Silver Institute: Mint Allocations Reflect Tightness In Silver-Coin Market
An unprecedented allocation of silver coins around the globe reflects tightness in the market for silver coins, the Silver Institute said Tuesday.
Read moreCommerzbank: Speculative Profit-Taking Pushes Gold Prices Lower
Profit-taking by speculators pushed down gold overnight, says Commerzbank.
Read moreGold Pressured by Weak China Economic Data
Gold prices are moderately lower on a corrective, profit-taking pullback from recent gains that saw prices hit a six-week high Monday.
Read moreDownbeat China Economic Data Casts Pall Over Marketplace.
Gold and most world stock markets were seeing selling pressure as the U.S. day session is set to get underway Tuesday.
Read moreThe 6PM Recap With Gary Wagner: Could This Be The Change We’ve Been Looking For In Government Action
Amidst welcome analysis from Bank of America that claims “the next big thing” in stimulus is going to be “massive” infrastructure investment, as well as other positive signs operating, markets tried to turn higher in slow trading today.
Gold Up, Hits 6-Week High, on Near-Term Technical Strength
Gold prices ended a subdued U.S. trading session moderately up and hit another six-week high Monday.
Read moreSpeculators Up Bullish Gold Positioning As 2015 Fed Rate-Hike Expectations Fade – CFTC Data
Money managers increased their bullish bets in both gold and silver futures during the most recent reporting period, according to data compiled by the U.S. Commodity Futures Trading Commission.
Read moreReport: Mitsui To Close Precious-Metals Business At End Of Year
Mitsui & Co. plans to close its precious-metals business in New York and London at the end of the year, according to a report by Reuters, citing unnamed sources. Mitsui declined to comment.
Technical Trading: Gold Jumps To Test Key Line In The Sand For The Bulls
Gold prices surged higher in early trading Monday as follow through buying from last week’s strong close propelled the market to a two-month high.
Read moreCaledonia Mining Reports Rise In Third-Quarter Gold Production
Caledonia Mining Corp. (TSX: CAL, OTCQX: CALVF, AIM: CMCL) reports gold production from its 49%-owned subsidiary, the Blanket Mine in Zimbabwe, rose in the quarter ending Sept. 30.
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