Gold Weaker Amid Improved Risk Appetite
Safe-haven gold prices are seeing some selling pressure today.
Read moreBNP Paribas Lowers Gold Forecast, Calling For Sub-$1000
“The first nail in the coffin is in” for gold, say analysts at BNP Paribas, who recently adjusted their gold forecast lower for the year.
Read moreShould Gold Be Performing Better Under Current Conditions? – Mitsubishi
Even if gold has had a good start to the year, it should be performing better under current market conditions, suggests one Mitsubishi strategist.
Read moreGold Speculators Turn Positive After 9-Week Hiatus – CFTC Data
After nine weeks of net short positioning, the latest CFTC trade data shows that hedge funds and money managers have turned positive on gold, and analysts are starting to take notice.
Read moreThe Case for Raw Commodity Sector Bottoming in 2016
Let’s take a look at a few longer-term charts of key markets and indexes, which are presently providing some technical clues the major “bust” cycle in the raw commodity sector will likely run its course in 2016.
Read moreGold Supply Peaks At 3,155 Tonnes, Output To Decline by 3% in 2016
Gold supply has peaked, this according to CEOs of major gold companies and research by Thomson Reuters GFMS, as quoted Sunday in the Financial Times. GFMS, recognized as a leading precious metals markets research firm part of Thomson Reuters, expects g…
Read moreMLK Day ‘Uneventful’ For Gold; Breakout Needed To Determine Next Move: Triland Metals
Despite gold’s rebound last week, analysts at Barclays still expect prices to move lower this year. In the bank’s weekly Gold Delta report, the analysts say that signs of stabilization in China have reduced the yellow metal’s safe-haven allure.
Read moreThe 6PM Recap With Gary Wagner: Here’s How Bad It Got Today
The award for best performance of a leading stock index was given to the Nikkei. It was down today “only” 0.54%. Worst on the day was Shanghai, which was off 3.5%.
Read moreGold Provides Most Returns For Investors: Mid-Jan ’16 Score Card
As financial markets look to close the second week of the new year, gold and silver get ready to post gains, while stocks continue in a downtrend.
Read moreGold Provides Most Returns For Investors: Mid-Jan ’16 Score Card
As financial markets look to close the second week of the new year, gold and silver get ready to post gains, while stocks continue in a downtrend.
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