Gold To Face Repeating Challenges: CPM Group’s Gold Yearbook
(Kitco News) – New York — The factors which weighed on gold’s decline in 2014 are expected to carry over this year, said research firm, CPM Group on Tuesday.
Gold Ends Firmer, At 2.5-Week High; Bulls Gain Some Technical Momentum
(Kitco News) – Gold prices ended the U.S. day session modestly higher and hit a 2.5-week high Tuesday. A weakening of the U.S. dollar index recently has worked in favor of the precious metals bulls, although the dollar index posted slight gains Tuesday.
Greece Is Going Down The Drain, 50-50 Chance It Will Leave Euro – George Soros
(Kitco News) – With Greece bailout negotiations back on the table, one famed billionaire says the country is headed in a downward spiral.
Read moreGold Market Shifting Away From First Rate Hike To Pace Of Cycle – Triland Metals
Mild optimism surrounds the gold and precious metals markets, say analysts from Triland Metals. But they add that the “overarching bear trend is very much intact…”
Sandstorm’s Diavik Diamond Royalty Acquisition Accretive – CIBC
After Sandstorm Gold Ltd.’s (TSX:SSL)$56.8 million acquisition of IAMGOLD Corp.’s diamond royalty stream from the Diavik diamond mine, announced yesterday, analysts at CIBC see the deal as accretive for Sandstorm.
U.S. Flash PMI Rises To 55.3 In March, Hitting Five-Month High
(Kitco News) – The U.S. manufacturing sector continued to expand last month, hitting a five-month high, according to the latest Purchasing Managers Index data.
Read moreU.S. CPI Rises 0.2% In February
(Kitco News) – U.S. consumers are started to see some rising price pressures last month, according to the latest data from the Department of Labor.
Read moreGold Firmer, Hits 2.5-Week High; Weakening U.S. Dollar Bullish
Gold prices are modestly higher and hit a 2.5-week high in early U.S. trading Tuesday.
Read moreThe 6PM Recap With Gary Wagner: Dollar Giving Gold Back Its Luster
After the hubbub over the possibility of an announcement of an interest-rate increase in the previous two weeks, since the March FOMC meeting ended, gold has been the beneficiary of a diving dollar. Couple the sinking dollar – really a dollar returning to sensible levels – with fresh worries about Greece and its status in the European Union, and we have some real momentum in upward gold pricing.
Gold Net Longs Fall To 2013 Levels; Analysts Expect More Short Covering
(Kitco News) – Gold speculators cut their long positions, and increased their short positions, in gold futures for the seventh straight week ending March 17, according to the latest data from the Commodity Futures Trading Commission (CFTC).
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