$5,000 gold is back in play, and $10,000 is a matter of 'when, not if' - State Street's Doshi
Gold's recent correction appears to have done little to damage its long-term investment case, and with concerns over unsustainable sovereign debt returning to the forefront of global financial markets, one strategist sees $5,000 an ounce by year-end firmly back in play.
Gold sees profit taking even as US consumer confidence drops 89.4
The gold market continues to face modest selling pressure even as consumer confidence in the U.S. falls to its lowest level since the start of the year.
Gold fades after PCE keeps September Fed hike live - Kitco AM Report
Spot gold and silver prices are lower in early U.S. trading Wednesday, after July PCE inflation came in slightly hotter than expected and pushed Treasury yields higher ahead of Friday's Jackson Hole remarks.
Gold prices see some profit taking as US economy rises 1.5% in Q2, PCE inflation rises 0.2%
Relatively steady economic data is prompting some investors to take profits in gold and silver as the Federal Reserve remains on track to raise interest rates to bring inflationary pressures under control.
Gold price falls to session low $4,612/oz after U.S. durable goods rise 1.1% in July
The gold market is trading near session lows after the latest economic data showed sales of durable goods last month beat expectations.The Commerce Department announced Wednesday that U.S. durable goods orders rose 1.1% in July, following June's unrevised increase of 0.3%. The data was above expectations, as the consensus view of economists called for an increase of 0.5%.
Gold (XAU/USD) & Silver Price Forecast: Lower Yields Support Metals Before PCE
Gold and silver await U.S. PCE and Kevin Warsh's Jackson Hole speech as lower Treasury yields and easing Iran risks reshape the precious-metals outlook.
Gold is having its best month since 1999. A former banker told me most people still aren't protected
Five up weeks. On pace for the best month since 1999.
Natixis raises gold price target to $5,000 as U.S. debt and bond market fears mount
After a months-long correction, gold prices appear to be back on the path to $5,000 an ounce, according to one market analyst.
Gold remains a strategic hedge from underpriced inflation and policy risks - Société Générale
Renewed investor interest is providing new support for gold above $4,600 an ounce, and according to Société Générale, the precious metal will continue to play an important role in a diversified portfolio.
Gold sees profit taking even as US consumer confidence drops 89.4
The gold market continues to face modest selling pressure even as consumer confidence in the U.S. falls to its lowest level since the start of the year.
Gold price remains under pressure as U.S. new home sales fall 10.5% in July
The gold market continues to see modest selling pressure, the result of some profit-taking after testing resistance at $4,700 an ounce overnight; however, according to some analysts, the precious metal remains well supported as an important safe-haven asset as the U.S. housing sector continues to struggle.
Gold slips from three-month high as Treasury buybacks, Iran risk frame trade - Kitco AM Report
Spot gold prices are modestly lower, while spot silver prices are seeing a deeper struggle in early U.S. trading on Tuesday, as a firmer U.S. dollar prompted some profit-taking after gold briefly approached the $4,700-an-ounce area overnight.
