Gold Bounces On Safe-Haven Demand, Bargain Hunting
Gold prices ended the U.S. day session higher Tuesday, on safe-haven demand and on bargain hunting following recent selling pressure.
Read moreWhy Silver’s Price Action is Worrisome: Gartman, Merk
After posting its best quarter in 30 years, gold prices have slightly fallen back while silver has simply underperformed.
Read moreU.S. Service-Sector Index Rises To 54.5% In March
The Institute for Supply Management said Tuesday that its headline index for the service sector rose to 54.5% in March from 53.4% in February .
Read moreCenterra Gold Announces $150M Project Financing Facility For Öksüt Project
Centerra Gold Inc. (TSX: CG) reports that wholly-owned subsidiary Öksüt Madencilik Sanayi ve Ticaret A.S. has entered into a project financing term loan facility for its Öksüt Project in Turkey.
U.S. Silver-Jewelry Sales Rise For 7th Straight Year: Silver Institute
Silver-jewelry sales rose in the United States for the seventh straight year in 2015, the Silver Institute reports. The industry organization reports that 60% of jewelry retailers reported increased sales, according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service.
Gold Rallies on Renewed Safe-Haven Demand
Gold prices are solidly higher in early U.S. trading Tuesday, on safe-haven demand and on bargain hunting following recent selling pressure.
Read moreGold Rallies on Keener Risk Aversion Tuesday
Gold Prices are higher in early U.S. trading, on some safe-haven demand And bargain hunting after recent selling pressure.
Read moreEuropean Stocks Plunge on Weak Eurozone Data
LONDON ( The Deal) — European stocks plunged on Tuesday following weak eurozone economic data including a surprise monthly fall in German factory orders.
Read morePanama Papers: Who Cares?
Finally, something to take Donald Trump off the front page; a new political tax-haven scandal has gripped global attention.
Read moreCFTC Shows Hedge Funds’ Gold Bets Hit 3-Year Highs
Interest in gold continues to defy expectations as hedge funds bought more of the yellow metal, pushing long speculative interest to a three-year high, according to the latest data from the Commodity Futures Trading Commission (CFTC).
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