Gold Up, Hits 3-Month High, As Bulls Continue To Gain Momentum
Gold prices ended the U.S. day session higher and poked to a three-month high Monday. Continued safe-haven demand and technical buying interest are featured in the yellow metal so far this year.
Read moreGold And Silver Outperforming, Attracting Hedge Funds, Money Managers – CFTC
After taking a bit of a break, hedge funds and money managers are starting to wade deeper into gold waters, according to the latest data from the U.S. Commodity Futures Trading Commission.
Read moreGold Coin Sales Soar 53% in January – U.S. Mint
As investors flocked to gold in search of a safe haven amid market turmoil, coin sales soared last month, according to the latest U.S. Mint data.
Read moreU.S. ISM Manufacturing Index Falls to 48.2% In January
Kitco News reports on the U.S. ISM Purchasing Managers Index for January
Read moreGold Up 6% For The Year, Now What?
It’s been a good start to the year for gold, with the market up nearly six percent in the past month. Uncertainty over the state of global growth, equity market volatility and general safe-haven demand have supported solid gains in the gold market.
Read morePeak Supply Won’t Really Help Gold Price – Gabelli
With more talks of peak production being reached in the gold mining sector, the consensus seems to be that declined supply should support gold prices; but, one manager of a major gold fund says that might not be the case.
Read moreStillwater Mining Employees Ratify Four-Year Labor Contract
Union employees at the Stillwater Mining Co. (NYSE: SWC) Stillwater Mine and Columbus processing facilities have ratified a new four-year labor agreement, the company reports.
Read moreGold Up On More Safe-Haven And Chart-Based Buying
Gold prices are moderately higher in early U.S. trading Monday, on continued safe-haven demand and technical buying interest. The market price is not far below last week’s nearly three-month high.
Citi: Strongest Equity-Gold Relationships Occur During Risk-Off Periods
The correlation between gold and equities tends to be highest during risk-off periods, says Citi Research. That has been the case for much of 2016 so far, with equities weaker in a mostly risk-off environment but gold higher.
Read moreGold Up On More Safe-Haven And Technical Buying
Gold prices Are moderately higher to start the trading week, on more safe-haven and chart-based buying Interest.
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