Gold Modestly Up, at Daily High in Late-Morning Trading, On Short Covering, Bargain Hunting
Gold prices have moved up from moderate overnight losses to trade modestly higher in mid-morning U.S. dealings Wednesday.
Read moreGold Trades Near Steady After Weaker Overnight Action
Gold prices have moved up from moderate overnight losses to trade near steady in early U.S. dealings Wednesday.
Read moreGold Could Move Back To $1,100 But Softer Prices Ahead – Triland Metals
Despite gold’s bounce above $1,100 last week, analysts at Triland Metals say they expect prices to weaken.
Gold Weaker On Improved Investor Risk Appetite, Firmer U.S. Dollar Index
Gold prices are moderately lower Wednesday on some more profit-taking and weak long liquidation. At mid-week investor risk appetite has up-ticked, which is a negative for the safe-haven yellow metal.
Read moreMcEwen Mining Announces Record Production For 2015
McEwen Mining Inc. (NYSE, TSX: MUX) had record production in 2015, reporting a 22% increase year-over-year to 154,529 gold-equivalent ounces.
Read moreBetter Risk Appetite In Marketplace At Mid-Week
Gold prices are seeing some more selling pressure
Read moreThe 6PM Recap With Gary Wagner: Everybody Has To Hop Onto The Seesaw
Now the reason is oil, oil and more oil. Oceans of the stuff, rivers, lakes, streams. It’s a far cry when, sometime around 1975 it was predicted the whole planet would be out of oil by 2005.
Former Fed Chief Bernanke Comments on ‘Audit the Fed’ – Brookings Institute
“Audit the Fed” is back in the spotlight, with the U.S. Senate set to vote on a bill to do an audit on the Federal Reserve’s assets next week. The last Fed chairman points out the bill might not actually be about auditing the central bank at all. Former Chairman Ben Bernanke is not too happy about it, either.
Gold Sinks On Bearish Outside Markets, Improving Risk Appetite
Gold prices ended the U.S. day session moderately lower Tuesday on more profit-taking and chart consolidation following recent gains that saw prices hit a two-month high late last week. Bearish “outside markets” also weighed on the precious metals today, as the U.S.
Time For A Gold Standard in China? – Bloomberg Intelligence
As global markets sit on the sidelines of what seems to be the China show, with its currency – the yuan – being the star of the show, analysts at Bloomberg Intelligence explore the possibility of a gold standard in the country.