Gold Extends Losses Following Upbeat U.S. Economic Reports
Gold prices are solidly lower and near their daily lows in late-morning trading Tuesday.
Read moreU.S. New Home Sales Rise 5.4% In July
Kitco News reports on U.S. new home sales numbers for July
Read moreU.S. Consumer Confidence Rises To 101.5 In August
Kitco News reports on the U.S. conference board consumer confidence Index for July
Read moreRomarco: Haile Construction Is On Schedule And Within Budget
Romarco Minerals Inc. (TSX: R) says construction at its Haile Gold Mine in South Carolina is on budget and on schedule.
Read moreWGC’s Hewitt: Gold Plays Role As Hedge Against Financial, Currency Weakness
The World Gold Council is highlighting the role of gold as a safety hedge after the metal rose against the U.S. dollar recently while stocks and commodities fell. “Gold has been a wealth preservation tool for centuries as it is an effective hedge again…
Read moreGold Weaker As Risk Appetite Returns… For Now
Gold is modestly lower in early U.S. trading, as investor risk appetite has quickly returned to much of the market place on this â??Turnaround Tuesday.â? Most European and U.S. stock markets have rebounded strongly from their drubbings on Monday.
Risk Appetite Returns To Marketplace Tuesday
Good morning this is the open with Jim Wyckoff. Gold Prices are seeing some modest selling pressure as risk appetite has quickly returned to much of the market place on this “Turnaround Tuesday.”
Read moreThe 6PM Recap With Gary Wagner: In The Short And Middle Term, It’s About China With Oil Hot On Its Heels
At 12 PM in New York, markets seemed to be righting themselves after an indescribably volatile overnight session in China and then Europe that bled over to Wall Street
Read moreGold Sees Net Long Positioning On Short Covering; Silver Remains Net Short – CFTC
(Kitco News) – An exodus of short bets, among money managers, in the gold futures has helped the market shed its net short positions; however, silver is still unable to attract investors, according to the latest data from the Commodity Futures Trading…
Read moreGold Ends Weaker, But Tugged by Competing Market Forces
Gold prices ended the U.S. futures trading session modestly lower in a wild trading day in the market place Monday—although the gold market did not see high volatility.