|Day's Range||1,320.90 - 1,321.80|
NEW YORK/LONDON (Reuters) - Gold turned lower on Monday, pressured by profit-taking after extending gains above the $1,300 mark to a three-week high amid ongoing tensions over Iran and North Korea as well as recent weak U.S. economic data. Spot gold was down 0.6 percent at $1,296.51 an ounce by 2:35 p.m. EDT (1835 GMT). U.S. gold futures for December delivery settled down 0.1 percent at $1,303.
From Streetwise Reports: Technical analyst Clive Maund charts the reasons silver bugs may have an opportunity for happier days ahead. Like gold, silver gapped out of its downtrend last week, but volume was lacking on this move, which, given the… Read more ›
Attinghausen, Switzerland I’m being driven along the eastern shore of Lake Lucerne when my guide points out our destination. “The bunker is in one of those mountains,” says Maxim Kon, gesturing at a fog shrouded peak on the opposite shore as he pilots his BMW convertible. Kon is taking me to see one of the…
The German index gapped higher at the open on Monday, clearing the €13,000 level again. However, we have fallen a bit towards the end of the day, testing an uptrend line on the hourly chart. We are below the €13,000 level as well, so that also is a somewhat negative sign. The 24 hour exponential … Continue reading DAX Index Price Forecast October 17, 2017, Technical Analysis
As we had mentioned in our forecast yesterday, the bitcoin prices have been consolidating over the last 24 hours with the $5800 region being the highs of the range so far. The bitcoin market seems to have got back to its usual routine of a bullish leg followed by some time of consolidation and then … Continue reading Bitcoin and Ethereum Price Forecast – BTC and ETH Prices Consolidate
Gold prices tumbled a bit on Monday, falling 0.45% to $1,297 per troy ounce, according to Factset. Gold mining stocks, however, had it worse. Sprott Junior Gold Miners (SGDJ), which invests in small-cap mining stocks, fell more than 3%.
Investing.com – Gold prices held above $1300 on Monday shrugging off an uptick in the dollar and treasury yields as safe-haven demand remained steady amid ongoing geopolitical uncertainty and concerns over the pace of U.S. interest rate hikes.
The Santiago, Chile-based company said it had a loss of less than 1 cent on a per-share basis. The gold mining company posted revenue of $12 million in the period. In the final minutes of trading on Monday, ...
Gold prices reversed course on Monday as the dollar gained traction, following a stronger than expected Empire Manufacturing headline which hit an 8-year high. Support is seen near the 10-day moving average at 1,284, and then the 100-day moving average at 1,275. Momentum has recently turned positive as the MACD (moving average convergence divergence) index … Continue reading Gold Price Prediction for October 17, 2017
More than 20 companies have expressed an interest in bidding on the $2 billion Peruvian copper project Michiquillay in an auction due to take place on Dec. 20, the Peruvian government said on Monday. The auction date had been pushed back from the originally scheduled Nov. 15, state bidding agency Proinversion said in a statement. It said it had given more time for companies to sign up to take part, given the volume of interest.
As many of you know, copper is often seen as an indicator of economic health, historically falling when overall manufacturing and construction is in contraction mode, rising in times of expansion. That appears to be the case today. Currently trading… Read more ›
During the FOMC (Federal Open Market Committee) meeting in September, many officials showed interest in another rate hike in 2017—and more in 2018.
Everyone has seen the periodic table. The colorful list of all the elements in the universe, found in the back of chemistry textbooks and on nerdy posters, is immediately recognizable to anyone who has gone through high school. It may surprise you, however, to learn we’ve had no proof where most of the elements on…
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Gold Fields Ltd. a score of 59. Our analysis is based on comparing Gold Fields Ltd. with the following peers – NQ Minerals Plc, Obtala Limited, Newmont Mining Corporation and Newcrest Mining Limited (NQMI-GB, OBT-GB, NMM-DE and NMA-DE). Investment Outlook Gold Fields Ltd. has a fundamental score ... Read more (Read more...)
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Kinross Gold Corp. Here are 5 ETFs with the largest exposure to KGC-US. Comparing the performance and risk of Kinross Gold Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Marlin Gold Mining Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
Tech companies get a lot of credit for being evolved about supporting working parents. Maternity leave has morphed into parental leave to accommodate both sexes. Mark Zuckerberg’s two-month paternity leave is now practically industry standard. But in the US, the most highly evolved benefit packages now go far beyond this, and big tech firms aren’t…
Within the last year, I have moved across the country, immersed myself in a new industry, and launched a new company. But most notably, I became a father. With the joy of welcoming newborn twins into the world this past November, I experienced a tectonic shift. My personal vision, my professional rituals, and my overall…
Investing.com - Gold prices started the week on an upbeat note on Monday, supported by safe-haven demand as conflict between Iraqi and Kurdish forces broke out near the oil-rich city of Kirkuk.
From Streetwise Reports: Precious metals expert Michael Ballanger discusses the current state of the precious metals markets. In the late 1960s and most of the 1970s, an English rock band named Pink Floyd dominated the world of progressive and psychedelic… Read more ›