Gold Slightly Up After Downbeat U.S. Retail Sales
Gold prices pushed just above the unchanged level in early U.S. trading Tuesday, following a U.S. retail sales report that did not meet market expectations.
Read moreU.S. Advance Retail Sales Fall 0.3% In June
Kitco news reports on advance retail sales data for June
Read moreUS-Iran Deal Weighs On Oil Prices
Kitco News – Gold Prices are weaker in early US trading, amid a lack of bullish Fundamental news and bearishly construed charts. An agreement has been reached between Iran and the U.S., regarding Iran’s nuclear program and ending economic sanctions against Iran, reports said Monday. This is one more bearish element for the already beaten-down crude oil market, which is lower today and closing in on the $50.00-a- barrel mark.
“I’m On Top Of The World” – Yanis Varoufakis
Greece, Varoufakis, Merkel, Debt, economy, newstatesman
Read moreThe 6PM Recap With Gary Wagner: We need More Details On Europeans Bearing Gifts To Greeks
We haven’t had a full day to thoroughly analyze the “A-Greek-ment,” although at first glance there seem to be some messy details not fully buttoned up. As the cathedral builders of the Middle Ages said when things were going well, “God is in the details.”
More To Gold Than Greece As Market Holds Last Week’s Lows
(Kitco News) – (New York) – Gold was down but not out after Monday’s news that European leaders had agreed to give Greece fresh bailout loans.
Gold Weaker Amid Greece Debt Agreement, Higher U.S. Dollar
Gold prices ended the U.S. day session modestly lower Monday.
Read moreMoney Managers Continue To Increase Their Short Bets In Gold, Silver – CFTC
Pessimism in the gold market continues to grow as money managers exit their long positions and push their short bets to near-record levels, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreBMO: Gold Miners ‘Far More Prepared’ For Lower Prices Than Market Thinks
Gold-mining companies are “far more prepared” for lower prices than the markets may perceive, says BMO Capital Markets.
Gold Fields: Production Improved From First To Second Quarter
Gold Fields Limited (JSE, NYSE, NASDAQ Dubai: GFI) says it expects improved production for the second quarter, ending in June, after a weaker first quarter.
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