Gold Up On Safe-Haven Demand Following Brussels Terror Attacks
Coordinated terror attacks in Brussels, Belgium have helped to push gold prices moderately higher in early U.S. trading Tuesday, on fresh safe-haven demand. April Comex gold was last up $9.40 at $1,253.50 an ounce. May Comex silver was last up $0.093 a…
Read moreABN Amro Ups Its 2016, 2017 Gold Forecast Again
For the second time in as many months one major Dutch bank has increased it forecast for gold. In a report published Tuesday, analysts at ABN Amro increased their year-end target for gold to $1,370 an ounce, up from their previous target of $1,300. For 2017 they see prices ending the year at $1,450 an ounce, up from the initial forecast at $1,300.
Gold Rallies Following Terror In Brussels
Gold prices are moderately higher in early U.S. trading, on Fresh safe-haven demand.
Read moreThe 6PM Recap With Gary Wagner: Risk On But In A Very Laid Back Way
West Texas Intermediate crude was up over 1.00% while Brent was up just under 1.00% at the close of regular trading. In after hours, prices seem to be holding.
Read moreWhy You Should Still Hold On To Gold: Market Expert
NEW YORK (Kitco News) – Despite the pullback in gold prices, one market veteran says it is still not time to cash in your gold bets just yet.
Why This Is Silver’s Best Bottom In Years – Veteran Trader
The first trading day of the spring could signal a shift in the precious metals market as silver has managed to outperform gold.
Read moreIHS Sees Slim Presidential Victory For Clinton’s Democratic Party In November
(Kitco News) – The U.S. presidential election is eight months away and voters are still in the midst of a highly contentious primary battle among both Democratic and Republican candidates, but one research firm thinks that the Democrats have a slight …
Read moreGold Pressured on Profit-Taking, Chart Consolidation
Gold prices on Monday saw more profit-taking pressure and backing and filling on the daily chart, following recent gains that pushed prices to an eight-month high less than two weeks ago.
Read moreCFTC Data Shows Hedge Funds Were Expecting Dovish Fed
Hedge funds moved to the sidelines in the gold market, exiting both long and short positions ahead of the Federal Reserve’ monetary policy statement and updated economic projections, according to the latest data from the Commodity Futures Trading Commission.
U.S. Existing Home Sales Fall 7.1% In February
Kitco News reports on U.S. existing home sales data for February.
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