Gold Down, But Not Out After Greece Deal
The price of gold slipped Monday morning following news that Eurozone leaders agreed to give Greece fresh bailout loans. But, while gold is down, it is not out of its recent range.
Read moreCentral Banks Continue To Diversify Away From Dollar, Buying Gold – Capital Economics
Gold slipped $6 an ounce in a knee-jerk move after a European summit reached a deal on Greek debt, but overall the response has been muted and price action may remain subdued
Read moreGold Weaker on Possible Greece Deal, Bearish Outside Markets
Gold prices are modestly lower in early U.S. trading Monday. It’s a “risk-on” day in the market place to start the trading week, on reports of a Greece debt deal.
Greek Debt Deal Reached – Maybe
Kitco News – It’s a risk-on Day in the market place to start the trading week and gold prices are Modestly lower.
The 6PM Recap With Gary Wagner: China And Greece Developments Help World Relax Into Some Financial Momentum
It seems as if for the moment China’s central-planning moves to bolster its main stock exchanges are paying off. Yesterday and today combined, the Shanghai Index was up almost 12%. Beware, though.
When it Comes to Gold, It’s Not Just Demand Equation – CME Group
(Kitco News) – When looking at gold, investors need to stop focusing so much on demand and look at the over-looked supply side of the market, according to Erik Norland, senior economist for CME Group.
Analysts Mixed As to What Impact Greece, China, U.S. Data Will Have On Gold
Global market tensions are expected to relax next week with Greece expected to find some resolution to its ongoing credit crisis and Chinese leaders expected to keep a tight grip on equity markets to prevent another major market selloff.
Read moreGlobal Hedge Book Contracts By 800,000 Ounces In First Quarter
The global gold producer hedge book contracted by 800,000 ounces (2.6 metric tons) in the first quarter of 2015, according to a report put out this month by the GFMS team at Thomson Reuters and Societe Generale.
Read moreMining Stocks Slide During Week With Metals, S&P; Goldcorp Bucks Trend
Most North American precious-metals mining stocks finished softer during the first four days of the week as gold, silver and the S&P 500 also fell.
Retail Investors Turn Bullish On Gold; Wall Street Remains Mixed
A five-week bearish trend in the gold market has come to a halt as a majority of retail investors have now turned bullish on the yellow metal; however, market professionals remain mixed, according to the results of this week Kitco News Wall Street vs …
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