Revolucion ! It started happening the day after tomorrow

View full post on 24hGold.com RSS Feed – 24hGold Editorials and commentaries

USD/CAD Channels Lower After Bank of Canada Stands Pat on Rates

Bank of Canada neutral tone suggests the monetary authority will maintain its wait-and-see approach View full post on DailyFX – Feeds all

Crude Oil Prices Struggle at Chart Barrier After OPEC Rally

Crude oil prices are struggling to overcome familiar chart resistance after a sharp rally in the wake of a last-minute OPEC agreement on a production cut. View full post on DailyFX – Feeds all

Gold, Silver Disappoint After US Election Surprise. What Now? – Investing.com

Gold, Silver Disappoint After US Election Surprise. What Now?Investing.comThe safe haven investment that precious metal bulls hoped would follow the Presidential election surprise has only been met with longs liquidating a once significant position. From last December's low at 1044.5 to this year's high up at 1377.5, the … View full post on precious metals […]

Why We Haven’t Seen Gold Price Rally after Trump Victory

Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around his policies, rising inflation from infrastructure spending, and higher expected growth rates. But instead, gold has headed back down more sharply. It had its initial […]

Gold Prices Notch Rare Gains After Hitting Nine-Month Low – Economic Calendar

Gold Prices Notch Rare Gains After Hitting Nine-Month LowEconomic CalendarRelative to gold, silver's value has declined more rapidly in recent months. The gold/silver ratio widened in November to its highest level since the summer. Precious metals were aided on Monday by a pullback in the US dollar and broad declines in … View full post […]

Yen Posts Brief Gains After Japan Sales Data Beats Expectations

Japanese Yen gains were appreciable but fleeting as retail sales data easily topped the markets’ rather gloomy estimates and continued their fightback. View full post on DailyFX – Feeds all

Gold and silver post weekly losses after banner run for dollar – MarketWatch

MarketWatch Gold and silver post weekly losses after banner run for dollarMarketWatchHigher interest rates are typically negative for nonyielding gold and positive for the dollar, which can cut demand for precious metals priced in the greenback. Gold futures for December delivery GCZ6, -0.50% fell $10.30, or 0.9%, to $1,179 an ounce …Gold edges higher, dollar […]

USD/JPY Finds New Source of Strength after Soft Japanese CPI Data

Yet another feeble print for Japanese consumer prices certainly did nothing to stop the advance of an already rampant USD/JPY. It did underscore the task facing Japan’s authorities though. View full post on DailyFX – Feeds all

Noteworthy Short Interest Filing: What’s Ahead for Asa Gold and Precious Metals Limited (NYSE:ASA) After More … – Post News

Post News Noteworthy Short Interest Filing: What's Ahead for Asa Gold and Precious Metals Limited (NYSE:ASA) After More …Post NewsThe Firm invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or […]

USD/ZAR, Up Big After US Elections, Steadies as SARB Holds Rates

After its steep rally in the wake of the election of Donald Trump as US President-Elect, USD/ZAR is looking more stable. Today, the SARB continued to the stability by keeping rates in check. View full post on DailyFX – Feeds all

Gold Sets 9-Month Low After Silver Enters Bear Market on Dollar – Bloomberg

Bloomberg Gold Sets 9-Month Low After Silver Enters Bear Market on DollarBloomberg“Everyone is looking for a December rate hike, and that's what's been priced into gold at the moment,” Tom Kendall, head of precious metals strategy at ICBC Standard Bank Plc, said by phone from London.“The dollar remains a key driver.” Bullion for …Gold/Silver Ratio Spikes […]

Breaking: “Fukushima Cooling System FAILS” After Tsunami, 7.4 Earthquake Hits Japan

View full post on 24hGold.com RSS Feed – 24hGold Editorials and commentaries