Mitsubishi’s Butler: Pace Of U.S. Rate Hikes To Be Key For Precious Metals
The performance of precious metals in 2016 will strongly depend on the pace of increases in U.S. interest rates, which in turn impacts the U.S. dollar and the environment for Treasury yields, says Jonathan Butler, precious-metals strategist with Mitsub…
Read moreGold Supported On Safe-Haven Demand Amid Anxious World Markets
Gold prices are higher on safe-haven demand Monday as there is anxiety in the marketplace to start the trading week and the new trading year. World stock markets are under selling pressure partly due to rising tensions in the Middle East. Saudi Arabia …
Read moreGold Traders To Resume Eyeing Data For Clues On Fed; Money Flows To Be In Focus
(Kitco News) – When gold traders return in the New Year next week, they are likely to focus most heavily on the same factor that captured the market’s attention for much of 2015 – Federal Reserve monetary policy.
Retail Investors Better than .500 When Predicting Gold’s Short-Term Trend In 2015
(Kitco News) – 2015 has been a wild ride for the gold with sentiment being a significant force in the marketplace, which is something retail investors have been relatively effective at predicting, according to year-end results of the weekly Kitco News…
Read more2016: The Big Turnaround For Tech Metal Prices? Part 1: Precious Metals
2015 was not a good year for technology metals. Markets around the world saw prices for precious metals, rare earth elements and strategic metals deteriorate to the point where costs exceeded price, and mines began to falter.
Read moreKitco 2016 Outlook Survey: One-Third Of Retail Investors See Little Hope For Gold; Price To End 2016 Below $1,000 An Ounce
(Kitco News) – The gold market is ending its third consecutive year in negative territory and while there is still some optimism in the marketplace as the majority of online participants look for gold to rise next year, nearly a third are so pessimist…
Read moreTurn-Around Year For Gold As Fundamentals, Low Interest Rates Support Market – GLD Marketing Agent
(Kitco News) – The gold market is preparing to end the year close to its lowest point in six years; however, one market analyst is confident that prices should recover enough in 2016 to retest the top of its long-term range.
Read moreChicago PMI Falls Deeper Into Contraction Territory In December To 42.9
(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, fell farther into contraction territory to a reading of 42.9 in December, according to a report released Monday.
Read moreRickards: Fed, USD, Inflation To Have Biggest Impact On Gold In ’16 – Invest Like The Experts Series
As part of our Outlook coverage, Kitco News talks to some of the best known names in the industry to share insights for the year ahead.
Read moreGold Futures Touch Nearly Two-Week Low, Headed For Third Straight Annual Loss
(Kitco News) – Gold futures have been in a narrow range so far Thursday but nevertheless hit their lowest level in nearly two weeks and are also headed for their third straight year of annual losses.
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