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(Kitco News) – As expected, hedge funds bearish on gold and silver felt the pinch once again last week, as they were squeezed out while the market remained resilient in the face of continued strength in the labor market, according to analysts.
Read more(Kitco News) – The lack of any new rhetoric between the U.S. and North Korea is helping to ease geopolitical tensions and taking some of the safe-haven appeal away from gold as analysts warn investors that there could be further selling as market sent…
Read moreFollowing Friday’s weaker-than-expected inflation reading for July, analysts at Commerzbank say that economic data is starting to take its toll on interest rate expectations.
Read moreGold prices are moderately lower in early U.S. trading Monday, on some normal profit-taking pressure after prices last Friday hit a nine-week high.
Read more(Kitco News) – With few major headline grabbing deals in the marketplace, Wheaton Precious Metals (NYSE: WPM, TSX: WPM) is using its cash flow in another way to attract investors to the much beat up mining sector.
Read moreWe are back from our short summer hiatus…and what a week to come back home to. Gold this week hit its highest level in two months and is trying desperately to hit and ultimately break that key psychological level of $1,300.
Read moreAs geopolitical tensions around North Korea continue to dominate the gold market, analysts debate over how much profit taking the yellow metal might see next week after nearing the key $1,300 level on Friday.
Read moreGold’s safe-haven status made a comeback this week as tensions between North Korea and the U.S. rose, with the metal, for the third time this year, rising within striking distance of $1,300.
Read moreWhile Wall Street is convinced that gold is ready to break through $1,300 in the near-term, retail investors need to be persuaded a little bit more to join the bullish side, according to the latest weekly Kitco News gold survey.
Read more(Kitco News) – A sharp rally in gold following another disappointing inflation report has prompted some profit taking ahead of the key psychological support at $1,300 an ounce.
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