Fund managers cut bullish gold positioning before prices bounce Monday
(Kitco News) – Money managers began liquidating bullish gold positions during the most recent reporting week for data compiled by the Commodity Futures trading Commission, then the trend likely continued through the end of last week as prices tumbled.
Read moreGold remains higher after Feb. ISM U.S. manufacturing index dips to 50.1%
(Kitco News) – Gold prices remained stronger after the Institute for Supply Management said Monday that its headline manufacturing index dipped to 50.1% in February from 50.9% in January. Spot gold was last up $14.20 to $1,599.70 an ounce.
Read moreAussie gold miners see record production, prices in 2019
(Kitco News) – The Australian mining sector continues to ride a wave of good news as the nation saw record gold production in 2019 and in the last quarter of the year, according to mining consultancy Surbiton Associates.
Read moreBMO: Gold bounces as markets anticipate looser monetary policy
(Kitco News) – Gold bounced early Monday from a sell-off late last week, with participants in a range of markets anticipating central bankers will cut interest rates to try to offset damage to the global economy from the coronavirus outbreak.
Read moreGold, silver prices see solid rebounds from last week’s downdraft
(Kitco News) – Gold and silver prices are sharply higher in early U.S. futures trading Monday, on a corrective bounce following sharp losses posted late last week.
Read moreBitcoin daily chart alert – Bulls work to stabilize market – Mar. 2
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Monday, as the bulls try to stop the recent bleeding.
Read moreThe only gold price question Scotiabank is asking is how sharp is the uptrend
(Kitco News) – Gold’s recent disappointing performance is not affecting sentiment at the world’s largest mining conference as one market analyst expects prices to continue to push higher through 2020.
Jim Rogers: Dow’s crash has nothing to do with coronavirus, buy the dip
(Kitco News) – Jim Rogers: Dow’s crash has nothing to do with coronavirus, buy the dip
Investors pour into U.S. Treasuries, gold follows stocks in major sell-off
(Kitco News) – Fear around the coronavirus outbreak has pushed the yield on the 10-year Treasury bond to new historic lows on Friday as money is being poured into U.S. Treasuries.
Read moreFed’s Powell tries to calm market nerves with statement on coronavirus
(Kitco News) – The Federal Reserve is unable to significantly calm market fears as it remains neutral on monetary policy but signals that they are monitoring the situation.
Read more