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Structural Reforms, Not Loose Monetary Policy, Spurs Global Growth – Davos Conference

Although the banking sector is stronger than just a few years ago, some Davos panelists said it is now time for politicians to implement structural reforms.

Gold Sells Off on Profit Taking From Recent Gains

Some shorter-term futures traders are ringing the cash register and taking profits in the gold market in late-morning trading Wednesday. After hitting a 5.5-month high overnight, gold prices have backed down and are trading moderately lower just befor…

Allied Nevada Sees FY 2014 Gold, Silver Production Rise; Misses Original Guidance

Allied Nevada Gold Corp. (TSX:ANV)(NYSE MKT:ANV) produced 214,345 ounces of gold, a 12% increase year-on-year, and 1,818,637 ounces of silver, a 106% increase year-on-year.

Bank Of Canada Cuts Target Rate To 0.75%

(Kitco News) – A sharp drop in oil prices has forced the Bank of Canada to cut its target overnight rate by 0.25%, brining interest rates to new historic lows of 0.75%.

Gold Outperforming Foreign Currencies: Analysts

(Kitco News) – While most talk has recently focused on gold breaking records in euro terms, a closer look shows that the metal has been dominating the entire currency market.

December 2014 Was A Rough Month For Miners – SNL Metals & Mining

(Kitco News) – The last month of 2014 was not kind to miners as market capitalization, as well as general activity, was down, according to a report by SNL Metals & Mining.

British Royal Mint Brings Back Gold, Silver Bars After 47-Year Absence

After a nearly 50-year hiatus, the Royal Mint announced on Wednesday its intention to offer gold and silver bars bearing the mint’s historic refinery brand.

Gold Pushes Above $1,300, Hits 5-Month High

Gold prices have moved above what was psychological resistance at the $1,300.00 level and hit another five-month high in early U.S. trading Wednesday.

The 6 PM Recap With Gary Wagner: Why Gold Is Rising Now

BNP Paribas Updates Inflation Forecasts Following December CPI’s 0.4% Drop

Following the release of U.S. Consumer Price Index data for December last week, BNP Paribas has updated its inflation forecast to be 1.7% in 2015, down from its previous forecast of 1.9%. “Under our new forecast, the quarterly year-on-year rate of headline inflation falls below zero for three quarters (Q1-Q3 2015); previously we had expected negative y/y headline inflation rates for only two quarters,” they said Tuesday. After recording its biggest decline in six years, December CPI figures, which was released on Friday, dropped by 0.4%, but was still in line with expectations. “Steep drops in airfares (-5%), apparel (-1.2%) and used vehicle prices (-1.2%) accounted for about 50% of the downside surprise to core CPI,” they added. “We still expect an acceleration in core prices in H2 2015, as labor markets tighten and strength in final demand passes through into services prices,” they said.