Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound As Treasury Yields Pull Back
Gold prices are moving higher, supported by weaker dollar and lower Treasury yields.
Gold Just Fell to a Two-Month Low as the Fed Signals Another Hike
The Fed just signaled it may not be done raising rates, and gold is paying the price. Here is what the selloff means for miners whose profit forecasts still depend on prices the market has already abandoned.
Peter Schiff says rising yields are 'the most bullish thing' for gold, warns Washington could pay 50 cents on the dollar
Schiff tells Kitco News anchor Jeremy Szafron that 9% mortgages and a 30% to 50% drop in home prices could be next, and why he holds more of his own money in gold miners than bullion.
Gold price at $4,122/oz after U.S. weekly jobless claims fall to 197k
Gold prices are trading near the middle of their daily range on Thursday morning following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists' forecasts.
Gold (XAUUSD) & Silver Price Forecast: Fed Minutes Weigh, Can Gold Hold $4,100?
Fed minutes keep December tightening risk alive as gold tests $4,100 support and silver breaks below $59.96 amid high yields and a strong dollar.
Gold Falls as Higher Yields, Stronger Dollar Weigh
Gold slipped in early Asian trade. Higher bond yields and a stronger dollar are likely weighing on investor demand for the precious metal, ANZ said.
Gold (XAU/USD) Price Forecast: Bearish Trend Deepens Towards Key Support Zone
Gold extends its correction to $4,066 as sellers retain control, while major support and a potential falling wedge could determine whether the decline continues.
China's central bank buys 21 tonnes of gold in September, largest monthly purchase in 3 years
China ramped up its gold purchases in September as bullion prices declined, recording the largest monthly increase in its official reserves in three years, the People's Bank of China announced on Wednesday.The central bank increased its gold reserves by 21 tonnes last month to 2,196 tonnes as of the end of September, marking the 23rd consecutive month of purchases, according to the PBoC.
Gold Price Forecast – Gold Testing Major Trendline
Gold slips through a trend line. This is a market that continues to see a lot of noise, but at this point, the interest rates being so high is a major problem for the bulls here.
Buxton Resources closes in on EM conductor at Madman copper-gold project
Buxton Resources Limited (ASX:BUX, FRA:3B4) is approaching a key electromagnetic (EM) target at its 100%-owned Madman copper-gold project in Western Australia, with diamond hole MD004DD now at around 500 metres downhole and drilling continuing towards a modelled conductor between 600 and 700 metres. The conductor sits about 250 metres north-northeast of previous hole MD003DD and is interpreted to occur within a larger structurally controlled hydrothermal system, providing Buxton with a direct test of one of the project's highest-priority targets.
Gold Ticks Lower as Investors Await Fed Meeting Minutes
Gold edged lower in Asian trade ahead of the Federal Reserve's September meeting minutes due later in the global day.
Gold (XAU/USD) Price Forecast: $4,104 Support Puts Bears on Notice
Gold tested key Fibonacci support at $4,103 before recovering, raising the possibility of a short-term bounce even as the broader bearish trend remains intact.
