Chicago PMI Declines To 58.3 In December
(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, fell by 2.5 points in December to a reading of 58.3, according to a report released Wednesday.
Read moreU.S. Weekly Jobless Claims Rises To 298K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 17,000 to a seasonally adjusted xxx,000 during the week to Saturday, the Labor Department said Wednesday.
Read moreThe 6 PM Recap With Gary Wagner: You Say Stop And I Say Go Go Go
So, sang the Beatles back in the day. They had a point about contradictory flows of feeling and thought, just as we have now in the precious metals markets.
Read moreGold & Miners May Not Have Found Bottom: Elliott Wave Trader
Read moreINFOGRAPHIC: Buried Treasure Discovered In 2014
(Kitco News) – Looking back, 2014 could be classified as the year of recovered buried treasure as six discoveries made international headlines throughout the year.
U.S. Consumer Confidence Rises To 92.6 In December
(Kitco News) – The Christmas holidays created a little cheer for U.S. consumers as optimism rose in December, reversing some of the declines seen in November, according to data from the U.S. Conference Board.
Chinese Consumers Take Advantage Of November’s Low Gold Prices As Imports Rise
(Kitco News) – Gold prices appear to be ending the year in neutral territory, and Asian demand continues to be the bright spot within the marketplace.
Read moreThe 6 PM Recap With Gary Wagner: Volatile Blahs
Equities were up a small amount today amid cautious holiday trading, but the U.S. dollar continued its climb to supremacy, helping push gold lower. But the dollar doesn’t tell the whole story today for gold.
Triland Metals: Thin Markets, U.S. Dollar Drive Gold Lower
A stronger U.S. dollar and thin trading conditions are helping to drive down gold prices Monday, according to analysts from Triland Metals. Gold prices have dropped more than 1% during the session, and as of 1:45 p.m. EST Comex February Gold was tradi…
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