Billionaire investor Mark Mobius recommends to wait for a correction before buying gold
(Kitco News) – The chorus of hedge funds warning investors not to chase the gold market continues to grow as the precious metal struggles to find traction after the $2,000 an ounce level has proven to be stronger than expected near-term resistance.
Read moreCan the USD rally be trusted? Or should you be buying gold price, silver price dips?
(Kitco News) – e U.S. dollar rally has been stealing the attention from gold and silver, making the recovery in precious metals prices more difficult, according to analysts.
Read moreThe most important question: inflation or deflation? Last chance to tell us in survey
(Kitco News) – The most important question: inflation or deflation? Last chance to tell us in survey
Read moreFed stalls gold price rebound: Commerzbank
(Kitco News) – Gold prices are struggling with another setback following the release of the FOMC meeting minutes from July, says Commerzbank.
Read moreU.S. dollar-gold correlation to dictate price moves in the near term: MKS PAMP Group
(Kitco News) – The U.S. dollar-gold correlation will be one of the primary drivers for the precious metal in the short term, according to MKS PAMP Group.
Read moreYou can’t call this market normal – Peter Hug
(Kitco News) – Regarding the sharp sell off on Wednesday, Hug lays the blame on lots of long positions that needed lightening ahead of the Fed announcement.
Read moreDisappointing Fed minutes continue to weigh on gold prices
(Kitco News) – Although off its session lows, the gold market is struggling to find some buying momentum as disappointing news from the Federal Reserve have pushed the U.S. dollar higher.
Read moreGold prices off their lows but still down 1% following disappointing Philly Fed survey data
(Kitco News) – Gold prices remain under pressure but are off their session lows after the Philadelphia Federal Reserve reported lower-than-expected sentiment in its regional manufacturing sector.
Gold price edges up as U.S. weekly jobless claims rise above one million again
(Kitco News) – The initial weekly jobless claims rose by 135,000 to 1.106 million in the week to Saturday, disappointing market expectations.
Read moreWhy gold stock prices are at “extremes” right now, according to hedge fund
(Kitco News) – Why gold stock prices are at “extremes” right now, according to hedge fund