Gold-Mining Shares Mostly Higher; St Andrew Jumps After Merger News
Most shares of gold- and silver-mining companies that traded in North America had a good week as the price of the metals themselves stabilized, with one of the biggest winners being St Andrew Goldfields Ltd., after news that the company was being bough…
Read moreWhy Current Commodity Bust Cycle May Be Different Than Before? China, Says One Harvard Professor
The current commodity bust is in its fourth year, and although past commodity-price downtrends have lasted on average seven years, one Harvard professor says it may be a different this time because of one major economy — China.
Read moreGold Firmer On Some Safe-Haven Demand, Corrective Rebound
Gold prices are moderately higher in early U.S. trading Friday, on some safe-haven buying interest amid a developing terror event in West Africa.
Read moreStill Hard To Call Bottom For Commodities – Triland Metals
Although gold and other commodity prices saw a push higher Friday morning, it was short-lived, say analysts from Triland Metals in a research note.
Read moreGold Sees Some Safe-Haven Demand On Mali Terror Attack
There is another terror event unfolding today, this time in Mali. Reports said around 10 attackers have dozens-up to 170 at one point–of hostages held hostage at a luxury hotel in the West African country.
Read moreThe 6PM Recap With Gary Wagner: A Slight Readjustment and Retrenchment in Most Markets Although Oil Lags and Gold Rallies
Many of the major trends in markets that we have been watching closely turned around today, although we feel that the shift is more in the way of consolidation than a strong change of sentiment.
Read moreGold Bounces on Short Covering, Bargain Buying and Weaker U.S. Dollar Index
Gold prices on Thursday extended their slight, early gains and finished the U.S. day session moderately higher.
Read moreGold Shows Signs Of Stabilizing; Expected Fed Rate Hike Already Factored Into Prices
he gold market has pretty much factored in tightening by the Federal Reserve next month, meaning much of the bearish news is now “baked in the cake” and prices can start to stabilize in the short term, or at least the pace of the decline will slow, analysts and strategists say.
Gold Rebounds on Short Covering, Bargain Hunting, Weaker U.S. Dollar Index
Gold prices have extended their slight, early gains and are trading moderately higher in late-morning dealings Thursday.
Read morePhiladelphia Fed Manufacturing Index Rises To 1.9 In November
The headline index for a survey of manufacturers in the Philadelphia area improved slightly in November, according to a report released Thursday.
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