Deutsche Bank PM Settlement Might Only Be The Start – Expert Witness
Deutsche Bank AG’s, decision to settle U.S. lawsuits of conspiring to manipulate the gold and silver market could create a domino effect, leading to other banks coming forward, this according to one expert witness.
China Data Bodes Bullishly For Gold Demand
The Chinese economy expanded at a 6.7% rate in the first quarter, down marginally from a 6.8% growth domestic product reading in the previous quarter.
Read moreStocks Of Producers Of Silver, Other Industrial Metals Lead Mining Shares Higher
Shares of mining companies that trade in North America were mostly stronger this week, with producers of silver and other industrial metals tending to be among the best-performing companies.
Read moreThe Case for a Donald Trump Presidency – Doug Casey
This week, we get thoughts from the politically savvy and libertarian Doug Casey, who says a Donald Trump White House might not be such a bad idea as some have made it out to be.
Empire State Manufacturing Index Rise To 9.6 In April
Kitco News reports on the New York Fed Empire Sate manufacturing survey for April.
Read moreGold Sees Some Bargain Hunting To End The Week
Gold prices are modestly higher in early U.S. trading Friday, on a corrective, bargain-hunting bounce from the strong selling pressure seen the past two days.
Read moreUBS Sees Resilience In Gold Even As Risk Aversion Abates
UBS says gold may be able to hold up even if appetite for so-called riskier assets returns, as central banks are likely to remain accommodative.
Read moreGoldcorp: Worker Missing After Rock Fall at Marlin Mine; Operations Suspended
A worker at Goldcorp Inc.’s (TSX: G, NYSE: GG) Marlin mine in Guatemala was missing after being trapped underground by a rock fall, the company said late Thursday.
Gold Firmer On Bargain Hunting
Gold prices are firmer on a bargain hunting bounce from this week’s selling pressure. Gold bulls have faded a bit this week but they do still hold the overall near-term technical advantage.
Read moreBut But But But Because Of Data
The U.S. consumer price index gained just 0.1% in March as a drop in the cost of food partly offset a reasonably robust rebound in gasoline prices. That gives rise to speculation that the Fed will not raise interest rates.
Read more