TD Securities Upgrades Gold Forecasts For Coming Quarters
TD Securities has upgraded some of its gold forecasts on expectations that the Federal Open Market Committee will push back the start of monetary tightening in the U.S.
Read moreGold Hits 6-Week High on Bullish Outside Markets, Technical Buying
Gold prices are higher and hit another six-week high in early U.S. trading Monday.
Read moreThe 6PM Recap With Gary Wagner: A Strong Week Stumbles A Bit At The Hands Of Profit Takers
While Monday is not an “official” trading holiday, look for traders in New York to treat it as such. Junior crews will be working the desks while senior traders take a three-day weekend.
Smaller Factors Could Have Big Impact On Gold Next Week – Analysts
The timing of the Federal Reserve’s first interest rate hike in more than nine years and a weaker U.S. dollar will be major drivers for the gold market next week, but analyst also note a variety of smaller factors that could impact prices in the near-term.
Confessions of a Gold Analyst: Why Most Don’t Understand How To Use Sentiment
Have you ever walked on the street and noticed others looking up to the sky? What did that cause you to do? Of course, you probably looked up.
Sentiment Is Shifting; Wall Street, Main Street Bullish On Gold Next Week
Robust positive sentiment in the gold market could lead to higher prices and a test of major near-term resistance points next week, according to Kitco News’ Wall Street vs. Main Street Gold Survey.
Natixis Sees Gold Averaging $990 In 2016, Pressured By U.S. Interest Rates, Dollar
Natixis sees gold prices averaging $990 an ounce in 2016 on expectations for higher U.S. interest rates and strength in the U.S. dollar, the French bank said in a report released Friday.
Read moreMost Mining Shares Rise; First Quantum Soars As Financial Measures Announced
Mining companies had a good week overall, with shares of roughly one-third that are traded on North American exchanges posting a double-digit percentage gain for the week as of Thursday’s close.
UBS Sees Gold Averaging $1,250 In 2016; Any Weakness ‘Unlikely To Be Sustained’
UBS looks for gold prices to rebound into next year as real interest rates remain subdued compared to past cycles, maintaining its call for the metal to average $1,250 an ounce in 2016.
Read moreGold Up, Hits 6-Week High, On Dovish FOMC Minutes, Bullish Outside Markets
Gold prices are moderately higher and hit a six-week high in early U.S. trading Friday.
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