Commerzbank: Gold Held Back In Run-Up To December Federal Reserve Meeting
U.S. dollar strength and expectations for Federal Reserve tightening next month continue to hold back gold prices, says Commerzbank.
Read moreTechnical Trading: Gold Traders, Time To Develop Your Trading Plan
Gold traders get ready for potential fireworks this week. Now is the time to pick your levels and write out your trading plan. There are a bevy of headline events that could rock markets in one direction or another including:
Read moreBarrick: Draft Environmental Impact Statement Filed For Donlin Gold Project
Barrick Gold Corp. (NYSE, TSX: ABX) and Novagold Resources Inc. (TSX, NYSE-MKT: NG) report that the Donlin Gold draft environmental impact statement (DEIS) has been published by the U.S. Army Corps of Engineers.
Read moreGold Slightly Up on Tepid Short Covering, but Prices Not Far Above 5.5-Year Low
Gold prices are posting slight gains on some mild short-covering in the futures market and bottom-picking in the cash market. However, prices are not far above the very recent
Read moreNovember A Dismal Month Of Raw Commodities
Gold Prices are near steady Monday and hovering near last week’s Six-year low.
Read moreThe 6PM Recap With Gary Wagner: Subdued Equity Markets as the Precious Metals Battle to Hold Value
In subdued trading on the post-Thanksgiving half-day session, U.S. equities are managing to eke out some gains in spite of a 3.5% fall of Disney shares. Lower crude oil prices once more dented share prices on the Dow and S&P 500.
Gold Traders To Have Full Plate With Yellen, ECB, U.S. Jobs Report
Thanksgiving may be over in the U.S., but traders will still have a full plate next week.
Read moreWall St. & Main St. Drinking The Same Kool-Aid, Expecting Gold To Rise Next Week
Retail investors and market professionals seemed to have had the same Kool-Aid over Thanksgiving dinner this week as both groups remain optimistic on gold prices next week, according to Kitco’s weekly Wall St. vs. Main St. survey results.
Read moreKitco Currency Charts: Gold Falls in Most Currencies Over Last 30 Days
Gold has been under pressure as markets anticipate a U.S. interest rate rise next month, with prices falling near a six-year low in U.S. dollar terms.
Read moreGold-Mining Stocks Mostly Higher In Run-Up To U.S. Thanksgiving
Shares of most gold- and silver-mining companies traded in North America were stronger during the early part of the week in the run-up to the U.S. Thanksgiving holiday.
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