Latest News

CME Metals Futures Sees Higher Y-O-Y Trading Activity In May

CME Group metals volume averaged 337,000 contracts in May, an increase of 4% from May 2014, according to trading states from the exchange released Tuesday.

GLD Gold Reserves Decline More Than 25 Tonnes In May

Investment flows into gold-backed exchange -traded funds
remain positive for the year but the gap has narrowed after strong outflows
were reported in May.

Greenback Backs Off Tuesday

The closely watched U.S. dollar index is solidly lower Tuesday morning on a corrective pullback from recent gains and due to a bounce in the Euro currency.

Modest Bounce for Gold as Greenback Backs Off

Gold is firmer in early U.S. trading Tuesday, on a short-covering and bargain-hunting rebound from recent selling pressure.

The 6PM Recap With Gary Wagner: The Phantom Of Interest-Rate Ideology Challenges Gold

We live in a world of Goldilocks data reports. Not too hot, not too cold, not quite “just right.” From our point of view, the economy is still lagging. (The key reason is lack of wage growth, which is breeding fear and resentment among American breadwinners.) This is a week during which we will be seeing many, many reports released that will give us a fairly firm idea of how the U.S. second quarter will shape up.

Gold Ends Near Steady; Morning Gains Can’t Be Held

Gold prices ended the U.S. day session near steady Monday, and gave back morning gains that saw prices poke above $1,200.00.

Silver Helps Precious Metals Outperform Other Commodity Sectors – Capital Economics

CFTC Data Shows Money Managers Take Profits In Gold After Short-Term Rally

Money managers appeared to square their gold investments, exiting their long positions and increasing their short bets on the yellow metal, according to the latest data from the Commodity Futures Trading Commission (CFTC).

Gold Forms Bullish Outside Day, Watch Dow Theory Divergence

Gold prices surged higher in mid morning action Monday, fueled by unconfirmed rumors that Greece and its IMF/EU creditors have reached a debt restructuring deal.

ISM Manufacturing Index Rises to 52.8% In May

(Kitco News) – U.S. manufacturing once again managed to remain in expansion territory in May, beating expectations, according to the latest data from the Institute for Supply Management (ISM).