While Gold is Shining, EM Assets Suffer Most from Market Turmoil
While gold may be reaping the benefits of the market turmoil, the volatility in global financial markets has had a “disproportionate” impact on emerging markets, said research firm, Capital Economics.
Trump Wrong On Err…..Many Things, According to Dennis Gartman
Famed newsletter writer and gold supporter Dennis Gartman says he is â??dismayedâ? that GOP frontrunner Donald Trump has expanded his leads in both Iowa and New Hampshire.
Hedge Funds Reduce Silver Short Bets By 50% But Still Not Major Buyers – CFTC
(Kitco News) – The latest trade data suggests that all the excitement in the precious metals market was in silver last week as the U.S. Commodity Futures Trading Commission showed silver short positioning fell by more than 50%.
Read moreEven If Fed Raises Rates, Still On Easing Track – Currency Wars’ Jim Rickards
Despite recent market volatility, the Fed is still on track to raise interest rates says bestselling author Jim Rickards.
Read moreFive Reasons RBC Capital Markets Is Positive On Gold
As investors continue to questions whether or not gold’s recent upswing can be sustainable, analysts from one bank say there are five reasons they maintain their positive investment thesis for the metal.
Harmony: Gold Output Rises For Third Straight Quarter
Harmony Gold Mining Co. (NYSE: HMY) reports that gold production for the quarter ending in December increased for the third consecutive quarter.
Read moreWeaker Economic Output Could Boost Demand For Gold In Russia
Weaker oil prices and crippling economic sanctions saw the Russian economy shrink last year at its fastest pace since the global financial crisis.
Read moreKitco Technical: Turbulent 2016 Start Has Silver Lining For Gold
What a start to 2016: U.S. stocks plunged over 10% in a panicked and swift correction that may or may not be over.
Read moreEldorado Warns Of Potential Impairment, Lists 2015 Output Above Guidance
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) reported Monday that 2015 output exceeded guidance but that the company is facing a potential impairment charge of more than $1 billion to write down assets in Greece, where Eldorado has been in a fight with th…
Read moreGold Higher on Safe-Haven Buying, Improving Technical Posture
Gold prices are higher and have pushed back above $1,100.00 in early U.S. trading Monday. Some fresh safe-haven demand is featured amid the recent shaky world stock markets.
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