Gold and Silver Advance on Improving Economic Data
On Monday, gold futures advanced for the fourth consecutive session. Silver futures surged to above $21 for the first time since the middle of...
Precious metals outlook boosted
Instead of a multi-year downtrend, with disinvestment putting pressure on precious metals prices over time, many of the variables that drive gold prices (lower...
Optimistic Forecast: UBS Sees Gold Price Averaging $1,350 in 2017
Swiss bank UBS forecasts gold price to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant declines...
Gold prices poised to strengthen in the week ahead
Gold prices will aim higher next week on the back of a renewed market volatility.
Despite that the Comex February gold futures were unable to...
Gold Prices: Flat, Higher or Sideways
Last Friday, gold futures extended their losing streak to a sixth straight session and posted nearly 5% loss for the week. That was the...
Precious metals off to big start in 2014
Gold had its biggest day in three weeks on Thursday, up 1.8% to $1,224 per ounce. Silver was also higher by 3.3%, with optimism...
Gold’s Slump May Continue Next Week
Gold prices dropped to their lowest finish in about four months last Friday concluding the week in a loss.
August gold lost $13.60, or 1.1%,...
Barclays cuts 2016 gold and silver price forecasts, but safe haven...
In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017.
"Overall, while...
Gold Prices Trending Higher
Last Friday, gold futures advanced for a third-straight session in a row to end up nearly 2% for the week. Prices for the yellow metal...