Gold Fields Gets No ‘Enforcement Action’ Ruling In Corruption Case; Not Fully Exonerated
Gold Fields Ltd. (NYSE:GFI)(JSE:GFI) were (or was?) awarded a partial victory from U.S. authorities as they recommended no ‘enforcement action’ be taken against the gold miner, but could still be on the hook for R2.1 billion (over US$33 million) due to its 2010 South Deep mine deal.
Gold Traders Indecisive As Time Of Fed Rate Hike Remains Murky – OptionsXpress
On Tuesday, sellers continue to prevail in the gold market, says one gold market veteran; however, open interest remains stable
Read moreInventories And Stockpiles To Keep PGM Prices In Check In 2015 – CPM Group
One research firm is not expecting to see a turnaround in platinum group metals (PGM) in 2015 as platinum prices remain near six-year lows and palladium hovers at a one-year low.
Read moreU.S. Flash PMI Falls To 53.4 In June, Lowest Level Since Oct. 2013
Kitco News reports on Markit’s flash Purchasing Managers for June
Read moreGold Weaker on Sharply Higher U.S. Dollar
Gold prices are modestly lower in early U.S. trading Tuesday.
Read moreU.S. Durable Goods Orders Fall 1.8% In May
Kitco News reports on U.S. durable goods orders for May
Read moreGreece Still On The Front Burner, By Default.
Kitco News – Gold and Silver prices are weaker in early U.S. trading. A stronger U.S. dollar Index on this day is bearish for the metals. The overall technical Postures for gold and silver remain firmly bearish. Amid a summertime trading atmosphere and no other major world geopolitical developments, Greece by default remains on the front burner of the market place.
Gold Stays Home On The Range As U.S. And European equities Bolt Higher
Will Greece default or not? That has been the question. But it grows less relevant by the day as U.S. and European equities shrug off the minor gravitational blip created by the little country dangling off the south of the continent.
Read moreGold Solidly Lower Amid “Risk-On” Trading Day
Gold prices ended the U.S. day session solidly lower Monday, as some keener risk appetite in the market place sunk the safe-haven metal. European and U.S. stock indexes
Read more“Tremendous Misunderstanding” of The Greek Situation: CPM Group
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