Gold Traders To Have Full Plate With Yellen, ECB, U.S. Jobs Report
Thanksgiving may be over in the U.S., but traders will still have a full plate next week.
Read moreWall St. & Main St. Drinking The Same Kool-Aid, Expecting Gold To Rise Next Week
Retail investors and market professionals seemed to have had the same Kool-Aid over Thanksgiving dinner this week as both groups remain optimistic on gold prices next week, according to Kitco’s weekly Wall St. vs. Main St. survey results.
Read moreKitco Currency Charts: Gold Falls in Most Currencies Over Last 30 Days
Gold has been under pressure as markets anticipate a U.S. interest rate rise next month, with prices falling near a six-year low in U.S. dollar terms.
Read moreGold-Mining Stocks Mostly Higher In Run-Up To U.S. Thanksgiving
Shares of most gold- and silver-mining companies traded in North America were stronger during the early part of the week in the run-up to the U.S. Thanksgiving holiday.
Read moreCommerzbank: Chinese 2015 Gold Imports From Hong Kong Could Top 2014
Commerzbank sees potential for China’s 2015 gold imports from Hong Kong to top last year’s total despite a weaker October.
Gold Sinks to 5.5-Year Low Amid Bearish Outside Markets, More Technical Selling
Gold prices are solidly lower and hit a fresh 5.5-year low in early U.S. trading Friday. Gold and silver prices are once again pressured by bearish outside markets on this day– the U.S. dollar index higher and trading near this week’s seven-month high.
China Stock Market Hammered On Suspected Fraud
Gold prices are lower and hovering near the recent Contract and 5.5-year low.
Read moreDespite Lower Import Data, China & India Gold Buying To Rise – Capital Economics
Mainland China’s gold imports from Hong Kong fell in October after having increased in the three previous months, according to the latest data released from the Hong Kong Census and Statistics Department Thursday.
Goldcorp Reports Fatality At Musselwhite Mine In Ontario
Goldcorp Inc. (TSX: G, NYSE: GG) reports a fatal accident occurred at its Musselwhite mine in northern Ontario.
Read moreThe 6PM Recap With Gary Wagner: No Surprises For Gold And Crude Headed Into Weekend As S&P Stays Quietly Firm
No one wants a headache on a holiday. Generally then, traders and investors slip out the side door early, especially the movers and shakers.
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