Gold Futures Drift Lower With Oil In Quiet Holiday-Thinned Trading
(Kitco News) – Gold futures eased with crude oil Monday in a quiet holiday-thinned trading session, during which the yellow metal held in a narrow trading band.
Read moreMetals Focus’ Newman: Gold To Recover Now That Uncertainty About Fed Tightening Removed
(Kitco News) – Metals Focus looks for gold prices to tick higher in 2016 now that the Federal Reserve has removed much of the market uncertainty by hiking interest rates for the first time in nearly a decade, said Philip Newman, director of the consul…
Read moreFund Your Gold Positions With Euros & Yens, Not Dollars In 2016 – Analysts
(Kitco News) – Gold continues to struggle, especially in U.S. dollar terms, with many analysts expecting the price to fall below $1,000 an ounce next year. However, some analysts point out that if investors focus on gold in other currency terms, they’d be a little more optimistic.
Beware Of Thin, Volatile Holiday Conditions
(Kitco News) – Gold prices slipped lower in trading Monday, amid weakness in the crude oil market following three sessions of gains in the oil contract.
Read moreChinese Archeologists Discovery Largest Cache Of Han Dynasty Gold Coins
(Kitco News) -Archeologists in China definitely have something to celebrate this holiday season as the largest cache of ancient Chinese coins dating back to the Han Dynasty continues to pile up
Read moreMoffett Becomes ‘Chairman Emeritus’ Of Freeport; Ford Non-Executive Chairman
Freeport-McMoRan Inc. (NYSE: FCX) announces that James R. Moffett, chairman of the board, co-founder, and long-time executive, will step down from the board of directors and as executive chairman.
Read moreGold Futures Drift Lower With Oil In Quiet Holiday-Thinned Trading
(Kitco News) – Gold futures eased in light trading Monday morning, dragged down by weakness in crude oil amid worries about the health of the global economy, analysts said.
Read moreFederal Reserve On Diverging Path With ECB, BOJ
(Kitco News) – Heading into 2016, the monetary policy outlook finally shifted in the United States. In mid-December the U.S. Federal Reserve hiked interest rates for the first time since 2006.
Read moreTraders Expect Range-Bound Gold During Holidays, Unless Major Geopolitical Crisis Emerges
Analysts look for the gold market to stay within its recent trading range between Christmas and New Year’s Day, although they caution there is also potential for an outsized move should there be any breaking geopolitical news that impacts markets.
CME Group To Reduce Margins For Comex Silver Futures
CME group is cutting the margin requirement for silver futures on the Comex division of the New York Mercantile Exchange.
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