Debunking Reasons Why The Fed Would Put Rate Hikes On Hold – Capital Economics
(Kitco News) – Amidst plummeting oil prices and uncertainty in Europe, many question whether or not the U.S. Federal Reserve can start raising rates this year; however, one UK-based research firm rejects the reasons why people think the central bank m…
Read moreAnalysts See Higher Gold Prices As Correlation With Oil Breaks Down In Risk-Off Environment
(Kitco News) – Gold is marching to the beat of a different drum, defying weaker oil markets and gaining renewed support as a safe-haven asset, according to analysts.
Read moreBMO: Gold Prices To Remain Weak In 2015
(Kitco News) – The gold market has started off the year on a strong note, but prices are expected to decline after the first quarter, according to analysts from Bank of Montreal Capital Markets.
Read moreWeak $AUD Means Strong Leverage For Domestic Gold Producers – Morgans
Australian-based research firm Morgans sees a weak Australian dollar lending a helping hand to local gold producers.
Read moreSigns of A Bottom For Gold? – ETF Securities
(Kitco News) – Holdings of gold-backed exchange-traded products closed off the year on a negative note; however, ETF Securities said the resilient gold price so far this year, among other factors, may be hinting at a bottom for the metal.
Read moreGold Up, Hits 11-Week High, on Safe-Haven and Technical Buying
Gold prices are moderately higher and scored an 11-week high in early U.S. trading Tuesday.
Read moreThe 6 PM Recap With Gary Wagnerr: Oil Nearing Low Tide, Gold Rises
West Texas Intermediate crude oil fell below $46 per barrel today and it scared the pants off equities traders, who now see the plummeting price as a barrier to profits in the sector. Energy stocks account for about 13% of the old-line stock exchanges
Read moreNomura: Safe-Haven Demand Rising, But Not Dire Enough For Gold
(Kitco News) – Continued uncertainty in Europe, weak global growth, coupled with falling oil and commodity prices, are contributing to volatile equity markets and increasing demand for safe-haven assets, but according to Nomura analysts, gold might no…
Read moreGold Pushes to 4-Week High on Safe-Haven and Technical Buying
Gold prices ended the U.S. day session with solid gains and scored a four-week high Monday. Safe-haven demand was featured amid recent stock market shakiness and lingering worries about the European Union’s economic and financial health. The near-term technical posture for the gold market has also been slowly improving recently. February Comex gold was last up $18.30 at $1,234.50 an ounce. Spot gold was last up $11.00 at $1,235.00. March Comex silver last traded up $0.191 at $16.61 an ounce.
Triland Metals: Gold Still Need To Break $1,240 To Create New Bull Trend
Gold prices are just off new session highs set late in Monday’s session; however, according to analysts from Triland Metals Limited, there is still some downside risk for the marketplace.