Gold And Silver Fly High As Fed Commentaries Sink In
As the recent commentaries that reflect the most current thinking of the Federal Reserve sink in to the brains of analysts and investors, fundamental market conditions have suddenly changed.
Read moreWhere Will Gold Close in April? – KITCO CONTEST
Gold prices started the month lower but have since gained momentum. Where could the metal end the first month of this quarter?
Read moreGold Above $1,250, Silver Surges To 10.5 Mo. High As Raw Commodities Perk Up
Gold prices ended the U.S. day session solidly higher Tuesday, while silver prices were also sharply higher and hit a 10.5-month high.
Read moreGold Fields: Quarterly Output Drops Quarter-On-Quarter But Up YoY
Gold Fields Ltd. (NYSE, JSE: GFI) reports production of 515,000 ounces of gold for the quarter ending with March.
Read moreSpot Gold; A ‘Reversal’ To the Upside?: Dennis Gartman
The “mischief makers” in the gold market had their chance to break gold earlier today, but failed, says famed market watcher Dennis Gartman.
Does the Yuan-Gold Benchmark Matter? – Analysts
China’s push for more control in the gold market was seen further with the launch of its yuan-denominated gold price benchmark Tuesday.
Gold/Silver Ratio Falls To 74; Silver Outperforming Gold – Analysts
Silver prices are continuing their strong surge, outpacing gold on a combination of “catch-up” buying and improved prospects for industrial demand, analysts say.
BMO: Gold ‘Still Looking Like A Good Trade’
Gold, which has risen sharply so far in 2016, “is still looking like a good trade,” says BMO Capital Markets. The bank points out that financial markets now suggest the Federal Reserve rate-hike probability in February 2017 is now barely above the 50% mark.
U.S. Housing Starts Decline 8.8% to 1.089 Million Units In March
U.S. housing starts fell 8.8 % in March to a seasonally adjusted annual rate of 1.089 million units, the Commerce Department said Tuesday.
Read moreGold Solidly Higher, Silver Surges To 10.5-Month High
Gold prices are solidly higher in early U.S. trading Tuesday, while silver prices are sharply higher and have hit a 10.5-month high.
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