Gold Silver Reports → Gold rose on Wednesday ahead of minutes of the Federal Reserve’s latest meeting, snapping three days of losses, as expectations that U.S. interest rates will stay lower for longer sharpened appetite for the metal.
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Goldman Sachs; Investors Should Short Gold
Gold Silver Reports → Gold snapped a three-day losing streak on Wednesday, in choppy trade that saw the metal swing between gains and losses around the key $1,200 an ounce level as stock markets consolidated recent gains.
MMTC-PAMP India Pvt; “It’s Not that they Won’t Buy Gold,
Gold Silver Reports → While global investors have piled into gold as a haven from financial turmoil in 2016, the metal’s best start to the year in more than three decades has tempered the enthusiasm of buyers in India.
Gold Rebounded the Biggest Drop in Almost 7-Months
Gold Silver Reports → Gold rebounded the biggest drop in almost seven months as a stock-market rally ran out of steam, while Goldman Sachs Group Inc. said the metal’s surge to a one-year high last week wasn’t justified.
Bullion is Seen Dropping to $1000 in 12 Months, Bank Says
Gold Silver Reports → Goldman Sachs Group Inc. says it’s time to bet against gold as bullion’s rally to the highest in a year isn’t justified, backing the bearish call with a comment from a former U.S. leader in a report that was issued, appropriately enough, on Presidents’ Day.
U.S. Crudeoil Prices Big Jumps Back above $30 a Barrel
Gold Silver Reports → U.S. crudeoil prices big jumps back above $30 a barrel on Tuesday as news of a rare private meeting of top officials from the world’s biggest oil producers spurred speculation of an eventual deal to tackle a deep supply glut.
European Stocks Rebound 3 pct, Dragging Gold Lower
Gold Silver Reports → Gold fell more than 2 percent on Monday as a rebound in stock markets pointed to a sharper appetite for risk, pulling down prices further from last week’s one-year high.