Gold Down On Better Risk Appetite, Higher U.S. Dollar
Gold prices are solidly lower in early U.S. trading, on some profit taking and keener risk appetite in the world marketplace Monday.
Read moreThe 6PM Recap With Gary Wagner: Gold Holds Steady as Oil Sinks and Equities Struggle
Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status quo in the yellow precious metal’s price, we will cite some real reasons below.
Shaky Equity Markets To Support Gold Next Week Say Analysts
Despite gold’s impressive four-week rally coming to end this week, analysts still see volatile equity markets supporting the metal’s prices.
Gold-Price Dip Not Deterring Kitco Survey Participants; Sentiment Still Positive
Although positive sentiment in the gold market has fallen from its recent highs, retail investors and market analysts continue to expect to see higher prices in the near term, according to this week’s Kitco News Wall Street vs. Main Street Gold Survey.
MINING PICKS: Gold-Mining Stocks Hold Up; Base-Metals Producers Outperform
Gold-mining stocks on balance had a good first four days of the week, with most higher even though gold gave up a portion of its recent sharp run-up.
Read moreGold Pushes Above Unchanged As U.S. Equities Under Pressure
Gold prices have moved up to modestly higher levels in late-morning dealings Friday, boosted on more safe-haven demand as the U.S. stock market comes under renewed selling pressure.
Read moreU.S. CPI Unchanged In January, Core Sees 0.3% Rise
(Kitco News) – U.S. inflation pressure saw a modest uptick last month rising more than expected, despite falling more than expected as a result of weaker energy prices, according to the latest data from the U.S. Labor Department.
Read moreGold Sees Mild Pressure from a Bit Hotter U.S. CPI Report
Gold prices are trading near steady in early U.S. trading Friday, following a U.S. consumer price index report that was just a bit hotter than market expectations.
Read moreMitsubishi: Gold Comes Off 12-Month Highs But Bull Trend Intact
The uptrend in gold remains intact even though the precious metal has not been able to reclaim last week’s longtime high, says Mitsubishi.
First Quantum Minerals Reports Net Profit During Fourth Quarter
First Quantum Minerals (TSX: FM; LSE: FQM) announces comparative earnings of $190 million, or 28 cents per share, in the fourth quarter, up from $62 million, or 10 cents, a year ago.
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