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Archive: September 2017


Yes, Gold Is Under Pressure But Not For Long – ABN Amro

(Kitco News) – Gold prices are struggling due to U.S. yields and have potential to fall further, but a recovery for the metal is coming, says ABN Amro. “The rally …

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“Pressing” Need to Reform the Gold-Trade in India – WGC

(Kitco News) – The World Gold Council Thursday proposed a spot gold exchange for India and offered to play a lead role in establishing a committee to provide guidance. The …

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Gold Slightly Up in 2-Sided Action; Bargain Hunters Step In

(Kitco News) – Some bargain buyers surfaced to buy the dip in gold prices in late Trading Thursday, to lift the metal just above steady on the day. Trading was …

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Gold To Remain Under Pressure As Metal ‘Gives Way’ To Hawkish Fed

(Kitco News) – After taking a hit and plunging below $1,300 an ounce this week, gold is looking to remain under pressure, as the more aggressive U.S. Federal Reserve holds …

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Buy 10 oz Gold Bullion Bars

Buy 10 oz Gold Bullion Bars Acquiring 10 oz gold bullion bars from Kitco Metals is a solid choice for those who seek value and guaranteed gold bar brands. All …

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The Gold Sector Tests Strong Support Levels on Fedspeak

Last week, I mentioned the possibility of strong support levels in the gold sector, which were previously resistance zones, being tested in the wake of the Federal Open Market Committee …

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Teranga CEO Upbeat About West African Projects, Price Of Gold

Richard Young Further, Richard Young said, the Central Bank of West Africa States has expressed an interest in accumulating gold – one of the forms of demand that leaves him …

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Gold Prices Choppy Amid FOMC Meeting, Fiery Trump Speech

(Kitco News) – Gold saw trading on both sides of unchanged in a choppy session Tuesday. The marketplace is awaiting the results of the Federal Reserve’s Open Market Committee (FOMC) …

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Turkey To Make Use Of 2,200 Tons Of Gold Stashed ‘Under Mattresses’

(Kitco News) – The Turkish people have reportedly stashed gold “under mattresses” and the government wants a piece. Officials want to make use of the bullion by issuing “gold bonds …

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Bitcoin Is Bitting Away At Gold’s Safe-haven Appeal – Mohamed El-Erian

“Cryptocurrencies are not going away anytime soon and are part of gold’s problems,” said Mohamed El-Erian, former PIMCO head and chief economic advisor for Allianz, during CME Group’s annual precious …

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