|Day's Range||1,291.30 - 1,303.10|
Investing.com – Gold prices fell on Friday amid a sharp rise in the dollar on growing expectations of tax reform after the Senate approved the Republican-backed budget.
Gold prices moved lower on Friday, whipsawing after testing the 10-day moving average and closing near the session lows. A stronger than expected Canadian CPI helped weigh on gold prices. Support on gold is seen near the October lows at 1,260. Momentum is neutral as the MACD (moving average convergence divergence) index prints near the … Continue reading Gold Price Prediction for October 23, 2017
Investing.com - Crude oil prices bounced off session lows on Friday, after traders locked in profits from the commodity's recent gains as optimism surrounding a gradual tightening of the market continued to support.
Investing.com - Gold prices remained lower on Friday, as the U.S. dollar was still broadly supported by fresh hopes for a major U.S. tax overhaul.
Categories: Yahoo FinanceAcacia Mining Plc relative valuation is UNDERVALUED and it has a fundamental analysis score of 78. Our analysis is based on comparing Acacia Mining Plc with the following peers – Agnico-Eagle Mines Limited, Royal Gold, Inc., New Gold Inc., Asanko Gold, Inc., IAMGOLD Corporation, Barrick Gold Corporation, Compania de Minas Buenaventura SAA Sponsored ADR, Harmony ... Read more (Read more...)
Futures for Canada’s main stock index were trading slightly higher on Friday after data from Statistics Canada showed the country's annual inflation rate rose the most in five months in September on higher ...
Stock futures for Canada's main stock index edged higher on Friday after the U.S. Senate approved a budget blueprint that paves the way for tax cuts, raising speculation on the return of the "Trumpflation ...
Comex gold futures were down $3.54 or about 0.28% at $1,286.44 a troy ounce by 03:00 a.m. ET (07:00 GMT). The greenback was boosted after the U.S. Senate late Thursday approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue tax-cut plans without Democratic support. The Republican-controlled Senate voted for the budget measure by 51-to-49, which would add up to $1.5 trillion to the federal deficit over the next ten years in order to pay for proposed tax cuts.
Gold miner Acacia Mining said on Friday it had cut spending by 33 percent in the third quarter of the year compared with a year ago as it adapted to the ban on its gold and copper exports in Tanzania. The London-listed company, Tanzania's largest gold miner, said capital expenditure fell to $35.6 million in the three months to September. The company said gold production for the quarter fell 8.3 percent to 191,203 ounces compared to the previous quarter, as it reported on Oct. 12.
Gold prices recovered on Thursday after hitting their lowest level in more than a week. The short-covering rally was strong enough to produce a potentially bullish technical pattern on the charts. December Comex Gold futures settled at $1290.00, up $7.00 or +0.55%. The early session weakness was fueled by firmer U.S. Treasury yields, however, the … Continue reading Price of Gold Fundamental Daily Forecast – Pressured After Senate Passes Budget, Moving Republicans Closer to Tax Reform
The financial markets were mixed on Thursday with several posting volatile two-sided trades as investors reacted to economic data and outside events. In the U.S., investors had the opportunity to react to Weekly Unemployment Claims, the Philadelphia Fed Manufacturing Index and the Conference Board’s Leading Index. According to the U.S. Department of Labor, in the … Continue reading U.S. Weekly Unemployment Claims Hit Lowest Level Since 1973
Investing.com – Crude oil prices settled lower on Thursday as data showing a larger than expected build-up of product inventories continued to weigh on sentiment.
1. Valley forge “‘It’s easy to say, ‘Get these people out, build the wall,’ when it’s these people. When you put a live person in front of them, like their hairdresser or their kid’s best friend, then it’s different.” We begin today in the San Joaquin Valley with what, these days, might feel like the…
Gold prices rebounded on Thursday as the dollar eased, as risk aversion reentered the markets following a softer than expected Chinese GDP report. Prices rebounded back to resistance near the 10-day moving average at 1,288. Support on the yellow metal is seen near the October lows at 1,260. Positive momentum is decelerating as the MACD … Continue reading Gold Price Prediction for October 20, 2017
Crude oil price traded under pressure on Thursday following a report from Chinese authorities that showed that GDP declined from the prior quarter. The move prompted a selloff in riskier assets, which weighed on crude oil prices. This comes on the heels of Wednesday’s larger than expected decline in crude oil inventories, which helped price … Continue reading Crude Oil Price Analysis for October 20, 2017
On a YTD (year-to-date) basis, RGLD, AEM, and FNV have risen 38.3%, 7.3%, and 33.3%, respectively, while Goldcorp has seen a YTD loss of 3.4%.
Lloyd Blankfein has had an account on Twitter since 2011, but the Goldman Sachs CEO only began tweeting four and a half months ago. It’s too bad he held out on us all those years. He has offered up 20 tweets since June 1, a pace of one per week, and they’re a satisfying mix…
Marlin Gold Mining Ltd (TSXV:MLN), a metals and mining company based in Canada, received a lot of attention from a substantial price movement on the TSXV in the over theRead More...
Investing.com - Gold prices turned higher on Thursday, erasing earlier losses as the U.S. dollar weakened despite the release of upbeat U.S. economic reports.