The 6PM Recap With Gary Wagner: Greek Coffee Percolates As The World Yawns
In the run-up to default, Greek government negotiators kept hoping they could pull to an inside straight, the hardest hand in poker to nab. They’ve been surprised at every turn at how hard-nosed the French, Germans and others have played their hands, too.
Gold Weaker on Better Investor Risk Appetite and Higher USDX
(Kitco News) – Gold prices ended the U.S. day session slightly lower Wednesday, as world trader and investor risk appetite was on the upswing, which is bullish for the stock markets but bearish for safe-haven gold.
Dubai Not Planning Gold Weight-Loss Challenge This Year
(Kitco News) – Dubai residents who are looking to shed their winter weight, during the Ramadan celebrations, and earn a little gold in the process will be disappointed this year as the municipality has said that it will not organize a “Your Weight In Gold” contest this year.
Downside Risk To Gold On Employment Data But, Don’t Ignore Greece – Analysts
(Kitco News) – Analysts are expecting Thursday’s U.S. nonfarm payrolls report for June will provide slightly more downside risk to gold ahead of a long weekend but they add that with current market conditions it could be difficult for prices to break its current range.
ISM Manufacturing Index Rises To 53.5% In June
Kitco News reports on ISM manufacturing numbers for June
Read morePershing Gold Accepted For Nasdaq Listing
Pershing Gold Corp. reports that the Nasdaq Stock Market LLC has approved the company’s application to have its common stock listed on the Nasdaq Global Market.
Read moreA Test Of $1,163 Is In the Cards For Gold– MKS
UBS lists several reasons why recent developments in Greece are not affecting gold in a meaningful way, at least not as in the past
Read moreGold Weaker Amid Better Risk Appetite in Market Place
(Kitco News) – Gold prices are modestly lower in early U.S. trading Wednesday, as world trader and investor risk appetite is on the upswing, which is bullish for the stock markets but bearish for safe-haven gold.
ADP Shows 237K Private Sector Jobs Created In June
Kitco News reports on private employment data for June from ADP payrolls processor
Read moreGreece Debt Deal Close, Or Not?
Kitco News – Gold Prices are near steady in early U.S. trading today.