Oil decreased 1.1 percent, reversing earlier gains, while gold futures lost 1.3 percent. The U.S. trade deficit narrowed more than forecast in June to the lowest level since October 2009 as crude oil imports declined and American companies shipped more …
(Kitco News) – Gold may remain range-bound in the medium term but ultimately should find further support since the world's major central banks continue “printing money,” fueling potential for inflation, says the portfolio manager of a large gold mutual …
(Kitco News) – Comex gold futures prices are lower, hovering near a three-week low and have dropped below the $1,300.00 level in early morning U.S. trading Tuesday. A lack of fresh, market-moving fundamental inputs early this week is allowing the …
In part one of my series on gold, Was Gold In A Bubble, I discussed why I thought that the gold price had gotten ahead of itself, like any asset in a bull market, but was not in a bubble. I compared it with bubbles of years past and showed the …
LONDON, Aug 6 (Reuters) – Gold extended losses to a 2-1/2-week low on Tuesday, as data showing economic growth on both sides of the Atlantic dented the metal's appeal as a safe haven and triggered technical selling. The figures showed U.S. trade …
First, locking in a price for gold limits potential profit gains. Second, the sector's history with hedging hasn't been happy. Once the bull market in gold got going in 1999, many hedge books became a drag on profits. Investors cheered in 2009 when …
"Newspapers have gone from the public markets to the hands of a relatively few billionaires who have an appetite for social, civic and financial roles," Mr. Doctor said. Based on the math, it is hard to justify a $250 million valuation for The …
His plan is to have the federal government provide subsidies for those with low incomes by taking money from business and the affluent. The problem is that high taxation restrains economic expansion and inhibits the country from creating new avenues of …
Locating the hotels in Rockville and Norwalk – both affluent communities with a high wellness-minded resident and traveler base – firmly establishes our wellness-focused brand near major markets where the existing IHG family of brands already has a …