Gold Up, Hits Nearly 3-Mo. High, On More Safe-Haven Buying
Gold prices are higher and scored a nearly three-month high in early U.S. trading Tuesday. More safe-haven demand and technical buying are featured and bulls have near-term momentum on their side.
Read moreOceanaGold Exceeds Guidance During ‘Transformational Year’
OceanaGold Corp. (TSX, ASX, NZX: OGC) says the company exceeded its 2015 gold-production guidance range with 419,153 ounces and achieved copper-output guidance range with 23,109 tonnes.
Read moreGold At Nearly 3-Mo. High On Safe-Haven Demand
Gold prices are higher and hit a nearly three-month High overnight, on continued safe-haven demand and an improving near-term technical posture.
Read moreThe 6PM Recap With Gary Wagner: A Resurgence Of Volatility
Crude oil, the usual agent of anarchy headed the instability mob. West Texas Intermediate is down over 6.00% in later afternoon trading while Brent North Sea is nearing that size loss. Both top-shelf oils are again staring at sub-$30 per barrel pricing.
Read moreAre Gold Stocks A Better Safe-Haven?
Gold has been proven to work as a hedge for investors and often as a refuge in times of economic uncertainty.
Read moreGold Back Above $1,100 On Safe-Haven Demand, Chart-Based Buying
Gold prices ended the U.S. day session moderately higher and pushed back above $1,100.00 Monday. Some fresh safe-haven demand was featured amid the recent shaky world stock markets.
Read moreWhile Gold is Shining, EM Assets Suffer Most from Market Turmoil
While gold may be reaping the benefits of the market turmoil, the volatility in global financial markets has had a “disproportionate” impact on emerging markets, said research firm, Capital Economics.
Trump Wrong On Err…..Many Things, According to Dennis Gartman
Famed newsletter writer and gold supporter Dennis Gartman says he is â??dismayedâ? that GOP frontrunner Donald Trump has expanded his leads in both Iowa and New Hampshire.
Hedge Funds Reduce Silver Short Bets By 50% But Still Not Major Buyers – CFTC
(Kitco News) – The latest trade data suggests that all the excitement in the precious metals market was in silver last week as the U.S. Commodity Futures Trading Commission showed silver short positioning fell by more than 50%.
Read moreEven If Fed Raises Rates, Still On Easing Track – Currency Wars’ Jim Rickards
Despite recent market volatility, the Fed is still on track to raise interest rates says bestselling author Jim Rickards.
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