Gold Market Will Continue To Wait For the Fed; Rate Hike Not Off The Table– Analysts
A shortened trading week, due to the Labor Day Monday, will add uncertainty to the marketplace as investors wait one more week before the much anticipated Federal Reserve monetary policy meeting.
Read moreConfessions of a Gold Analyst: Fear Mongering About Our Banking System – Part 1
As we head deeper and deeper into this correction in the gold market, I am seeing more and more fear mongering in the media, which suggests to people that they must buy gold now. Specifically, I have seen so much misinformation about our banking system that I felt compelled to write an article on the matter so that people can make informed decisions about how to protect themselves rather than be scared into buying gold for the wrong reasons.
Eight Key Facts About The U.S. Labor Market – Pew Research
The saying ‘the devil is in the details’ was never more relevant than with the August employment report, and one Washington-based research firm dug even deeper by looking at key data on the average American worker in today’s labor market.
Kitco Weekly Survey: Gold Market Muddy With No Clear Direction Next Week
(Kitco News) – Uncertainty is expected to continue to grip the gold market during next week’s shortened trading period, with no clear direction for prices among retail investors and market professionals, according to the latest Kitco News Wall Street vs. Main Street Gold Survey.
Most Mining Shares Post Declines Taking Cues From Gold Price
Shares of precious-metals mining companies traded in North America were mostly lower during the first four days of the week.
Read moreGold Sees Modest Selling Pressure in Wake of U.S. Jobs Report
Traders and investors have had a couple hours to digest the latest U.S. jobs report, which was a mixed bag for the marketplace.
Read moreGold May Try Sub $1,100 Once Again – Triland Metals
King Salman bin Abdulaziz of Saudi Arabia is in Washington this week for his first White House meeting with President Barack Obama, and the King is making sure his lavish lifestyle follows him to the U.S. Arlington-based Politico reported Thursday that…
Read moreGold Slightly Up as Marketplace Digests U.S. Jobs Data
Gold prices are firmer in early U.S. trading Friday, following a U.S. employment report that was weaker-than-expected on the headline number, but still upbeat on the rest of the internals of the report. December Comex gold was last up $2.40 at $1,126.9…
Read moreU.S. Economy Creates 173K Jobs In August
Kitco News reports on U.S. nonfarm payrolls data for August
Read moreMarketplace Anxious Ahead Of U.S. Jobs Report.
World stock markets are also lower Friday morning as some risk aversion is back in the marketplace, on uncertainty just ahead of the most important economic data point of the week, if not the month and the summer: the U.S. jobs report for August. China…
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