Latest News

The 6 P.M. Recap With Gary Wagner: Slouching Toward Normal Trading

The holidays are slouching toward an end and the dollar almighty is ruling the road. The euro was down about 1% against the U.S. currency and, accordingly, oil fell – but even more than that, around 1.3%.

Gold Bounces Off One-Month Low To End The Week In Neutral Territory

(Kitco News) – Gold prices have managed to bounce off one-month lows as analysts saw some short-covering and bargain hunting in the marketplace, Friday.

ISM Manufacturing Index Falls To 55.5 In December

(Kitco News) – The U.S. manufacturing sector continued to lose momentum in December, adding to November’s decline, according to the latest data from the Institute for Supply Management.

Despite High Expectations Gold Ends 2014 in Neutral Territory; Palladium Outperforms

At the start of 2014 expectations were high that the gold market could shake off and recover from 2013’s drop, where prices ended the year in negative territory for the first time in 12 years.

Weaker Euro Drags Down Gold, Boosts U.S. Dollar

Gold prices are starting the year on a soft note as the euro loses ground following dovish comments from the European Central Bank President Mario Draghi.

The 6 P.M. Recap With Gary Wagner: Every Other Day

Today, oil took another licking and gold came along for the ride. The dollar was up strongly once more, except against the British pound. Contradicting the usual expectations, U.S. equities were down, although that might be expected as those who are r…

U.S. Interest Rates May Remain Low As 2015 FOMC Is Seen As Dovish – Deutsch Bank

(Kitco News) – U.S. monetary policy might continue to remain loose in 2015 as the Federal Open Market Committee will have a dovish tilt, according to one U.S. economist.

Get Your Gold Now Before It’s Too Late – Jim Rickards

Dismal Year For Commodity Markets, Gold Neutral, Palladium Excels

As traders and analysts look back on 2014 the one theme that most can agree on is that commodity markets had a terrible year, while the U.S. dollar shone bright.

Asian Investors Need To See Higher Gold Prices in 2015 Before They Buy More – ANZ

Chinese demand for physical gold is expected to remain consistent in 2015, but prices need to move higher to attract new buyers to the market place, according to a commodity analyst from ANZ Bank.