Gold Prices Set to Climb The partial shutdown of the US government caused by a budget impasse in the US Congress caused wide oscillations in gold and other precious metals this week. As Gold Investing News went to press Thursday, the shutdown was in …
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking analyst upgrades and downgrades — just in case their reasoning behind the call makes sense. What …
Gold futures may test this year's low in coming weeks as prices on charts form a head-and-shoulders pattern that signals more selling, according to Hiroyuki Kikukawa of Nihon Unicom Inc. The most-active contract on the Comex in New York fell to $1,276 …
One of the biggest problems facing a miner, a refiner, a jewelry maker and anyone forced to hold gold for a period of time, when his business is not speculating on the gold price, is avoiding the price risk inherent in owning gold for such a time. Just …
Investing.com – Gold prices traded lower during Thursday's Asian session on what appears to be a bout of clear profit-taking after the yellow metal surged Wednesday as the ongoing US government shutdown forced traders to seek safety in the precious …
(Kitco News) – Gold prices are solidly lower in early U.S. trading Thursday. Daily price moves in gold this week have become more volatile due to increasing trader and investor uncertainty in the market place. December Comex gold was last down $17.70 …
“The unanticipated unwinding of U.S. quantitative easing and expectations of improving but unspectacular economic growth leave little room for a rebound in gold prices over the next few years, while a further decline remains a real possibility,” Fitch …
… for U.S. stimulus measures. Spot gold rose 0.2 percent to $1,318 an ounce, having cut heavier losses seen earlier in the session following the release of U.S. data, while U.S. gold futures for December delivery settled $3.10 lower at $1,317.60 an …
… for gold. An explosion in physical demand from the second biggest economy has prevented a sharp sell-off from becoming a disorderly rout – and provided nervous investors with a reason to remain positive on gold as its 13-year bull run comes to an end.