Dollar Bounce Knocks Wind Out Of Goldâ??s Momentum
Gold failed again to push through the $1,265 level yesterday and momentum traders took profits.
Read moreU.S. Retail Sales Decrease 0.3% in March
Retail sales in the U.S. fell unexpectedly last month as sales of motor vehicles and auto parts fell.
Read moreU.S. Producer Price Index Falls 0.1% In March
Kitco News reports on the U.S. Producer Price Index for March
Read moreGold Pulls Back Amid Risk-On Day, Rebound in U.S. Dollar
Gold prices are solidly lower Wednesday, on a corrective pullback from recent gains, and as investor risk appetite is on the upswing at mid-week.
Read moreGold Backs Down Amid Risk-On Trading Day
It’s a “risk-on” day in the marketplace so far Wednesday, as world stock markets have rallied and safe-haven asset gold is solidly lower.
Read moreCrude Prices Soar And Dominate The Conversation
As of mid-afternoon, West Texas Intermediate is up around 4.5% with Brent North Sea Crude following closely behind.
Read moreDollar, Negative Rates Boost Gold; Trader Eyes $1,280/oz
(Kitco News) – NEW YORK (Kitco News) – Gold and silver traders are happy Tuesday as the metals settle higher, and one veteran trader sees more upside for the metals as more investors will jump into the market.
Gold Up, Hits 3-Wk High; Silver Pushes to 5.5-Mo. High
Gold prices ended the U.S. day session modestly higher and hit a three-week high Tuesday. Silver prices have popped this week and scored a 5.5-month high today.
Read moreIMF Downgrades Global Economic Outlook For 2016 and 2017
(Kitco News) – Once again the global economy is not as strong as initially expected, as the International Monetary Fund has downgraded its outlook for this year and next.
Read moreGold Backs Off On Profit-Taking, U.S. Dollar Index Rebounds
Gold prices have slipped below unchanged in late-morning trading Tuesday.
Read more