Gold Ends Near Steady as Sellers Kept in Check by Weaker U.S. Dollar
Gold prices ended the U.S. day session slightly higher in the futures market and with scant losses in the cash. Earlier gains that saw some bargain hunting and short covering were eroded as the trading session progressed. A weaker U.S. dollar index on…
Read moreVery Rare Ancient Coins Rediscovered In University Library
(Kitco News) – If you have ever needed proof that gold and silver has always been a store of value then you should take a class at the University of Buffalo (UB).
Read moreGold Prices Headed Lower, But Not Yet – BNP Paribas
Although BNP Paribas expects gold’s downward trend to continue, it has pushed back lower forecasts to later in the year, when they expect the U.S. Federal Reserve to make its first move on rates.
U.S. Weekly Jobless Claims Fall To 289K
(Kitco News) – After coming in much higher than economists’ expectations last week, first-time weekly jobless claims in the U.S. fell by 36,000 to a seasonally adjusted 289,000 during the week to Saturday, the Labor Department said Thursday.
U.S. Advance Retail Sales Fall 0.6% In February
(Kitco News) – Despite strong optimism and weaker oil prices, U.S. consumers held on to their cash last month, buying fewer products, according to the latest data from the U.S. Census Bureau.
Read moreGold Up On Corrective Bounce, Weaker U.S. Dollar Index
(Kitco News) – Gold prices are moderately higher in early U.S. trading Thursday, supported by some bargain hunting in the cash market and short covering in the futures, after prices Wednesday scored a 3.5-month low.
The 6PM Recap With Gary Wagner: Relentless Dollar Rise Squashes Gold Again
As Bob Dylan said, “You don’t need a weatherman to know which way the wind blows.” Indeed, you don’t need to be an expert to understand why gold prices are being pushed down today (or yesterday, or the previous days).
Gold Down, Sinks to 3.5-Month Low, as U.S. Dollar Powers Still Higher
Gold prices were moderately lower and hit a fresh 3.5-month low during U.S. trading Wednesday. The very strong rally in the U.S. dollar index continues to cast a bearish pall over the precious metals markets. April Comex gold was last down $10.50 at $…
Read moreCan Silver Help You Save On Your Energy Bill?
(Kitco News) – Although there was no “polar vortex” in 2015, this winter has seen some brutal weather with snow and record-low temperatures battering the mid-west and north-eastern part of the U.S.
Weak Zirconium Demand Depleting Hafnium Stock Piles
Hafnium, an unknown-to-mainstream metal, has seen sharp price increases, rising from about $500-600 per kg last year to its current price around $1,000 as stock piles continue to be depleted.
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