"Gold's inability to rally in response to the weaker dollar this past week is a disappointment and reinforced the bearish trend that's been in place since the mid-May rally above $1,220," said Ken Morrison, trader and editor Morrison On The Markets...
The stronger US jobs report sent gold lower - reaching the lowest trading level since March 19th. The low price extended a little below that level to 1162.66 before rebounding back higher...
According to UBS, gold remains a strong safe-haven asset despite changing dynamics in the marketplace during the last 15 years...
Gold prices climbed on Monday on some short covering in the futures market and some bargain hunting in the cash, says Kitco News. Prices had dropped to a 2.5-month low last Friday...
On Monday copper prices approached the lowest level in six weeks, after official numbers showed that China's imports of the metal were slower in the previous month...
Gold went from $250 /oz in 2000 to just over $1,900 within the next decade to hit the level of $1,900 in 2011. What if the yellow metal does the same run over the next decade? MarketWatch's columnist Avi Gilburt explains why it can happen...
Gold was reaching the lowest trading level since March 19th. However, a lower channel support trend line held and the dollar peaked as well and started to correct. The lower channel trend line was tested at the 1163.50 area. The low price extended a little below that level to 1162...
The commodity complex is weaker post jobs data, analysts at INTL FCStone say noting that they expect more downside...
Gold enthusiasts, who love the shiny metal as much for political reasons–like their distrust of fiat money–as they do for its investment potential, have been searching for a story for why it will reach the lofty heights of 2011 once again. "The likelihood of higher interest rates in the U.S...
According to the recent report by the World Gold Council, strong and robust gold mining sector is necessary to maintain healthy global economy, as the gold mining industry was directly responsible for contributing $83.1 billion to the global economy in 2013...
Gold prices were steady near a three-week low touched in the previous session on Thursday, traders were keeping an attentive eye on developments surrounding negotiations between Greece and its international creditors...
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...
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...
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...
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...
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...
On Monday gold saw a rise after the release of disappointing U.S. personal spending data which pressured the U.S. dollar index. Separately, the rumors were swirling in the markets that the Greece and its creditors have reached a deal, which, however, have not been confirmed...
US DOLLAR TECHNICAL ANALYSIS Prices continued to press upward, hitting the highest level in over a month. 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...
The movement of gold little changed at the opening of the European trading sessionon Friday (29/05) this afternoon amid anticipation of investors against its first quartereconomic growth data in the US later on this evening. In the past few days us economic data strengthened the successful u.s...
