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Gold

Technical Trading: Bear Channel Pattern Leaves Gold Vulnerable
www.forbes.com

(Kitco News) – Comex December gold futures continue a stair step pattern lower, within a well-defined bear channel pattern. Last week's selling action took the gold market down to a chart support level from mid June, which is holding for now. But, the …

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Gold Steady-Weaker; Strong U.S. Dollar, Bearish Technicals Limit Buying Interest
www.forbes.com

(Kitco News) – Gold prices are trading steady to modestly lower in early U.S. dealings Monday. Some mild bargain hunting and short covering are seen, but the surging U.S. dollar index, which hit another 13-month high overnight, and the bearish …

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iPhone 6 Gold available for pre-order
www.loadthegame.com

How can that be? Amosu, a high-end luxury phone manufacturer has just announced that the iPhone 6 24K Gold is available for pre-order on their website. The iPhone 6 will be officially announced tomorrow at the Flint Center, but Amosu, a company that …

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'Gold Rush' returns for Season 5 on Oct. 17, promising new miners and new claims
www.oregonlive.com

Oregon's Todd Hoffman and the rest of the "Gold Rush" crew will return for a fifth season on Oct. 17, the Discovery Channel announced today. A top-rated show for the channel, "Gold Rush" has spent the past four seasons chronicling the efforts of men …

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Transacting in Gold Can Shaft The IRS
www.forbes.com

In 2011, the state of Utah passed a law banning taxes on the use of gold and silver coins as currency and permitting residents to remit state taxes in these coins. Big deal, you might say. That's already in the Constitution: “No state shall…make …

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Goldcorp CEO Jeannes Sees "Peak Gold" in Sector This Year or Next
online.wsj.com

Mr. Jeannes said in an interview that a falloff in supply will support the gold price, but make mining it even harder and lead to further consolidation in the industry. Still, the Vancouver-based miner played down investors' expectation that Goldcorp …

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Gold Market Watching Whether Pound Weakness Ahead Of Scottish Vote Means …
www.forbes.com

(Kitco News) – Apparently increasing support for Scottish independence has had limited impact on gold so far – at least in U.S. dollar terms — but could result in some pressure for the metal if the vote should lead to a stronger greenback against more …

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India prepares for shining return of gold demand
www.ft.com

Festival season is kicking off in India – a period in which gold sales traditionally spike in the world's largest consumer market for the precious metal. This year investors are watching the key market particularly closely, following a period of muted …

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Strengthening of Dollar Sends Gold Prices Falling
online.wsj.com

Gold prices fell Monday, as a strengthening dollar led investors to sell the precious metal. Gold for December delivery, the most actively traded contract, was recently down $8.20, or 0.6%, to $1,259.10 a troy ounce on the Comex division of the New …

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