U.S. Weekly Jobless Claims Rise By 20K To 287K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 20,000 to a seasonally adjusted 287,000 during the week to Saturday, the Labor Department said Thursday.
The 6PM Recap With Gary Wagner: Rate Increase Speculation And Oil Dominate Year End Fundamental Picture
With very little else happening to give the equities fundamental direction, crude stepped in and influenced the U.S. and European bourses.
Read moreGold Futures Slide As Crude Oil Declines, Dollar Index Rises
Gold futures were knocked down to nearly a two-week low Wednesday by moves in outside markets, as crude oil futures fell sharply while the U.S. dollar rose.
Read moreTrading Activity In Gold And Silver Jump As Prices Slump In November – LBMA
Trading volume for gold and silver was strong in November as priced weakened, according to the latest monthly trading stats from the London Bullion Market Association (LBMA).
Read moreU.S. Pending Home Sales Fall 0.9% in November
Kitco News reports on the National Association of Realtors’ pending home sales index for November
Read moreSilver Won’t Be Fantastic, But Is Expected To Outperform Gold In 2016 – Analysts
Analysts warn that silver investors could experience another wild ride with high volatility in 2016; however, the precious metal could end up outperforming gold next year as the U.S. and global economies stabilize and grow, improving the metal’s industrial outlook.
Gold Declines Amid Dollar Strength, Weakness In Crude Oil
Gold futures fell to their lowest level in nearly two weeks Wednesday on a combination of U.S. dollar strength, weaker crude oil and year-end squaring activity, analysts said.
Read moreSlow Fed Rate Hikes Could Be Good For Gold In 2016 – iiTrader
The gold market will be at the mercy of the Federal Reserve in 2016 according to commodity strategists at iiTrader but this could be a positive scenario.
Read moreREPEAT: Close Enough To a Bottom, Gold Best Alternative For Investors – Doug Casey
As markets digest this week’s Fed meeting and first interest rate hike in nine years, one veteran investor says he’s still rooting for gold. Doug Casey,
Gold Futures Inch To Lower End Of Narrow Range As Crude Oil Suffers
Gold futures remain in a narrow range but nevertheless have inched down to their lowest level in more than a week largely due to weakness in crude oil futures and also as the dollar index edges higher, analysts said.
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