Gold Near Steady As Bargain Hunters Offset Profit-Takers
Gold prices are near steady in early U.S. trading Wednesday, as a bit more profit-taking from recent gains is being countered by traders “buying the dip” and looking for a bargain. Increased trader and investor risk appetite in the marketplace so far this week is a bearish element working against the safe-haven gold market.
Fund Manager Paulson Cut Gold Position During Fourth Quarter
Well-known hedge fund manager John Paulson cut his bullish bet in gold during the fourth quarter, according to a filing with the Securities and Exchange Commission.
Read moreGold Pressured By Easing World Marketplace Anxieties
Gold Prices are weaker again in early U.S. trading, amid lessening Anxiety in the world marketplace this week.
Read moreWhat Do You Think Of Kitco.com’s Makeover?
Kitco.com has had a makeover. We know, we know…. It’s been a long time coming….
The 6PM Recap With Gary Wagner: Equities Uncouples From Oil As Gold Retraces Thirty Eight Percent from the Recent Rally and High
U.S. equities, however, ignored oil pricing, an unusual event, and investors nudged the Dow and S&P 500 up 1.15% and 1.40% respectively. The NASDAQ was up almost 2.00%
Did Investors Miss The Gold Boat?…Thanks Goldman Sachs…
Despite gold’s stellar performance last week, one commodity market strategist says investors may have already missed their shot to get into the market — at least for now.
Read moreGold Punishes Investors Who Are ‘Late To The Party’ – Strategist
Despite gold’s stellar performance last week, one market strategist says investors may have already missed their shot to get into the market
Read moreGold Sharply Lower on Profit-Taking, Better Risk Appetite; Bulls Appear Exhausted
Gold prices ended the U.S. day session solidly lower on heavy profit-taking and a corrective technical pullback from strong gains last week that saw prices hit a 12-month high.
Read moreThe Big Turnaround For Tech Metal Prices 2016? Part 2: Rare Earth Elements
(Kitco News) – The story of Rare Earth Elements (REE) is at the center of a sad and dirty chapter of the metals industry as it continues to see weak prices despite strong demand.
Read moreAnalysts Skeptical OPEC Production Agreement Is Game Changer For Oil Market
(Kitco News) – Gold continues to see further selling pressure Tuesday in part because of a modest boost in crude oil prices is helping to reduce fear sentiment in the market place; however, some analysts warn that it might too early to signal a recove…
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