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Short-Term Sentiment Shift For Gold, But Selling Pressure Ahead – Triland Metals

Although gold has gained momentum over the course of the week on the back of Chinese yuan weakness, analysts at Brown Brothers Harriman say that prices may turn lower.

A.M. Kitco Metals Roundup: Gold Weaker As Risk Aversion Wanes

Gold prices are moderately lower in early U.S. trading Thursday, after poking to a four-week high in overnight action. World markets are calmer Thursday morning and showing much less risk aversion than the previous two days.

WGC: 2Q Gold Demand Falls To Six-Year Low; Future Prospects More Encouraging

World gold demand fell to a six-year low of 914.9 metric tons in the second quarter, a decline of 12% from the same period a year ago, the World Gold Council (WGC) reported Thursday.

Market Place Calmer So Far Thursday

(Kitco News) – Markets are calmer Thursday morning and showing much less risk aversion than the previous two days. World stock markets are rebounding and safe-haven assets gold and U.S. Treasuries are seeing selling pressure.

Silver Wheaton CEO: Streaming Opportunities ‘Better Than What We Have Ever Seen’

(Kitco News) – The lower price environment for precious metals in recent months has made this one of the best times ever for companies in the streaming business, said the chief executive of Silver Wheaton Corp. (TSX, NYSE: SLW) Wednesday.

China Yuan Move Was Expected And More Surprises To Come – Trends Expert

NEW YORK (Kitco News) – While the move by China to devalue its currency shook the financial world, one trends forecaster said he was expecting it, and a global market meltdown is next.

Silver Wheaton CEO: Streaming Opportunities ‘Better Than What We Have Ever Seen’

(Kitco News) – The lower price environment for precious metals in recent months has made this one of the best times ever for companies in the streaming business, said the chief executive of Silver Wheaton Corp. (TSX, NYSE: SLW) Wednesday.

Comex Gold Hits Three-Week High On Dollar, Stock Weakness

Gold futures hit their highest level in three weeks Wednesday as traders snapped up the yellow metal while equities and the U.S. dollar weakened, all related to events in China.

Chile’s Codelco says contract workers agree to suspend strike

Comex Gold Hits Three-Week High On Dollar, Stock Weakness

Gold futures surged to a fresh three-week high Wednesday as the U.S. stock market sold off and the dollar tumbled, traders said.