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Gold’s Rally Was ‘Too Fast’ But $1,200 Still Great Entry Point – Horwitz

Gold prices ended the U.S. day session with slight gains Wednesday, as traders ‘bought the dip’ in prices that occurred earlier this week.

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Gold Posts Slight Gains as Bargain Hunters “Buy The Dip”

Gold prices ended the U.S. day session with slight gains Wednesday, as traders “bought the dip” in prices that occurred earlier this week.

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ABN Amro Now A Raging Bull, Expecting Gold Prices To Hit $1,300

(Kitco News) – After releasing its mea culpa for the precious metals market as week, as prices hit a one-year high, long-term bear ABN Amro has officially became a bull.

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TDS: ‘Central-Bank Dynamics Will Eventually Help Gold Move Near $1,300/Oz’

TD Securities sees potential for gold to climb to $1,300 an ounce. Gold rose to a one-year high last week due to expectations for accommodative monetary policy and conjecture about negative rates in the U.S.

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Gold Pushes Above Unchanged On Bargain Hunting

Gold prices have moved modestly higher in late-morning trading Wednesday, after having hovered around the unchanged level since U.S. futures trading began a couple hours ago.

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For Pete’s Sake: Euphoria Is Returning, Likely Misplaced

Gold once again endured some selling pressure at the Asian open followed by a nice bounce before settling into the middle of the overnight range. It is a matter of what you believe.

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Tom Palmer To Succeed Chris Robison As Newmont’s Chief Operating Officer

Tom Palmer will succeed retiring Chris Robison as executive vice president and chief operating officer of Newmont Mining Corp.

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Vote Now In The Kitco Weekly Gold Survey

Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.

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U.S. Housing Starts Fall 3.8% To 1.099 Million Units In January

U.S. housing starts fell 3.8% in to a seasonally adjusted annual rate of 1.099 million units in January, the Commerce Department said Wednesday.

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U.S. PPI Rises 0.1% Core Up 0.4% in January

(Kitco News) – U.S. pipeline inflation pressures increased in January despite, continued falling energy prices, according to the latest data from the Labor Department.

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