U.S. Housing Starts Fall 2.5% To 1.149 Million Units In December
U.S. housing starts fell 2.5% in to a seasonally adjusted annual rate of 1.149 million units during December, the Commerce Department said Wednesday.
Read moreU.S. Consumer Price Index Falls 0.1% During December
Consumer prices in the U.S. decreased by a seasonally adjusted 0.1% during December, the Labor Department said Wednesday.
Read moreGold Pushes Above $1,100 on Safe-Haven Buying as Risk Aversion Quickly Returns to Marketplace
Gold prices are posting good gains in early U.S. trading Wednesday and have poked above $1,100.00 on renewed safe-haven demand.
Read moreWhat’s Next: Equity Turnaround or Gold Rally? – Mitsubishi
Gold prices rallied Wednesday as the Dow tumbled to multi-year lows and Nymex crude futures dropped to another 12-year low below $27 a barrel.
Read moreGold Boosted On Safe-Haven Demand Amid Heightened Risk Aversion
Gold is seeing renewed safe-haven demand and prices are trading moderately higher this morning.
Read moreThe 6PM Recap With Gary Wagner: From Carousel To Roller Coaster Have Your Tickets Ready
What are the tealeaves saying fundamentally? The huge number of signals, cross signals, coded messages, encrypted ideas and so forth make it very difficult to come to a clear understanding.
Read moreGold Slightly Pressured By Less Risk Aversion in Marketplace So Far This Week
Gold prices ended the U.S. day session modestly lower Tuesday, on some profit taking amid an increase in risk appetite among traders and investors early this week.
Read moreWhy Did the IMF Trim Its Growth Forecast For 2016?
Markets seem to have calmed from the volatility seen during the first two weeks of the year. However, concerns over global growth are present, and the International Monetary Fund still sees potential for a slowdown, having recently cut its forecasts fo…
Read moreGold At ‘Absolute Inverse Relationship’ To Equities, Could Move Higher – iiTrader
Gold remains in a consolidation pattern between the $1,084.90–1,085.20 levels, note analysts from Chicago-based iiTrader.
Peter Hug’s Precious Metals’ Outlook for Q1
The outlook for precious metals in the first quarter of 2016 is mixed as a number of macro forces converge. Arguments can be made for both a bullish and bearish case.
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