The 6PM Recap With Gary Wagner: Gold And Silver Pop With Rising Oil Dragging US Equities Along For The Ride
Before moving on to specifics concerning the day’s market movements, we’d like to clear up a fashionable theory about sovereign wealth funds (SWFs) and the falling prices of equities.
Gold Above 200-Day MA; Has Room To Move Higher Says Expert
Gold pushed above a key technical barrier Wednesday indicating that the market might have room to move higher.
Read moreGold Rallies To 3-Mo. High On Continued Safe-Haven And Technical Buying; Silver Also Pops To 3-Month High
Gold prices ended the U.S. day session solidly higher and scored another three-month high Wednesday.
Read moreGold Has Room To Move Higher But Analysts Warn To Be Careful Around $1,180 Level
Gold pushing above a key technical barrier Wednesday indicates that the market has room to move higher in the near-term, but some analysts warn investors to still careful because this rally could run out of steam.
Read moreKitco Charts Show Gold Rallying In Most Currencies
Not only has sentiment towards gold in the U.S. been positive as more investors are jumping on the gold bandwagon, but also investors elsewhere seem to be hopping on since the new year.
Read moreVote 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.
Read moreGold Standard Supporters Huckabee, Rand Drop Out Of Presidential Race; Cruz Going Strong
(Kitco News) – Although the camp that supports the reestablishment of a gold standard just lost two of its biggest proponents, one major player still remains.
Read moreGold Hits Daily High And 3-Month High Following Weaker U.S. Data
Gold prices are trading moderately higher, near the session high and have hit another three-month high in late-morning dealings Wednesday.
Read moreU.S. ISM Non-Manufacturing PMI Falls To 53.5% In January
(Kitco News) – The U.S. service sector, although a bright spot in the U.S. economy, lost momentum last month, according to the latest data from the Institute for Supply Management (ISM).
Read moreAustral Gold Agrees To Acquire Argentex Mining Corp. Shares
Austral Gold Ltd. (ASX: AGD) has agreed to acquire all outstanding shares of Argentex Mining Corp. (TSXV: ATX, OTC PINK: AGXMF) in an all-stock deal, Argentex reports.
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