Thinking Outside The Gold Box And Coming Up With Contradictory Ideas
One would have thought that after Tuesday’s big drop in gold there would have been at least decent interest in the Asian market, if only to create and then ride the bounce. That wasn’t the case. Interest was at best marginal.
Gold Trades Near Steady; Bearish Outside Markets Limit Buying Interest
Gold prices ended the U.S. day session not far from unchanged levels Wednesday. Prices did slip to a two-week low overnight.
Read moreRare Earth Elements – Three Dirty Words?
Deep in the inner regions of Mongolia in China lies Baotou, the area’s largest industrial city. It accounts for two thirds of China’s rare earth element (REE) output.
China To Create $16 Billion Gold Fund
In its continuing efforts to develop its gold market and global influence, China is launching a new fund, which is expected to raise 100 billion yuan ($16 billion).
Read moreEquities Throwing A Party, Metals Didn’t Get The Invite – Triland Metals
Precious metals have shed recent gains not only because of a strong U.S. dollar and better-than-expected economic data, but also because of another fall in oil prices that dampened inflation expectations, says Jonathan Butler, precious metals strategi…
Read moreGold Near Steady, Held Hostage by U.S. Dollar
Gold prices are trading near unchanged levels in early U.S. dealings Wednesday and did slip to a two-week low overnight.
Read moreVote Now In The New Kitco Weekly Gold Survey
Bulls or Bears? Wall Street vs. Main Street puts together leading analysts and regular metals investors to find out where they think gold is headed next week.
Read moreU.S. Dollar Remains In The Spotlight
Good morning this is the open with Jim Wyckoff. Gold And silver prices are near steady in early U.S. trading as Both markets look to the U.S. dollar index for direction.
Read moreThe 6PM Recap With Gary Wagner: Dollar Power Pushes Gold And Stocks Down – Crude Lower As U.S. Data Renews Upturn
A slightly mixed but nevertheless positive uptick in durable orders helped propel the U.S. dollar higher today. Taking out aircraft as a component meant the index was up 1% in April. Aircraft is taken out because it is volatile, orders sometimes taking…
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