Gold At $1,600 Likely As ECB Primes Monetary Policy Bazooka – Analysts
It is now a fight to the bottom in interest rates now the European Central Bank is packing a monetary policy bazooka that could push gold prices above $1,600 an ounce, according to analysts.
Read moreJunior Explorers Just Scratching the Surface In Northern Quebec’s Abitibi Gold Belt
(Kitco News) – Northern Quebec is one of the most prolific gold regions in the world; it is home to the Abitibi Greenstone Belt, which has produced 180 million ounces of gold during the last century.
Read moreBuy Precious Metals Dips: Fed Skewed ‘More Aggressively Dovish’ — Scotiabank
(Kitco News) – Gold’s near-term price action hinges on trade risks and market expectations surrounding the Federal Reserve’s September move, according to Scotiabank.
Read moreGold Firmer Amid Still-Wobbly World Stock Markets
(Kitco News) – Gold prices are modestly higher in midday U.S. trading Thursday, as global stock and financial markets are still on edge as the world’s two largest economies go head-to-head in a major trade war.
Gold Moves Above Unchanged As Traders Once Again “Buy The Dip”
(Kitco News) – Gold prices have erased modest early losses and are trading mildly up in late-morning dealings Thursday.
Read morePrecious Metals’ Rally Is Helping Mining Stocks – SP Angel
(Kitco News) – Gold and silver prices are supported by the weakening of equity markets, which is keeping the bulls in control of the price action, according to TD Securities.
Read moreGold Is ‘Best Hedge’ Against $16 Trillion Of Bonds With A Negative Yield: Pepperstone
(Kitco News) – Gold and silver prices are supported by the weakening of equity markets, which is keeping the bulls in control of the price action, according to TD Securities.
Read moreNew York Fed, Philly Fed See Stronger Than Expected Manufacturing Numbers
(Kitco News) – It’s not just the U.S. consumer that is doing better than expected the face of growing recession fears. Regional manufacturing data from the Philadelphia Federal Reserve and the New York Federal Reserve shows resilient strength in the manufacturing sector.
Gold Prices Pull Back On Strong U.S. Retail Sales
(Kitco News) – Gold and silver prices are weaker in early U.S. trading Thursday. Some upbeat U.S. economic data has put some added downside pressure on the metals.
Read moreGold Prices Down As Strong U.S. Retail Sales Ease Recession Fears
(Kitco News) – Recession fears are expected to ease and there is some renewed pressure on gold prices as U.S. consumers spent considerably more last month.
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