CME Group Hiking Margins On Comex Gold Futures As Of Friday Close
CME Group is raising margins on gold futures as of the end of business on Friday, the exchange operator reported.
Read moreFranco-Nevada Increases Previously Announced Financing To $800 Million
Franco-Nevada Corp. (TSX, NYSE: FNV) has increased a previously announced public offering to $800 million from the initially reported $550 million.
Read moreGold Sees Profit-Taking Pullback As Risk Aversion Recedes
Safe-haven asset gold saw prices decline a bit Friday, on some mild profit-taking from this week’s strong gains. Still, the precious metal is in strongly a bullish technical posture, which suggests there is more room to run on the upside.
Read moreThe 6PM Recap With Gary Wagner: Gold Triumphing As Multiple Markets Reach an Inflection Point
As this article explains, many of the oil companies up and down the production chain, based their valuations on oil that was $90 or higher. Then it was $65 per barrel… those chickens are coming home to roost and they have very sharp talons
Everyone Loves Gold…Including Shark Tank’s Mark Cuban?
(Kitco News) – When traders don’t know what to do, they go where people are flocking, explained billionaire Mark Cuban on CNBC’s Fast Money. In the interview Thursday, Cuban said he thinks that place is gold.
This Central Bank Sells More Of Its Gold, Bucking International Trends
(Kitco News) – While China is making headline for its insatiable appetite for gold, Canada is in the news for the exact opposite reason.
Read moreGold Technically To Move Higher, $1550 A “Possibility” – BoA Merrill Lynch
As investors continue to flock to gold, pushing prices to highs last seen one year ago, one major U.S. bank says it may also be jumping on the bandwagon.
Read moreGold Hit 1-Year High on Safe-haven Bid; Looking For Close Above $1,260 – CEO
Gold hit a 12-month high above $1,260 an ounce on Thursday as a spooked world marketplace prompted safe-haven demand for the metal.
Read moreGold Demand Hardy In 2015, Mostly Thanks To Central Banks: World Gold Council
Gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and India, according to the World Gold Council (WGC) latest report.
Gold Rockets To 12-Month High On Safe-Haven Demand Amid Spooked World Marketplace
Strong safe-haven demand for gold sent the precious metal soaring to a 12-month high above $1,260.00 Thursday.
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