Gold is up around $34 an ounce just since 8:30 AM, when the jobs report was released. Taken alongside the big surge in Treasuries and the plunge in the dollar against the euro and the yen, it appears that markets are busy pricing in reduced chances …
Gold fell to a two-week low on Friday, on track for its worst week in a month as the dollar and U.S. yields strengthened on expectations that an upbeat jobs report could prompt the Federal Reserve to withdraw stimulus soon. Strong U.S. jobless benefits …
Gold, trading little changed in New York, rebounded from earlier losses after U.S. employers added fewers workers than forecast last month, raising speculation that the Federal Reserve will press on with stimulus efforts. The 162,000 increase in …
Disclaimer: Both myself personally and the clients we manage may invest in IVV, VGPMX, IAU and SLV. I've written elsewhere that it is better to invest in precious metal mining companies than the metals themselves. Precious Metal Mining companies are …
(Kitco News) – Gold futures quickly recovered from their overnight weakness Friday after the government issued a weaker-than-forecast U.S. jobs report. The metal initially slid overnight largely when sell stops were triggered on a break below $1,300 an …
Gold is heading for the first annual drop in 13 years after some investors lost faith in the metal as a store of value. The slump that wiped $58.1 billion from the value of gold funds hurt investors including hedge fund billionaire John Paulson as well …
Missy Franklin has given herself another chance to tie the record for the most gold medals at a world championships. The 18-year-old American led the 200 backstroke heats Friday as she attempts to match Tracy Caulkins of the United States and Libby …
Gold fell to a two-week low on Friday, on track for its worst week in a month as the dollar and U.S. yields strengthened on expectations that an upbeat jobs report could prompt the Federal Reserve to withdraw stimulus soon. Strong U.S. jobless benefits …
The Finance Minister has been closely watching gold purchases, which are the second-biggest item in India's import bill after crude oil. And the huge amount spent on importing the metal is depleting the country's foreign exchange reserves and …