Happy New Year So Far For Precious-Metals Stocks; Not So Happy For Base Metals
It’s been a happy new year so far for shares of gold- and silver-mining stocks that trade in North America, as they rose sharply during the first four days of the week along with the metals themselves.
Gold To Push Higher As Market Remains Oversold – iiTrader
Gold lost some ground following a much stronger than expected employment report; however, commodity strategist at iiTrader say that they still expect gold prices to continue their upward trend.
Read more3 Intermarket Clues That Bode Bullishly For Gold
No market trades in a vacuum. As traders are keenly aware today, events in equity markets across the globe can wreak havoc on stocks close to home.
Read moreSchiff Shifts More Weight On Gold For 2016 – Invest Like Experts Series
Invest Like The Experts (#InvestLike) winds down as the first trading week of the year comes to an end. This week, Kitco News spoke with Euro Pacific’s CEO Peter Schiff to see where he’d invest $100,000 in 2016.
Gold Lower on Corrective Pullback, Calmer Markets, Upbeat U.S. Jobs Data
Gold prices are moderately lower and have dropped back below $1,100.00 in early U.S. trading Friday. A corrective pullback from this week’s good gains that saw prices hit a two-month high on Thursday is featured in dealings Friday.
U.S. Economy Created 292K Jobs In December But Wages Remain Relatively Unchanged
Kitco News reports on the U.S. nonfarm payrolls report for December
Read moreSilver Standard Reports Annual Production Records At Marigold, Pirquitas
Silver Standard Resources Inc. (NASDAQ: SSRI; TSX: SSO) says that its Marigold and Pirquitas mines achieved record annual gold and silver production, respectively, in 2015.
Read moreGold Backs Down A Bit As World Stock Markets Stabilize
Gold prices Are seeing moderate selling pressure Friday after a week of Good gains that saw the market hit a two-month high on Thursday.
Read moreThe 6PM Recap With Gary Wagner: The After Christmas Message Is That You Better Watch Out
The question of the day is whether U.S. equities are in a real (corrective) contraction, meaning a bear market or is this just a little sweeping out of the ashes from the fireplace of 2015.
Read moreGold: A Value Play In 2016 As A Physical Commodity – David Hightower
One veteran trader believes 2016 could be the turnaround year for gold as supply and demand fundamentals are expected to play a dominant role in the market.
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