Gold Market Should Prepare For Positive Employment Report Friday – Analysts
The gold market is starting the fourth quarter above key psychological support but some analysts are not optimistic prices can move higher following Friday’s nonfarm payrolls report for September.
Gold Pushes Above Unchanged, at Session High, on Short Covering, Weaker U.S. ISM Data
Gold prices are trading modestly higher and near their daily highs in late-morning dealings Thursday.
Read moreU.S. ISM Manufacturing Index Falls To 50.2% In September
(Kitco News) – The U.S. Manufacturing sector remains in expansion territory but momentum continued to wane — more than expected — in September, according to data from the Institute for Supply Management.
Read moreSilver Standard Signs Agreement With Golden Arrow For Chinchillas Project
Silver Standard Resources Inc. (NASDAQ: SSRI; TSX: SSO) says it has entered into an agreement with Golden Arrow Resources Corp.
Read moreNorth American Palladium Reduces Workforce, Cuts Output Guidance
North American Palladium Ltd. (TSX: PDL; OTC PINK: PALDD) has cut mining jobs and its outlook for 2015 production in response to weaker metal prices.
Read moreU.S. Weekly Jobless Claims Rise to 277K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 10,000 to a seasonally adjusted 277,000 during the week to Saturday, the Labor Department said Thursday.
Read moreAre Apple’s Record iPhone 6s and 6s Plus Sales Bullish For Gold?
Apple, AAPL, iPhones, iPhone 6s, 6s Plus, tech sector, iPhone sales gold demand, physical gold, World Gold Council.
Read moreGold Weaker, at 2-Week Low, as World Stock Markets Rebounding
Gold is modestly lower and hit a two-week low in early U.S. trading Thursday. It’s a “risk-on” day in the market place, on this first day of October-historically a turbulent month for the stock market.
Comex Gold Range-Bound While All Eyes Remain On Fed – optionsXpress
Gold, which has weakened as of late, was sideways early Thursday as the market awaits Friday’s report on U.S. non-farm payrolls, says MKS (Switzerland) S.A.
A Risk-On Day In The Marketplace Today
Good morning this is the open with Jim Wyckoff. Gold Prices are weaker and hit a two-week low overnight as late-week rallies in world stock markets keep the safe-haven metal bulls on the defensive.
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