Gold Sees Mild Profit-Taking Pullback
Gold prices are modestly weaker today on some Profit taking from recent gains that pushed prices to a three-month high on Monday.
Read moreThe 6PM Recap With Gary Wagner: Gold Continues to act as a Safe Haven as Energy Still Pushes the World around except in the U.S
Unless oil recovers enough to be reckoned as “stable” by other elements in the investment community, there will be trouble in the equities.
Is Warren Buffet Betting On the Wrong Commodity As Gold And Silver Rally?
(Kitco News) – Legendary value investor Warren Buffet is making headlines in financial markets as his company, Berkshire Hathaway (BRK.B), announced that it increased its exposure to oil refining company Phillips 66 (NYSE: PSX).
Read moreTime For a Good Gold-to-Silver Ratio Play For Traders? – Peter Hug
Is a major upside number for gold in the cards? Or is the choppy action making investors wary?
Read moreGold Up, Hits 3-Month High, As Bulls Continue To Gain Momentum
Gold prices ended the U.S. day session higher and poked to a three-month high Monday. Continued safe-haven demand and technical buying interest are featured in the yellow metal so far this year.
Read moreGold And Silver Outperforming, Attracting Hedge Funds, Money Managers – CFTC
After taking a bit of a break, hedge funds and money managers are starting to wade deeper into gold waters, according to the latest data from the U.S. Commodity Futures Trading Commission.
Read moreGold Coin Sales Soar 53% in January – U.S. Mint
As investors flocked to gold in search of a safe haven amid market turmoil, coin sales soared last month, according to the latest U.S. Mint data.
Read moreU.S. ISM Manufacturing Index Falls to 48.2% In January
Kitco News reports on the U.S. ISM Purchasing Managers Index for January
Read moreGold Up 6% For The Year, Now What?
It’s been a good start to the year for gold, with the market up nearly six percent in the past month. Uncertainty over the state of global growth, equity market volatility and general safe-haven demand have supported solid gains in the gold market.
Read morePeak Supply Won’t Really Help Gold Price – Gabelli
With more talks of peak production being reached in the gold mining sector, the consensus seems to be that declined supply should support gold prices; but, one manager of a major gold fund says that might not be the case.
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