Time To Own Real Assets Like Gold, Not Paper – John Hathaway
(Kitco News) – Despite recent disinterest in gold from Western markets, one famed portfolio manager in the gold industry says contrarians need to remember the metal’s appeal.
Gold To Average $1,170, Hold Above $1,000 In 2015 – GFMS
(Kitco News) – An improving U.S. economy will provide less momentum for gold prices in 2015 according to the 2015 Thomson Reuters GFMS Gold Survey.
Read moreBlackrock Expects Mining Company Austerity To Continue
According to a portfolio update from the Blackrock World Mining Trust plc, they expect to see continued price weakness from commodities on the back of continued U.S. dollar strength and modest demand.
Read moreGold Recovers from Earlier Selling Pressure as U.S. Dollar Index Weakens
Gold prices are now trading just modestly lower in mid-morning dealings Tuesday, and have recovered much of the losses seen in earlier trading, which pushed gold to a two-week low. A weaker-than-expected U.S. retail sales report and an ensuing drop i…
Read moreU.S. Producer Prices Rise 0.2% In March
(Kitco News) – Despite continued weaker oil prices, pipeline inflation increased in March, according to the latest data from the U.S. Department of Labor. However, the rise was slightly below expectations.
Read moreU.S. Advance Retail Sales Rise 0.9% In March
(Kitco News) – Improving weather conditions and the advent of spring caused U.S. consumers to spend more last month, ending three consecutive months of delcines, according to the latest data from the U.S. Census Bureau.
Read moreGold at 2-Week Low on Lack of Bullish News and Weakening Technical Posture
Gold prices are solidly down and dropped to a two-week low in early U.S. trading Tuesday.
Read moreThe ‘Edition’ Apple Watch To Contain Half Ounce Of Gold
The Apple mystique is still alive – despite being late in the smart watch market, the company’s “Apple Watch” has become the perhaps most anticipated product launch of the year. Gold investors are eyeing the line of “Edition” gold watches in particular. Much speculation is taking place on if and to what extent the gold watch will upset gold prices. Will it?
Gold Ends Weaker As U.S. Dollar Shows Powerful Rebound
Gold prices ended the U.S. day session moderately lower Monday as a solid rally in the U.S. dollar index the past week has the precious metals markets once again on the defensive. June Comex gold was last down $4.90 at $1,199.70 an ounce. May Comex si…
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