Five Reasons RBC Capital Markets Is Positive On Gold
As investors continue to questions whether or not gold’s recent upswing can be sustainable, analysts from one bank say there are five reasons they maintain their positive investment thesis for the metal.
Harmony: Gold Output Rises For Third Straight Quarter
Harmony Gold Mining Co. (NYSE: HMY) reports that gold production for the quarter ending in December increased for the third consecutive quarter.
Read moreWeaker Economic Output Could Boost Demand For Gold In Russia
Weaker oil prices and crippling economic sanctions saw the Russian economy shrink last year at its fastest pace since the global financial crisis.
Read moreKitco Technical: Turbulent 2016 Start Has Silver Lining For Gold
What a start to 2016: U.S. stocks plunged over 10% in a panicked and swift correction that may or may not be over.
Read moreEldorado Warns Of Potential Impairment, Lists 2015 Output Above Guidance
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) reported Monday that 2015 output exceeded guidance but that the company is facing a potential impairment charge of more than $1 billion to write down assets in Greece, where Eldorado has been in a fight with th…
Read moreGold Higher on Safe-Haven Buying, Improving Technical Posture
Gold prices are higher and have pushed back above $1,100.00 in early U.S. trading Monday. Some fresh safe-haven demand is featured amid the recent shaky world stock markets.
Read moreGold “Weathered” The Storm – Dennis Gartman
According to newsletter writer and famed economist Dennis Gartman, gold managed to fight off the Friday blues. “Gold weathered the usual storm that all-too-often has plagued the gold market on Friday’s,” he says.
Gold Lifted As U.S., European Stock Markets Under Pressure
Gold Prices are higher in early U.S. dealings, on some fresh Safe-haven demand and an improving chart posture.
Read moreThe 6PM Recap With Gary Wagner: The Market Equivalent Of The Classic Flick Jaws
“Just when you thought it was safe to go back in the water…” That was the famous advertising slogan for the classic sea behemoth mega hit, Jaws.
Dovish Fed, Market Turmoil To Help Gold Next Week – Analysts
(Kitco News) – Renewed market volatility and the Federal Reserve’s tone following its first monetary policy meeting of the year should help to push gold prices higher next week, this according to market analysts.