Gold steadied on Thursday as a weak dollar extended losses following weaker-than-expected U.S. jobs data, but a rebound in European shares after comments from Russian President Vladimir Putin on the Ukraine conflict limited gains. Initial claims for U …
Approaching the final barrier, the Frenchman had the race and gold medal in the bag, having a enough time in hand to showboat by stripping off his running vest before putting it into his mouth and waving to the crowd. Fans in the Letzigrund Stadium in …
"Gold looks set to head higher," Money Morning Resource Specialist Peter Krauth said last week. "Gold's 50-day moving average recently pushed above the 200-day moving average, completing what's known in technical analysis as a bullish golden cross.".
(Kitco News) – Gold prices ended the U.S. day session near unchanged in two-sided trade Thursday. Gold bulls and bears are fighting for control on both the fundamental and technical fronts, with neither gaining any significant edge. The stronger U.S …
The price of gold is the same around the world but the cost of production unfortunately is not. According to a recent article by Forbes' columnist Tim Treadgold, gold mining companies are earning more from US based mines than anywhere else in the world.
Investors pay close attention to the quarterly filings by notable fund managers because they provide the best insight into whether the so-called smart money has changed its sentiment toward gold as a hedge against inflation and economic uncertainty.
Gold prices edged higher Thursday, as recent shortfalls in U.S. data bolstered the case for a slowdown in the country's economic recovery. Gold for December delivery closed up $1.20, or 0.1%, at $1,315.70 a troy ounce on the Comex division of the New …
No matter how much the "gold bugs" conjure up gloom and doom, out-of-control budget deficits, or the worthlessness of paper money, they seem to obscure the fundamentals that have made the "glittering commodity" and its less celebrated first cousin …
For the first time since before gold peaked in September of 2011, gold mining stocks actually look like a better bet than the commodity itself. More specifically, since all of these trading instruments hit a bottom last December, the Market Vectors …