Investors will want to own gold as America faces a debt reckoning’ – Maison Placements Canada’s John Ing

Investors will want to own gold as ‘America faces a debt reckoning' – Maison Placements Canada's John Ing One of Toronto’s oldest boutique investment firms is warning investors that gold could be a good asset to own as the world faces significant threats in the coming months and years. In his latest research report, John […]

Gold price pauses Wednesday after solid gains Tuesday

Gold price pauses Wednesday after solid gains Tuesday Gold prices are just a bit weaker and silver higher in midday U.S. trading Wednesday. Gold is seeing some routine profit-taking from the shorter-term futures traders, following this week’s gains. A rebound in the U.S. dollar index and an uptick in U.S. Treasury yields at mid-week are […]

Gold prices can fall 4 in the near term but its long-term outlook remains bullish – Natixis

Gold prices can fall 4% in the near term, but its long-term outlook remains bullish – Natixis Weak inflation pressures have pushed gold prices solidly back above $1,950 an ounce; however, despite Tuesday’s gains, one international bank is looking for lower prices through the end of the year as the fear trade continues to fade. […]

Gold gains on short covering bargain hunting

Gold gains on short covering, bargain hunting Gold prices are moderately higher near midday Monday, on some short covering by the shorter-term futures traders and some perceived bargain hunting after recent selling pressure. Gold and silver prices overnight hit four-week lows. December gold was last up $7.00 at $1,944.70. December silver was last down $0.061 […]

Gold prices open Sunday in positive territory as markets react to Moody’s negative outlook on US debt

Gold prices open Sunday in positive territory as markets react to Moody's negative outlook on U.S. debt Gold prices remain below $1,950 an ounce but are seeing a positive start to the week as investors react to Moody's negative outlook on U.S. debt. Late Friday, after North American markets closed, the rating agency affirmed  America's […]

Gold silver rebound as USDX dips crude gains

Gold, silver rebound as USDX dips, crude gains Gold and silver prices are moderately higher in midday U.S. trading Thursday. The precious metals bulls stepped in to buy the dip in prices following some technical selling pressure recently. The key outside markets were mostly friendly for gold and silver today. The U.S. dollar index was […]

Gold pressured on technical selling drop in crude oil

Gold pressured on technical selling, drop in crude oil Gold prices are lower in midday U.S. trading Wednesday. The sellers are in control today as crude oil prices have slumped to a 3.5-month low and as the near-term technical posture for the yellow metal has deteriorated this week—prompting some chart-based selling from the speculators. Silver […]