Global Mints See Strong Silver Sales For A Second Year
(Kitco News) – Silver bullion coin sales had another strong year in 2014, according to data from the U.S. Mint, the Royal Canadian Mint and the Perth Mint.
The Historical View On Gold – Where It’s Been, Where It’s Going?
Markets move in cycles or trends. There are bull cycles, there are bear cycles and there are neutral or sideways trends.
Read morePuru Saxena: Consumer Staple Equities Will Outperform Precious Metals
This week we feature Puru Saxena’s strategy, the portfolio manager for Hong Kong-based Puru Saxena Wealth Management. We put him up to the test and gave him $100,000 to allocate in 2015.
Gold Ends Solidly Higher On Short Covering, Bargain Hunting
Gold and silver posted good price gains and closed at technically bullish weekly high closes Friday. Short covering from the futures side and end-of-the-year bargain hunting in both cash and futures were featured in gold and silver.
Read moreHSBC: Gold Market Still Vulnerable To ETF Redemptions
(Kitco News) – Gold prices have found some momentum, Friday, during the Christmas holidays, amid thin trading conditions. However, analysts at HSBC warn that the market is still vulnerable.
Read moreGold Solidly Higher On Short Covering, Bargain Hunting
(Kitco News) – Gold is posting good price gains in early U.S. trading Friday, on short covering from the futures side and bargain hunting in both cash and futures.
Six PM Recap With Gary Wagner: Merry and Bright…
Fundamentally at the moment we have some clear signals that do not look bullish. The U.S. economy is bellowing and snarling, a pent-up beast finally unleashed. So, a need for safe haven is out of the question. Crude keeps dragging gold with it.
Read moreU.S. Mint Sells More Than 44 Million American Eagle Silver Coins In 2014
(Kitco News) – The U.S. Mint announced Wednesday it has officially sold out of its 2014 American Eagle one-ounce silver coins. In a one-line email the mint said it has sold more than 44 million ounces of silver bullion this year, setting a new record …
Read moreGold Weakens on Technical Selling, Lower Oil in Thin Trading
Gold prices ended the U.S. day session modestly lower and closed at a fresh three-week low close in quieter trading Wednesday. The yellow metal was pressured by more chart-based selling amid the overall bearish technical posture of the market. Lower crude oil prices were also a bearish “outside market” factor working against the precious metals markets Wednesday. Markets were also generally quiet overnight on this Christmas Eve day. Most U.S. markets closed early today and many traders and investors have already checked out for the week, if not for the rest of the year. February Comex gold was last down $2.80 at $1,175.20 an ounce. Spot gold was last down $2.00 at $1,175.40. March Comex silver last traded down $0.002 at $15.765 an ounce.
Gold Bars Found In Tampa Salvation Army Donation Pile
(Kitco News) – ‘Tis the season for giving, but the Salvation Army processing center in Tampa, Florida, is questioning whether or not a recent find of gold bars, and a gold ring, in their donation pile is a little too much.
