Erfle on Juniors: “The Switch Is Definitely Flipped On”
(Kitco Mining) The junior mining sector has entered a new phase of momentum, with capital flowing back into equities as gold and silver test new highs, says JuniorMinerJunky.com founder David Erfle.
Read moreGold is going mainstream above $4,000 as investors hedge against rising sovereign debt – BMO Capital Markets
(Kitco News) – The U.S. government is once again on the cusp of a shutdown, bringing renewed focus to the nation’s burgeoning debt. One Canadian bank believes this will be the latest driving force for gold through year-end.
Read moreIndian gold and silver imports double despite sky-high prices to beat higher duties at month-end
(Kitco News) – India’s gold and silver imports nearly doubled from August to September despite record-high prices, according to trade and government sources.Banks and jewelers raced to build up inventories this month ahead of festivals and expected higher taxes on imports at month-end.
Read moreGold firmer following downbeat U.S. data, looming U.S. gov’t shutdown
(Kitco News) – Gold prices are modestly up and erased earlier gains near midday Tuesday, following some weaker U.S. economic data and amid the specter of a U.S. government shutdown.
Read moreGold is not just a monetary metal; it is a force of nature, says Robert Gottlieb
(Kitco News) – Gold’s fresh rally to all-time highs above $3,800 continues to prove that this bull run has no equal in recent history and that the precious metal itself has become a force of nature, according to one market strategist.
Read moreCan gold attract more investment demand if U.S. labor market stabilizes?
(Kitco News) – Despite some overnight volatility, the gold market continues to hold solid gains above $3,800 an ounce, even as the U.S. labor market shows signs of stabilizing, with the number of jobs available holding steady from the previous month’s sharp drop.
Read moreSpot gold spikes to $3,838/oz as U.S. Consumer Confidence falls to 94.2 in September
(Kitco News) – Gold prices shot back into positive territory after the latest data showed U.S. consumer sentiment declining further than expected this month.The Consumer Confidence Index fell to 94.2 in September, well below economists’ consensus forecast for a 96 reading and also below the upwardly revised 97.8 print from August, the Conference Board announced on Tuesday.
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Building Trust and Transparency: Essential Practices for Pawnbrokers and Gold Buyers
By Demetris Christou, Managing Director – AGD Global In the precious metals trade, reputation is everything. For pawnbrokers and gold buyers, success depends not just on pricing or convenience but on the ability to inspire confidence. Trust and…
Read moreProfit-taking price pressure on gold, silver
(Kitco News) – Gold prices are modestly down and silver prices are lower in early U.S. trading Tuesday. Routine profit taking is featured from the shorter-term futures traders after gold hit a record high and silver a 14-year high on Monday.
Read moreBitcoin September 30 daily chart alert – Bulls clawing back
(Kitco News) – Tuesday, September 30–October bitcoin futures prices are lower in early U.S. trading Tuesday, after posting solid gains on Monday
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