MLK Day ‘Uneventful’ For Gold; Breakout Needed To Determine Next Move: Triland Metals
Despite gold’s rebound last week, analysts at Barclays still expect prices to move lower this year. In the bank’s weekly Gold Delta report, the analysts say that signs of stabilization in China have reduced the yellow metal’s safe-haven allure.
The 6PM Recap With Gary Wagner: Here’s How Bad It Got Today
The award for best performance of a leading stock index was given to the Nikkei. It was down today “only” 0.54%. Worst on the day was Shanghai, which was off 3.5%.
Gold Provides Most Returns For Investors: Mid-Jan ’16 Score Card
As financial markets look to close the second week of the new year, gold and silver get ready to post gains, while stocks continue in a downtrend.
Read moreGold Provides Most Returns For Investors: Mid-Jan ’16 Score Card
As financial markets look to close the second week of the new year, gold and silver get ready to post gains, while stocks continue in a downtrend.
Read moreGold Traders To Monitor Equities, Crude Oil, U.S. Data For Clues On Price Direction
All eyes in the gold market will be on global equities and crude oil next week as traders watch to see if these markets continue to collapse, thereby lending a safe-haven bid to gold.
Read moreOptimism For Gold Next Week As Metal Pops Friday – Kitco’s Weekly Survey
A volatile week for gold, to say the least, and investors seem to be more optimistic on the yellow metal for next week, this according to Kitco News’ weekly Wall St vs. Main St survey.
Mining Stocks Slide This Week With Gold; Greek Standoff Hurts Eldorado
Mining stocks for producers of precious metals took a hit during the first four days of the week as the prices of gold and silver fell, with shares of Eldorado Gold Corp. also hurt by the continuing showdown with the Greek government.
Read moreU.S. Producer Price Index Falls 0.2% During December
Producer prices for finished goods in the U.S. decreased by a seasonally adjusted 0.2% during December, the Labor Department said Friday.
Read moreU.S. Retail Sales Decrease 0.1% in December
Retail sales in the U.S. decreased by 0.1% during December, the Labor Department said Friday.
Read moreEmpire State Manufacturing Index Falls To -19.4 In January
The Empire State manufacturing survey shows business conditions in New York worsened significantly in January, after having declined for five consecutive months, the New York Federal Reserve said Friday.
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