Longer-Term Technicals for Gold Turn More Bearish; Downside Targets Revealed
Price action last week and early this week in nearby Comex gold futures has produced fresh, significant longer-term technical damage to suggest still more price pressure to come in the days and weeks (or longer) ahead. An examination of the monthly co…
Read moreAnalysts: More PBOC Purchases Potentially Supportive For Gold
China’s central bank is likely to keep accumulating gold among its reserves, with this potentially to remain a longer-term supportive factor for the precious metal, some bank analysts say.
Read moreRoyal Gold Acquires Gold, Silver Stream On Rainy River Project
Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) says that its wholly owned subsidiary RGLD Gold AG entered into
Read moreIs Gold Forming A Selling Climax?
The question all gold traders are asking right now: Has the yellow metal found a bottom?
Read moreGold To Recover When Higher U.S. Rates Factored Into Prices – Capital Economics
UBS says the weakness in gold may be “overdone” after a sharp slide overnight, although the bank also favors being on the sidelines for now.
Read moreGold Pounded to 5-Yr Low in Asia Trade, Rebounds a Bit but Still Down
Gold prices are solidly lower and hit a five-year low of $1,080 an ounce, basis Comex futures, in Asian trading.
Read moreGold Hits Five-Year Low Overnight
Kitco News) – A feature in the raw commodity market place Monday is the sharp sell-off in the gold market
Money Managers Trim Gold Net-Long, Reduce Net-Short In Silver — CFTC
Large speculators liquidated some of their collective slightly bullish positioning in U.S. gold futures and options during the most recent reporting week, but trimmed their net-short in silver on short covering, the most recent data show.
Read moreThe 6PM Recap With Gary Wagner: Digging Data Data Data Data Data
The June Consumer Price Index was reported out today and fell in line with expectations at 0.3%. This caused the true believers in a September Federal Reserve interest-rate hike to break out the dance records and party hats.
Read moreU.S. Mint To Restart Silver Sales July 27, Gold Demand Remains Strong
(Kitco News) – Silver bullion investors will have to wait one more week to buy more 2015 U.S. American Eagle Silver coins from the U.S. Mint.
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