U.S. Housing Starts Fall 11.1%, But Building Permits Rise 11.8% In May
Kitco News reports on U.S. housing starts and building permits for May
Read moreGold Weaker as Charts Remain Firmly Bearish
Gold prices are modestly lower in early U.S. trading Tuesday.
Read moreGreek Debt Drama Continues To Play Out
Kitco News) -Gold and Silver prices are modestly lower in early U.S. trading. Both Metals continue to suffer from bearish near-term technical postures. However, the downside in safe-haven gold is being limited by The Greek debt crisis and its implications for the European Union, overall
The 6PM Recap With Gary Wagner: Greece Front And Center Boosts Gold On Haven Demand
Gold rose today on a fairly strong movement toward haven demand due to the Greek debt crisis. That problem also drove down equities on all major exchanges across the world. However, as we head into the afternoon, gold (and silver) are off their earlier…
Read moreGold Firmer on Safe-Haven Demand, Short Covering and Bargain Hunting
Gold prices ended the U.S. day session moderately higher Monday. After trading near unchanged in early-morning action, the yellow metal saw a late-morning rally that was fueled by some safe-haven demand due to the Greece debt-talks breakdown.
Read moreGold Net Longs Fall At Fastest Pace In Three Months, Silver In Five Years – CFTC
(Kitco News) – Gold traders shed their long positions at the fastest pace
in three months; silver longs fell at their fastest pace in more than 5 years,
according to the latest data from the Commodity Futures Trading Commission
(CFTC)
Gold Rallies on Short Covering, Bargain Hunting, Some Safe-Haven Demand
(Kitco News) -/strong>Gold prices have pushed above unchanged and are holding moderate gains in late-morning trading Monday.
Gold In ‘Wait And See’ Mode Ahead Of Fed Meeting
(Kitco News) – Gold prices shrugged off overnight weakness and climbed modestly higher in early trading Monday.
Equity Markets Could Go Either Way But Bias Is Down – RBC
Gold is not the only market that has been caught in a trading range recently. Bob Dickey, Analyst at RBC Wealth Management notes that equity markets have been trading in a 3% range in the past four months.
Read moreEmpire State Manufacturing Index Falls To -2.0 In June
Kitco News reports on the New York Federal Reserves’ Empire State Manufacturing Survey for June.
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