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(Kitco News) – While unexpected strength in July retail sales has pushed gold below key, near-term support levels, one analyst still sees some resiliency in the marketplace.
Read moreWhile gold investors are taking profits in future markets, they are buying once again exchange-traded funds
Read moreU.S. consumers bought more items than expected last month, according to the latest data from the U.S. Commerce Department.
Read more(Kitco News) – The Empire State manufacturing survey shows business sentiment surged higher in New York in August, the New York Federal Reserve said Tuesday.
Read moreGold prices are lower in early U.S. trading Tuesday, on follow-through selling pressure from Monday’s declines and on some more normal profit-taking pressure from recent good gains.
Read moreGold bulls were pleasantly surprised on Monday as profit taking turned out to be fairly tamed, after the yellow metal hit a nine-week on Friday. Now, some analysts are saying big things are in store for the precious metal.
Read moreGold’s pullback on Monday isn’t fazing one Russian-based investment banker, who is calling for a $1,400 price tag by year end.
Read moreThe gold market had several bearish elements working against it Monday, yet prices finished just modestly down and up from the daily lows.
Read moreTraders haven’t been this bearish on the U.S. dollar in more than three years, as highlighted by one Melbourne-based bank and the latest data by the U.S. Commodity Futures Trading Commission.
Read moreIt seems to be common knowledge that when market volatility rises, so does the gold price.
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