The 6PM Recap With Gary Wagner: Watching The River Of Crude Oil. Does Anyone Know The Real Story? Ask Putin.
One would think that in the day and age of computers, apps, continuous information feedback loops and other electronic means that keeping track of domestic U.S. oil supplies wouldn’t be that hard.
Gold Firmer, Hits 2-Week High; Technicals Continue to Improve
Gold prices ended a choppy, two-sided trading session modestly higher Wednesday. Prices notched another two-week high as bulls are building upon their recent technical momentum.
Read moreGerman Central Bank Accounts For All Its Gold In 2,300 Page Document
Questions over Germany’s gold reserves and whether they exist or not can now be put to rest after a massive data dump from the nation’s central bank.
Gold To Suffer By Year-End, 2016 Due To U.S. Rate Hikes – Top Gold Forecaster
As market volatility continues with expectations of a 2015 U.S. interest rate hike still up in the air, one analyst — deemed one of the most-accurate precious metals forecasters — gives his year-end and 2016 forecasts for gold, which aren’t quite bullish.
Franco-Nevada, Teck Resources Announce Silver-Stream Agreement
Franco-Nevada Corp. (TSX, NYSE: FNV) and Teck Resources Ltd. (TSX, NYSE: TCK) report that the companies and their subsidiaries have reached a long-term silver-stream agreement for the Antamina mine.
Read moreGold Backs Off on Some Profit Taking from Recent Gains
Gold prices have lost their moderate early gains as traders decide to book some profits following recent good gains that saw the market hit a two-week high overnight.
Read moreVote Now In The Kitco Weekly Gold Survey
Have your say! vote now in the Kitco News Wall Street vs Main Street Weekly Gold Survey.
Read moreWaning Fed Expectations Pressuring U.S. Dollar Index – optionsXpress
The U.S. dollar has been under pressure in recent days after Friday’s weaker-than-forecast U.S. nonfarm payrolls report led to a belief among many traders that the Federal Reserve will not raise interest rates in 2015, says optionsXpress.
Coeur Mining Reports Higher Year-On-Year Third-Quarter Production
Coeur Mining, Inc. (NYSE: CDE), a top-10 silver producer, posted preliminary third-quarter output of 9 million silver-equivalent ounces, up from 8.2 million in the same period of 2014 although down slightly from 9.1 million in the second quarter.
Gold Up as Bulls Continue to Gain Technical Momentum
Gold prices are moderately higher and hit a two-week high in early U.S. trading Wednesday.
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