Gold, silver markets hit hard by profit taking, up-tick in risk appetite
(Kitco News) – Gold and silver prices are sharply lower in midday U.S. trading Thursday, on heavy more profit-taking from the shorter-term futures traders and selling pressure as investor risk appetite has at least temporarily up-ticked on news U.S.-Ch…
Read moreEasing trade tensions do not mean gold’s rally is over – Axel Merk
(Kitco News) – Gold has room to move higher, but investors should not expect it to move in a straight line, according to one fund manager.
Read moreWorld doesn’t need a war to see $10,000 gold price
(Kitco News) – World doesn’t need a war to see $10,000 gold price
Gold, silver bulls: don’t fret just yet
(Kitco News) – Thursday’s sharp losses in the gold and silver markets are certainly unnerving to the precious metals bulls–especially the shorter-term futures bulls.
Read moreYamana upgrades reserve and grade estimates at Jacobina Mine
(Kitco News) – Yamana Gold is not seeing much love from investors even after announcing an increase in reserves and grade estimates at Jacobina Mine.
Read moreGold prices hit new daily lows as U.S. service sector beats expectations in August
(Kitco News) – Gold prices saw more losses after momentum in the service sector accelerated in August, according to the latest data from the Institute of Supply Management (ISM).
Read moreGold, silver extend early declines to trade sharply lower, as U.S. stock market rallies
(Kitco News) – Gold and silver prices are sharply lower and have at least temporarily lost their recent safe-haven bid in morning dealings Thursday, as the U.S. stock market is rallying and the stock indexes are sharply higher on the day.
Read moreHigher gold prices drag China and India imports down: BMO
(Kitco News) – Renewed risk-on sentiment following positive U.S.-China trade headlines is putting pressure on gold, according to strategists at TD Securities.
Read moreGold-backed ETFs are just 2% away from an all-time high – WGC
(Kitco News) – August saw a third straight month of gains in gold-backed ETFs and similar products after hitting a six-year high in July, said the World Gold Council (WGC).
Read moreU.S. Weekly Jobless Claims Holding Steady
(Kitco News) – The U.S. Labor market continues to be the bright as the Labor Department reported in line jobless claims.
Read more