(Kitco News) – Economic data will help determine price direction for the gold market next week, with market participants awaiting the critical monthly nonfarm payrolls data. Traders will also keep an eye on the Middle East to see if tensions flare up …
… is not aware of any concrete or immediate plan to coordinate offshore intervention. In commodity markets, gold fell 0.9 percent to below $1,400 an ounce, moving away from a 3-1/2 month high hit Wednesday when fears over Syria prompted a flight to …
(Kitco News) – Gold futures rose this week on geopolitical tensions surrounding Syria but gave up those gains on ideas that a military strike on the country by the U.S. and its allies may not be imminent after all. Additionally, some observers said …
This weekend looks set to make some Dubai residents a whole lot richer – and thinner – as the city-state's "Your weight in gold" program comes to an end. The 30-day anti-obesity campaign, which pays participants in gold for shifting the pounds was …
Among leading gold stocks, AngloGold Ashanti (NYSE: AU), Eldorado Gold (NYSE: EGO) and Royal Gold (NASDAQ: RGLD) saw significant upswings in short interest between the July 31 and August 15 settlement dates. However, Agnico-Eagle Mines …
(Kitco News) – Improving economic conditions in Europe are not providing much support or direction for gold prices, said analysts. Uncertainty about Greece's economy or German elections might not be enough to drive prices, they added. Ole Hanson …
(Kitco News) – Higher prices are expected for gold next week, with a slight majority of participants in the Kitco News Gold Survey citing supportive technical charts. In the Kitco News Gold Survey, out of 36 participants, 22 responded this week. Of …
Gold is having a summer revival. The price of gold touched $1,420 an ounce this week, a three-and-a-half month high, as escalating tensions in the Middle East, volatile currency markets and renewed demand for jewelry in China and India pushed prices …
Gold up 5 percent in August. * Dollar hovers near 4-week high on upbeat U.S. data. * Oil falls after Britain says no to Syria action (Updates prices, adds comment). By Clara Denina. LONDON, Aug 30 (Reuters) – Gold fell below $1,400 an ounce on Friday …