Vote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreAfter Gold Nears 3-Month High, Sets Sights on $1,150: Technical Expert
Gold prices scored a nearly three-month high this week, with more safe-haven demand and technical buying featured, said Kitco Metals’ senior technical analyst, Jim Wyckoff.
Gold Weakens Ahead of Afternoon FOMC Statement
Gold prices are trading modestly lower and near the daily low in late-morning dealings Wednesday. Some position evening and profit taking ahead of the afternoon statement from the Federal Open Market Committee
(FOMC) are featured.
U.S. New Home Sales Surges 10.8% In December
Kitco News reports on U.S. new home sales figures for December.
Read moreDecember Saw Surge In Chinese Gold Demand – Analysts
(Kitco News) – A slew of recent trade data points to surge of gold demand in China, according to some market analysts.
Read moreCredibility, Credibility, Credibility: The Central Bankers’ Dilemma – BBH
Credibility, credibility, credibility. Ignore inflation and employment targets for a second; right now, markets are focused on how much central bankers are actually doing what they say they will, say analysts at Brown Brothers Harriman.
Gold Near Steady As Marketplace Awaits FOMC Statement
Gold prices are trading near steady in early U.S. dealings Wednesday. Overnight the yellow metal saw a mild downside technical correction following recent gains that Tuesday pushed prices to a nearly three-month high.
Read moreGold Fields: 2015 Output Nearly Matches Guidance; Unit Costs Below
Gold Fields Ltd. (JSE, NYSE: GFI) reports that gold-equivalent production for 2015 is expected to be 2.16 million ounces, nearly matching original guidance from last February of 2.17 million.
Read moreGold Weaker Ahead Of FOMC Statement
Gold prices are modestly weaker in early U.S. dealings, as traders are tentative ahead of the Federal Open Market Committee (FOMC) meeting that began Tuesday and ends this afternoon with a statement. While no change in U.S.
Read moreThe 6PM Recap With Gary Wagner: Gold Is Behaving As Much More Than A Safe Haven
The biggest news of the day is the soaring price of gold.
More impressive is that, while some of the gain was generated by a weaker U.S. dollar, most of the advance came via regular trading. That is to say that a lot of people wanted to buy gold.