OUTLOOK IS NOW LIVE: Will 2016 Be A Game Changer?
(Kitco News) – 2015 has been a rollercoaster year for gold; after starting the year with a bang on global currency debasement fears, negative sentiment has managed to steadily dominate the market.
Read moreCFTC Shows Gold Shorts Backing Off But Not Enough To Keep Bulls Happy – Analysts
Money managers and hedge funds have cut back on short positions in gold after breaking records for two consecutive weeks, according to the latest trade data from the Commodity Futures Trading Commission (CFTC).
Read moreFund Manager: Stocks Of Gold Producers With Hiccups In 2015 Could Outperform In 2016
Shares of several gold-mining companies that were hurt by misfortune in 2015 just might be poised to outperform the rest of the sector in 2016 as they resolve some of their issues, said Dan Denbow, portfolio manager of the USAA Precious Metals and Mine…
Read moreTechnical Trading: Gold Traders, Don’t Get Caught Up In Fed Emotion
Gold prices are little changed in lethargic early Monday morning trade. Trading activity could grind to a halt over the next two days as investors await news from the Federal Reserve’s FOMC meeting, which concludes on Wednesday.
Read moreSteinmann To Succeed Retiring Burns As Pan American Silver CEO
Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) Monday announced that Geoff Burns will retire as chief executive officer on Dec. 31, with Michael Steinmann taking on the role of president and CEO on Jan. 1.
Read moreFed Expected To Start Tightening, but ‘How Gradual Is Gradual?’
Analysts look for the Federal Open Market Committee to hike U.S. interest rates for the first time in nine years this week but for the move to be accompanied by dovish rhetoric.
Read moreBarclays: Global Central Banks To Remain Net Buyers Of Gold
Barclays looks for central banks to remain net buyers of gold, with a similar pace of buying as in the recent past.
Read moreGold Weaker, Silver at 6-Yr. Low, As Nymex Crude Drops Below $35.00
Gold prices are moderately lower in early U.S. trading Monday, once again pressured by the bearish outside markets led by slumping oil prices.
Read moreGold Pressured As Crude Oil Price Continues To Drop
Gold prices are lower To start the trading week, pressured in part by bearishly postured outside markets.
Read moreThe 6PM Recap With Gary Wagner: Chestnuts Roasting And Stockings Full Of Cash
We’re thinking that right now crude oil, which is down 10% on the week, is that body. Plop, plop, crash, shriek, wham, bam. Crude’s reeling downward is affecting everything else in the marketplace, but it is not exactly the prime mover
