Gold Silver Reports → Barrick Gold Corp plans to cut at least $2 billion this year as the world’s largest producer of the metal seeks to shore up its balance sheet following three annual declines in the price of gold.
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ABN AMRO Group Bear on Gold Market
Gold Silver Reports → ABN AMRO Group NV’s Georgette Boele has been a staunch bear on gold as prices tumbled. Now with gold on the brink of a bull market, she’s changed her tune.
Fed Minutes Offer Some Support
Gold Silver Reports → Federal Reserve officials are already signaling why they might lower forecasts for growth, inflation and the path of future interest~rates when they meet next month.
Gold Slip Ahead of Fed Minutes
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.
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.
Goldman Sees Bullion Prices Dropping to $1,000 in 12-Months
Gold Silver Reports → Investors have been pouring into the precious metal in search of a haven as global equity markets tumbled and expectations for increases in U.S. interest rates were reined in.