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News


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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Gold Up in Choppy, 2-Sided Session

Gold prices were ending a choppy U.S. trading day with slight gains Thursday. Prices traded on both sides of unchanged during the day session. Several fundamental elements were at work …

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Ex-UBS Precious Metals Trader Accused Of Manipulating Markets

In another case of market “spoofing,” a former UBS trader was charged with manipulating gold, silver, platinum and palladium prices. Conspiracy, wire fraud and commodities fraud are among the charges …

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Interviews Is Gold Overpriced? This Bullish Firm Thinks So

(Kitco News) – Even though geopolitical tensions could push gold to much higher levels, currently the precious metal remains overpriced, says one expert. “Gold has the ability to test $1,400 …

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News Bites Before Getting Apple’s iPhone 8, Recycle The Gold!

Kitco News – It’s September and you know what that means…Apple is unveiling a new iPhone. On September 12, the tech giant will be holding an event to showcase the …

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Gold Weaker Amid Upbeat Trader/Investor Attitudes…For Now

(Kitco News) – Gold prices were ending the U.S. day session moderately lower Tuesday. A “risk-on” trader and investor mentality in the marketplace early this week is keeping the safe-haven …

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Gold Demand Secure As Stock Market Pullbacks To Intensify

(Kitco News) – Gold is outperforming several U.S. stocks this year, surprising many investors with its great returns amid increased geopolitical tensions, said the World Gold Council’s director of investment …

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