Gold declined in early U.S. trading, as the yellow metal is once again impacted the U.S. dollar index, which is higher on Wednesday. Market players are now digesting ADP national employment report and trade data from the U.S., as well as ECB President Mario Draghi comments...
On Wednesday the greenback rose against a basket of other major currencies, as investors awaited the release of a series of U.S. economic reports for further indications on the outlook for second quarter growth...
Growth in Britain’s key services sector have slowed, according to fresh data, which spurred concerns about the economy’s ability to bounce back from the weak start to the year...
Gold edged lower on Wednesday despite broadly weaker dollar, as investors awaited the release of important U.S. data later in the global day for fresh signs on the state of the economy and the timing of the Fed rate hike...
On Wednesday the dollar remained broadly lower against the other major currencies as weak U.S. factory data released Tuesday dampened expectations for higher interest rates...
US DOLLAR TECHNICAL ANALYSIS Prices resumed its advance, touching the highest level in six weeks. Near-term resistance is at 12037, the 76.4% Fibonacci retracement, with a break above that on a daily closing basis exposing the March 13 high at 12149...
On Wednesday the Australian dollar was higher as the country's GDP rose more than expected in the first three months of the year...
1. Tangibility Only when you have actual metal in your possession do you have a hard asset that is free of counter-party risk. 2. Frugality During a financial crisis, the melt value of your coins may be all that matters...
The greenback hit session lows against the euro and the yen on Tuesday after data indicated U.S. factory orders fell for the sixth straight month in April...
On Tuesday Wall Street opened lower as investors were nervous about the outcome of the Greece talks and continued volatility in currency markets...
Gold edged higher in early U.S. trading Tuesday, rebounding from recent selling pressure, as the U.S. dollar index was solidly lower today - which is working in favor of the precious metals and the raw commodity sector...
On Tuesday the greenback edged lower vs rivals, as investors locked in profit-taking from the dollar's recent rally caused by a series of recent positive data and mounting expectations for a U.S. rate hike later in the year...
Oil prices were boosted on Tuesday as dollar retreated from highs and after the comments by Saudi oil minister Ali al-Naimi. Meanwhile, traders awaited a key meeting of the Organization of the Petroleum Exporting Countries on Friday...
Now that we are moving into summer months, Kitco News analysts decide to speak about seasonality and what to expect from gold in the second half of the year...
David Whiteing, the CIO of the Commonwealth Bank of Australia or CBA which will soon launch Ripple technology for its subsidiaries to transfer payments between them, says that digital currency technology is where the future of payments is heading...
On Tuesday the dollar rose to fresh 12-and-a-half year peak against the yen as positive data on U.S. manufacturing activity and construction spending spurred renewed expectations for higher interest rates later in the year...
According to the weekly Kitco gold survey, both Wall Street and Main Street are expecting to see higher prices in the near-term; however, the analysts surveyed have a stronger upside bias...
The company informs that the initiative allows Bitstamp’s clients to get US dollars, Euros or British pounds denominated debit cards. Nonetheless, these debit cards can be either virtual or physical and loaded with Bitcoin...
