Dahdah, Hochreiter, Stevens Win 2015 LBMA Price-Forecasting Contest
Bernard Dahdah of Natexis won the annual gold-forecasting contest held by the London Bullion Market Association for his average annual price outlook for 2015, the organization announced Monday.
Read moreTechnical Trading: Gold Builds Higher Daily Lows
Gold prices punched higher to start the New Year on a positive note. Gold bulls are building value above a minor series of higher daily price highs, which is a short-term positive signal for the market.
Read moreGold Sees Safe-Haven Demand Amid Anxious Marketplace
Safe-haven buying amid keener uncertainty in world markets is boosting gold prices in early U.S. trading Monday. Unrest in the Middle East and weak Chinese economic data are working to lift gold and put downside pressure on stock and financial markets …
Read moreMitsubishi’s Butler: Pace Of U.S. Rate Hikes To Be Key For Precious Metals
The performance of precious metals in 2016 will strongly depend on the pace of increases in U.S. interest rates, which in turn impacts the U.S. dollar and the environment for Treasury yields, says Jonathan Butler, precious-metals strategist with Mitsub…
Read moreGold Supported On Safe-Haven Demand Amid Anxious World Markets
Gold prices are higher on safe-haven demand Monday as there is anxiety in the marketplace to start the trading week and the new trading year. World stock markets are under selling pressure partly due to rising tensions in the Middle East. Saudi Arabia …
Read moreGold Traders To Resume Eyeing Data For Clues On Fed; Money Flows To Be In Focus
(Kitco News) – When gold traders return in the New Year next week, they are likely to focus most heavily on the same factor that captured the market’s attention for much of 2015 – Federal Reserve monetary policy.
Retail Investors Better than .500 When Predicting Gold’s Short-Term Trend In 2015
(Kitco News) – 2015 has been a wild ride for the gold with sentiment being a significant force in the marketplace, which is something retail investors have been relatively effective at predicting, according to year-end results of the weekly Kitco News…
Read more2016: The Big Turnaround For Tech Metal Prices? Part 1: Precious Metals
2015 was not a good year for technology metals. Markets around the world saw prices for precious metals, rare earth elements and strategic metals deteriorate to the point where costs exceeded price, and mines began to falter.
Read moreKitco 2016 Outlook Survey: One-Third Of Retail Investors See Little Hope For Gold; Price To End 2016 Below $1,000 An Ounce
(Kitco News) – The gold market is ending its third consecutive year in negative territory and while there is still some optimism in the marketplace as the majority of online participants look for gold to rise next year, nearly a third are so pessimist…
Read moreTurn-Around Year For Gold As Fundamentals, Low Interest Rates Support Market – GLD Marketing Agent
(Kitco News) – The gold market is preparing to end the year close to its lowest point in six years; however, one market analyst is confident that prices should recover enough in 2016 to retest the top of its long-term range.
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