Gold Breaking St. Paddy’s Day Pattern?
As gold prices look to settle higher on St. Patrick’s Day, the metal may be getting the “luck of the Irish” as it looks to break an interesting pattern that has formed around the festivities over this four-year bear market.
European Countries Lead Pack With $78 Trillion Pension Problem: Citigroup
Twenty of the world’s wealthiest countries are facing a $78 trillion pension loss, Citi said in a report on Wednesday.
Two French Banks List Contrasting Outlooks For Gold Prices
A pair of French banks has listed mixed views on the gold market, with Credit Agricole looking for more gains but Societe Generale suggesting the rally so far in 2016 is unsustainable.
Read moreGartman: Gold Reacting As it Should Post- Fed
In his Thursday edition of the Gartman Letter, famed market watcher Dennis Gartman says gold is responding as it should to the Fed’s “non-decision” on rates.
Even After Gold’s 3% Fed Rally, Market Has Room To Move Higher: Analysts
Gold futures rallied more than 3% the day after Federal Open Market Committee members left U.S. interest rates unchanged and signaled that they only see two rate hikes later in the year, and analysts see the potential for more gains for the yellow meta…
Read morePhilly Fed Survey Jumps To Reading of 12.4 In March
(Kitco News) – The headline index for a survey of manufacturers in the Philadelphia area saw major improved in March, catapulting out of negative territory to a reading of 12.4 reading, according to a report from the Philadelphia Federal Reserve.
Read moreGold Extends Gains, Post-FOMC, And As U.S. Dollar Index Slumps
Gold prices on Thursday have extended Wednesday afternoon’s sharp gains, in the wake of an FOMC statement that fell firmly into the monetary policy doves’ camp.
U.S. Weekly Jobless Claims Rise 7,000 To 265,000
First-time weekly jobless claims in the U.S. rose by 7,000 to a seasonally adjusted 265,000 during the week to Saturday, the Labor Department said Thursday.
Read moreB2Gold Lists Adjusted Profit In 4Q On Record Production, Lower Costs
B2Gold Corp. (TSX: BTO; NYSE MKT: BTG) reports an adjusted profit in the fourth quarter as production rose and costs fell.
Read moreSilver Wheaton Reports Adjusted Profit, Record Output In Q4
Silver Wheaton Corp. (TSX, NYSE: SLW), a Vancouver-based silver streaming company, posted an adjusted profit in the fourth quarter as production hit a record high, although the company had a net loss due to an impairment charge.
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