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 moreSlow and steady is sexy again: Investors return to munis
NEW YORK (AP) — Boring? Give me more of that!
Gold Aiming For $1,350 By Year-End Says Famed Gold Expert
It is amazing how quickly markets can change. Just look at the gold.
Read moreGold Down On Strong Follow-Through Selling As Bulls Are Fading
Gold prices ended the U.S. day session solidly lower Thursday, on follow-through pressure from Wednesday’s losses.
UBS: Gold-Investment Demand Offsetting Soft Physical Market
Investment demand for gold is more than offsetting weakness in the physical market, thereby driving prices higher so far this year, says UBS.
Read moreU.S. Weekly Jobless Claims Fall 13,000 To 253,000
First-time weekly jobless claims in the U.S. fell by 13,000 to a seasonally adjusted 253,000 during the week to Saturday, the Labor Department said Thursday.
First Majestic Posts Record Silver-Equivalent Production During First Quarter
First Majestic Silver Corp. (NYSE: AG; TSX: FR) announces that production in the first quarter from its six operating silver mines hit a record of 5.1 million silver-equivalent ounces
Read moreGold Sees Follow-Through Selling On Rebounding U.S. Dollar
Gold prices are lower again in early U.S. trading Thursday, on follow-through pressure from Wednesday’s losses.