Are Gold Bulls Carving Out A Major Bottom Pattern?
(Kitco News) – Gold prices surged higher in early Monday trading boosted by Friday’s weaker-than-expected U.S. employment report, which triggered expectations that Federal Reserve interest rate hikes could be pushed out even farther than previously expected.
Read moreGold Pops to 5-Week High in Reaction to Downbeat U.S. Jobs Report Friday
(Kitco News) – Gold prices are solidly higher and hit a five-week high in early U.S. trading Monday, following last Friday’s much-weaker-than-expected U.S. employment report.
Read moreU.S. Economy Creates 126K Jobs In March, Lower Revisions For February and January
(Kitco News) – The U.S. labor market cooled significantly last month, as the U.S. Labor Department released a weaker-than-expected nonfarm payrolls report, dropping below 200,000.
Read moreGold And Other Investments Struggle To Find Direction
Read moreU.S. Employment Data To Drive Gold Next Week – Analysts
U.S. employment data is expected to dominate the gold market next week as traders and investors shift opinions back and forth for when the Federal Reserve is expected to pull the trigger on eventual rate hikes.
Read moreUnique Golden Gift Ideas For Easter
According to a recent survey from the National Retail Federation (NRF), consumers are expected to spend more than $140 on gifts during the Easter holiday.
Read moreWill Impact of Fed Rate Hikes Spillover To Asia? – Nomura
A bank survey reveals that most participants expect a Federal Reserve rate hike to occur in September, and the impact will be less than that of the “taper tantrum” in 2013.
Read moreGold Down on Correction from Gains Wed.; U.S. Jobs Report on Deck
Gold prices ended the U.S. day session moderately lower Thursday, on a downside technical correction from the sharp gains seen Wednesday. June Comex gold was last down $7.40 at $1,200.80 an ounce. May Comex silver was last down $0.349 at $16.71 an oun…
Read moreWhy The USD Uptrend May Slow – Barclays
There are two reasons why analysts at Barclays expect the U.S. dollar uptrend to slow down. “Firstly, the USD rally may have a more disinflationary impact on the US economy,” they said in a report released Wednesday. “Given our view that the USD appreciation is likely to come primarily from outside Asia, mainly from a weaker EUR and EMEA FX, we may see a more significant pass-through from a stronger USD into US inflation this time around,” they added. Secondly, the analyst said the world should continue to benefit from cheap liquidity for years to come, using the European Central Bank’s easing measures as an example, which could hurt the dollar.
Read moreEurozone Recovery Lies In Germany’s Hands – Nouriel Roubini
(Kitco News) – Although the European economy has gotten a boost from lower oil prices and a weaker euro, one famed economist says there are still many challenges to be faced to ensure a sustainable recovery, and Germany may be the key.
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