Money Managers Shed Gold Positions, Increase Short Bets – CFTC
The gold market saw the biggest decline in net long speculative positions in six-weeks as investors shed their long trades and boosted their short positions, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreDon’t Get Chopped Up In Quiet Gold Market
prices are modestly weaker in early trading action Monday, as the market languishes within recent ranges.
Read moreChina’s Central Bank Surprises With Another Interest Rate Cut
Gold is modestly higher in early U.S. trading Monday following news of a surprise interest rate cut by China, and amid ongoing worries about Greece’s debt problems.
Read moreGold Slightly Up on China Rate Cut, Greece Worries
(Kitco News) – Gold is modestly higher in early U.S. trading Monday following news of a surprise interest rate cut by China, and amid ongoing worries about Greece’s debt problems.
Gold Traders Continue To Confound As Jobs Report Boosts Equities Higher
gold, silver, platinum, palladium
Read moreGold To Remain Range-Bound Next Week – Analysts
(Kitco News) – The gold market has managed to cap a four-week losing streak, ending stuck within its well established range, which analysts are not expecting to see break anytime soon.
Gold Survey Shows No Clear Direction For Prices Next Week
A mixed U.S. employment report for April is helping the gold market end a four-week losing streak but the Kitco News Main Street vs Wall Street gold survey shows mixed expectations in the near term as prices appear to be firmly stuck in a range.
Read morePoor Q1 Results Weighing Negatively On Mining Stocks This Week
(Kitco News) – In a choppy trading week for gold prices, gold and silver miners took some lumps as the gains were few, and the losses were many.
Read moreGold Modestly Up After U.S. Jobs Data that Met Market Expectations
Gold is firmer in early U.S. trading Friday, following the much-anticipated April jobs report that was pretty much in line with most market expectations.
Read moreU.S. Economy Creates 223K Jobs In April, Unempoyment Rate Steady At 5.4%
The U.S. labor market managed to regain some momentum last month, as the U.S. Labor Department released relatively in line nonfarm payrolls data, reversing March’s significant drop.
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