Chicago PMI Falls Deeper Into Contraction Territory In December To 42.9
(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, fell farther into contraction territory to a reading of 42.9 in December, according to a report released Monday.
Read moreRickards: Fed, USD, Inflation To Have Biggest Impact On Gold In ’16 – Invest Like The Experts Series
As part of our Outlook coverage, Kitco News talks to some of the best known names in the industry to share insights for the year ahead.
Read moreGold Futures Touch Nearly Two-Week Low, Headed For Third Straight Annual Loss
(Kitco News) – Gold futures have been in a narrow range so far Thursday but nevertheless hit their lowest level in nearly two weeks and are also headed for their third straight year of annual losses.
Read moreU.S. Weekly Jobless Claims Rise By 20K To 287K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 20,000 to a seasonally adjusted 287,000 during the week to Saturday, the Labor Department said Thursday.
The 6PM Recap With Gary Wagner: Rate Increase Speculation And Oil Dominate Year End Fundamental Picture
With very little else happening to give the equities fundamental direction, crude stepped in and influenced the U.S. and European bourses.
Read moreGold Futures Slide As Crude Oil Declines, Dollar Index Rises
Gold futures were knocked down to nearly a two-week low Wednesday by moves in outside markets, as crude oil futures fell sharply while the U.S. dollar rose.
Read moreTrading Activity In Gold And Silver Jump As Prices Slump In November – LBMA
Trading volume for gold and silver was strong in November as priced weakened, according to the latest monthly trading stats from the London Bullion Market Association (LBMA).
Read moreU.S. Pending Home Sales Fall 0.9% in November
Kitco News reports on the National Association of Realtors’ pending home sales index for November
Read moreSilver Won’t Be Fantastic, But Is Expected To Outperform Gold In 2016 – Analysts
Analysts warn that silver investors could experience another wild ride with high volatility in 2016; however, the precious metal could end up outperforming gold next year as the U.S. and global economies stabilize and grow, improving the metal’s industrial outlook.
Gold Declines Amid Dollar Strength, Weakness In Crude Oil
Gold futures fell to their lowest level in nearly two weeks Wednesday on a combination of U.S. dollar strength, weaker crude oil and year-end squaring activity, analysts said.
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