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Gold Sees Profit-Taking While Stocks Try To Rebound

Gold is weaker on profit taking, but some equity market markets are attempting to claw back a few of the gains they’ve lost this week.

Central Bank Buying 2009-2014: Then And Now

Looking back over the past five years, one of the key themes that has dominated global central
bank’s behavior towards gold is the firm shift from selling gold to buying the yellow metal.

Thursday’s Forex Analytical Charts

Thursday’s Analytical Charts for Gold, Silver and Platinum and Palladium

How Has The Federal Reserve Impacted Gold Since 2009?

(Kitco News) – The last five years will be forever marked on the history books with some of the most innovative, aggressive and controversial actions by the U.S. Federal Reserve ever.

Philadelphia Fed Manufacturing Index Falls To 20.7 In October

(Kitco News) – The manufacturing sector within the Philadelphia region continued to lose some momentum in October, according to data from Philadelphia Federal Reserve.

U.S. Weekly Jobless Claims Fall To 264K, Lowest Since April 2000

(Kitco News) – First-time weekly jobless claims in the U.S. fell by 23,000 to a seasonally adjusted 267,000 during the week to Saturday, the Labor Department said Thursday.

Gold Weaker on Chart Consolidation, but Downside Limited Amid Investor Fear

Gold futures prices are moderately lower in early U.S. trading Thursday, on some backing and filling on the charts after prices Wednesday hit a five-week high.

Wells Fargo: Commodities Under Pressure Along With Equities

Commodity markets are on the defensive along with equities, says Janet Mirasola, managing director of metals with Wells Fargo Securities.

Nowhere To Hide? Not True!

The 10-year bond travelled under 2%, as investors were terrified and looking for a safe haven. Europe is on the verge of another economic Armageddon and geo-political risks continue to accelerate in the Middle East. Where to hide? Well gold popped some $20, but as an American investor so what, what’s the big deal.