Gold Production Falls During Q1 Earnings – SNL Metals & Mining
Read moreU.S. Housing Starts Rise 20.2%, Building Permits Rise 10.1% In April
The U.S. housing sector showed signs of strong growth last month, according to data from the Commerce Department. ![]()
Gold Backs Off as U.S. Dollar Index in Strong Rebound
Gold prices are moderately lower in early U.S. trading Tuesday, on a corrective pullback and some chart consolidation from recent good gains that pushed prices to a three-month high Monday.
Read moreECB Easy Money Talk Stimulates World Markets
Gold and silver prices are under pressure early Tuesday, on corrective pullbacks from recent gains and as the U.S. dollar index is seeing a good corrective bounce early this week from recent selling pressure that drove the index to a four-month low…
Read moreThe 6PM Recap With Gary Wagner
U.S. dollar strength pinned down any gains gold made today in so-called regular trading. The recently docile dollar really roared against major currencies, up over 1% against the euro.
Read moreGold Firmer, Hits 3-Mo. High, Despite Rally in U.S. Dollar Index
Gold ended the U.S. day session with modest gains and scored a three-month high Monday, which bulls considered a significant victory given the strong gains in the U.S. dollar index on this day.
Read moreCFTC Data Shows Money Managers Test Gold’s Investment Waters – Analysts
The latest data from the Commodity Futures Trading Commission (CFTC) shows shifting expectations regarding the U.S. economy and an eventual Federal Reserve interest rate hike prompted money managers to jump back into the gold market on the long side, …
Read moreGold Can Push Higher In The Near-Term But Rally Might Not Last – Triland Metals
June Comex gold futures settled Monday at $1,227.60 an ounce, above key the key resistance point at $1,225 an ounce. Analysts at Triland Metals say they are optimistic that gold has enough momentum to push higher in the near-term, but might not be able…
Read moreTrend Following Picture Improves For Gold
Gold bulls are attempting to take a stand around the $1,225 per ounce level in early trading Monday.
Read moreQuiet Start To Trading Week; FOMC Minutes Awaited
It’s a quiet start to the trading week in world markets. Gold prices are near steady following recent good gains, While silver prices are slightly higher
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