Gold Market Monitoring Greece, Dollar, But Remains Vulnerable —Analysts
Gold prices tumbled to a lower close Friday, marking the third daily session in a row of losses.
Read moreMain Street Strongly Bearish On Gold Next Week, Wall Street Mildly
Gold’s inability to hold earlier gains above $1,200 an ounce and a stronger than expected employment report is creating some strong pessimism in the marketplace as a strong majority of regular investors see lower prices next week.
Read moreMetals Heading Lower This Month, As Early As Next Week – INTL FCStone
Read moreGold Weaker, Hits 2.5-Mo. Low, Following Upbeat U.S. Jobs Report
A stronger-than-expected U.S. jobs report for May put modest downside price pressure on the gold market Friday morning, and the metal fell to a fresh 2.5-month low.
Read moreU.S. Economy Creates 280K Jobs In May
Friday, the Bureau of Labor Statistics said 280,000 jobs were created in May, coming in well above consensus forecast of 223,000 jobs
Read moreAll Eyes On U.S. Jobs Report
Most Markets are on hold as traders and investors are girding for this morning’s key U.S. May employment report from the Labor Department. Forecasts are calling for non-farm payrolls to have grown by around 225,000 in May. However, there are whispers …
Read moreThe 6PM Recap With Gary Wagner: Plenty Of Pain To Go Around Gold, Stocks, Oil, Yields Are All Down
Traders, weighing up what tomorrow’s jobs report will bring in the U.S., were busy today squaring their positions. When in doubt, hedge. And there is plenty of doubt out there.
Read moreRussia To Boost Gold, Foreign Reserves To $500 Billion Over Next Few Years
(Kitco News) – The Russian central bank has been a major purchaser of gold bullion, and that trend does not appear to end any time soon.
Read moreGold Down, Hits 5-Week Low; Fear In Market Place, Weaker USDX No Help Today
Gold closed the U.S. day session lower and hit a five-week low Thursday.
Read moreGold Remains A Safe Haven Despite Lower Demand – UBS
Gold remains a strong safe-haven asset despite changing dynamics in the marketplace during the last 15 years, said UBS commodity strategist in a recent report.
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