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Gold Down amid Bearish Outside Markets and as Risk Appetite Returns to Marketplace

Gold prices ended a quieter U.S. day session modestly lower, pressured by bearish outside markets on this day that saw the U.S. dollar index higher and hit a seven-month high.

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HSBC Analysts Look For Gold To Average $1,205 Per Ounce In 2016

HSBC looks for a recovery in gold prices next year, maintaining forecasts for the metal to average $1,205 an ounce in 2016 and $1,300 in 2017.

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Sales Of New U.S. Homes Rise 10.7% To Rate Of 495,000 In October

Purchases of new U.S. single-family homes rose by 10.7% to a seasonally adjusted and annualized pace of 495,000 in October, according to a Commerce Department report Wednesday.

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Goldcorp Completes Two Transactions Connected To El Morro Project

Goldcorp Inc. (TSX: G, NYSE: GG) announces the completion of a pair of previously announced transactions.

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U.S. Mint: 2015 American Eagle One-Ounce Gold Bullion Coins Sold Out

The U.S. Mint has sold out of 2015-dated American Eagle one-ounce gold bullion coins, with no plans to produce any additional ones at this time, officials reported late Tuesday.

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U.S. Orders Of Durable Goods Rise By 3% During October

Orders for durable goods in the U.S. rose by 3% during October, the Commerce Department reported Wednesday.

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U.S. Weekly Jobless Claims Fall 12,000 To 260,000

First-time weekly jobless claims in the U.S. fell by 12,000 to a seasonally adjusted 260,000 during the week to Saturday, the Labor Department said Wednesday.

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Gold Slightly Lower Amid Bearish Outside Markets

Gold prices are down slightly in early U.S. trading, pressured by bearish outside markets on this day that see the U.S. dollar index higher and hitting a seven-month high overnight. Meantime, Nymex crude oil prices are weaker and trading not far above this week’s three-month low.

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U.S. Mint: Sales of 2015 American Eagle Platinum Proof Coins Begin Dec. 3; No Bullion Coins Planned For 2015

The U.S. Mint says it will begin sales of 2015-dated American Eagle platinum proof coins on Dec. 3, setting the mintage level at 4,000.

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Less Risk Aversion In Markets Today

Gold prices are trading near steady in early U.S. Trading.

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