Eldorado 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.
Read moreGold “Weathered” The Storm – Dennis Gartman
According to newsletter writer and famed economist Dennis Gartman, gold managed to fight off the Friday blues. “Gold weathered the usual storm that all-too-often has plagued the gold market on Friday’s,” he says.
Gold Lifted As U.S., European Stock Markets Under Pressure
Gold Prices are higher in early U.S. dealings, on some fresh Safe-haven demand and an improving chart posture.
Read moreThe 6PM Recap With Gary Wagner: The Market Equivalent Of The Classic Flick Jaws
“Just when you thought it was safe to go back in the water…” That was the famous advertising slogan for the classic sea behemoth mega hit, Jaws.
Dovish Fed, Market Turmoil To Help Gold Next Week – Analysts
(Kitco News) – Renewed market volatility and the Federal Reserve’s tone following its first monetary policy meeting of the year should help to push gold prices higher next week, this according to market analysts.
Gold Doing Exactly What It Should Be Doing Right Now: Axel Merk
Gold has been doing exactly what it should be doing, says Axel Merk of San Francisco-based Merk Investments.
Read moreDid Trump Plug Gold In Latest GOP Debate?
Based on a recent MarketWatch op-ed, gold may want Donald Trump to win the U.S. presidency.
Read moreWith Record Votes, 82% Of Retail Investors Bullish On Gold Next Week – Kitco Gold Survey
In the first month of trading, gold has been one of the best performing commodities and a strong majority of both retail investors and market professionals expect the rally to continue, according to the latest weekly Kitco News Wall Street Vs Main Stre…
Read moreWhy Investors Should Still Believe In Gold – ADM Investor Services
Although the equity-market volatility, which has helped boost gold prices, seems to have calmed Friday, analysts at one futures firm say there still is a bullish case for the yellow metal, especially when looking at demand.
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