Gold Sees Only Modest Gains from Greece Debt Crisis
(Kitco News) -Gold market bulls are disappointed their precious metal is exhibiting only tepid gains Monday morning, as the Greek debt crisis has spiraled downward and world markets are roiled.
Greek Crisis Creates High Anxiety In World Markets
Kitco News – The world marketplace is unnerved early this week as the Greece-European Union debt restructuring/bailout talks produced no weekend agreement and the situation has spiraled downward.
The 6PM Recap With Gary Wagner: This Ain’t No Party, This Ain’t No Disco, This Ain’t No Panda “Bear”
The Shanghai stock index fell 7.3% today, taking mainland China’s equities to 4193, now off almost a thousand points from their high only eighteen days ago. That’s down 20% from June 8th. Trading was suspended for almost two hours to stem the drop but to no avail.
U.S. Employment Data To Dominate Gold Market Next Week – Analysts
A data-filled shortened trading week could help gold break out of its four-month range; however, with a market bias for the Federal Reserve to hike rates sooner rather than later, the break could be on the downside, according to some analysts.
Read moreMain Street Still Bearish On Gold, Wall Street Uncertain
For the fourth consecutive week, the Kitco News Wall Street vs Main Street Weekly Gold Survey shows most retail investors remain bearish on the gold market, as prices end the week in negative territory, after it was unable to break through the key psy…
Read moreMining Stocks Follow Lower Metals Prices
Roller coaster. Seesaw. Swings. What other words and idioms come to mind when looking at the metal’s price action of late?
Read moreFalling Chinese Equities Should Help Support Gold Prices – Analysts
Concerns that Chinese equities markets are in bubble territory and are ready to pop appear to be a self-fulfilling prophesy as the Shanghai Composite Index fell 7.4% overnight.
Read moreGold Prices Again Trade Near Steady
Gold prices are once again near steady in early U.S. trading Friday.
Read moreThe 6PM Recap With Gary Wagner
What to make of a day when U.S. consumer spending rose its most in six years but equities worldwide, gold, and crude oil are all down? (Gold is down about $2.30 in late afternoon trading.) Additionally, currencies are trading mixed with no clear direct…
Read moreGold Ends Near Unchanged in Quieter Summertime Trading
Gold prices ended the U.S. day session near steady Thursday.
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