 6PM Recap With Gary Wagner: Gold Gyrates But Maintains Appeal To Investors
The next Federal Open Market Committee meeting is still six business days away but the avalanche of data – especially the U.S. Department of Labor’s Employment report for February issued earlier today – will stoke the rate-hike debate and roil the markets till the minutes are released one week from Tuesday.
Gold Could Rally Next Week On Currency Devaluation Fears – Analysts
Little U.S. economic data next week will mean the gold market will focus on international events with the European Central Bank (ECB) monetary policy meeting in the spotlight.
Read moreGold: Sell the Rally or Buy In?
Kitco News is back from covering the BMO Capital Markets Conference and Gold Stock Analyst Investor Day and now …..re-packing to head to the world’s largest mining conference – the PDAC in Toronto. Before we talk conferences and our takeaways, let’s look at gold this Friday.
Retail Investors, Analysts Bullish On Gold As Prices Hit 13-Month High
The majority of retail investors and market analysts remain bullish on gold, with most deciding to stay on the sidelines, not wanting to step in front of the momentum, as prices reach a 13-month high at the end of the week.
Read moreBlackRock Can’t Keep Up With Gold Demand As Its ETP IAU Runs Out Of Shares
The world’s largest asset manager is not able to keep up with the insatiable demand for gold as one exchange traded product runs out of available shares.
North American Mining Stocks Soar Along With Gold, Silver, Copper
Shares of nearly all mining stocks that trade in North America climbed during the first four days of this week as gold, silver, copper and other metals all posted solid gains.
Read moreGold Soars to 13-Mo. High As Bullish Momentum Building, Clues Raw Commodity Bust is Ending
Gold prices are sharply higher and have hit a 13-month high in late-morning trading Friday.
Read moreGold Rallies Despite Stronger-Than-Expected U.S. Jobs Data
Gold prices are moderately higher in morning dealings Friday, despite a just-released U.S. employment report that was stronger than market expectations.
Read moreEndeavour Mining Agrees To Acquire True Gold Mining
Endeavour Mining (TSX: EDV; OTCQX: EDVMF) reports higher production but lower all-in sustaining costs in the fourth quarter and full-year 2015. Fourth-quarter production rose 14% to 136,844 ounces, while all-in sustaining costs fell 6% to $934.
Read moreU.S. Economy Created 242K Jobs in February
Kitco News reports on U.S. nonfarm payrolls for February
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