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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.

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.

U.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.

The 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.

Gold & Miners May Not Have Found Bottom: Elliott Wave Trader