Kitco
Gold prices ended the U.S. day session modestly higher Monday and closed at a three-week high close.
The gold market may have unlimited potential as bad news has been unable to drag prices lower, according to some analysts.
Wall Street and Main Street are both bullish on gold next week, particularly after a softer-than-forecast report on growth in U.S. gross domestic product.
Gold prices are down from their earlier session highs but are still holding onto gains after the Fed left interest rates unchanged Wednesday.
The strength in gold, despite a Federal Open Market Committee statement Wednesday saying risks to the U.S. economy have diminished, suggests underlying strength in the precious metal, says HSBC.
Gold prices are at session highs in delayed reaction, despite the Federal Reserve acknowledging improving domestic economic growth.
Factors that helped boost western gold demand to unprecedented levels will continue to play a role in the second half of the year, according to one major precious metals research firm.
There is at least one more bear in the woods as analysts at BNP Paribas increase their gold-price forecast for 2016 but look for the price to trend lower through the rest of the year and 2017.
Gold prices were ending the U.S. day session weaker Monday, but up from the daily low.
While hedge funds and money managers were lowering their exposure to the gold market, they were increasing their bullish bets in silver.
Analysts at one bank say the uncertainty from a Trump presidency could be enough to push gold prices over $500 higher.
Wall Street and Main Street have similar views on the direction for gold prices next week, based on the Kitco News gold survey.
Despite the potential for a short-term correction, Gold said that they see a higher supportive floor for the precious metals.
Gold prices were ending the U.S. day session higher and near the daily high, on a corrective rebound from selling pressure that pushed prices to a three-week low overnight.
Markets are pricing in a 25% chance of a rate hike in November, up from 20% priced in yesterday.
Gold prices ended the U.S. day session lower and hit a three-week low Wednesday.
Gold prices are not seeing much of a boost following the IMF's downgrading of its global growth forecasts for 2016.
Gold prices ended the U.S. day session firmer Tuesday, supported by mostly weaker world stock markets.
The gold market has slipped off its recent highs and is consolidating quietly. Don't worry –the bulls are just biding their time.
For five straight weeks, Main Street and Wall Street participants in the Kitco weekly gold survey accurately forecasted that gold would post a weekly gain.
The gold market is preparing to end the week in negative territory for the first time since mid-May, ending a six-week winning streak.
While gold sentiment remains predominantly bullish in the marketplace, the message coming from the opening remarks at this year’s Freedom Fest was vastly different.
Gold prices ended the U.S. day session down on profit taking from recent gains and amid a “risk-on†day in the marketplace.
In an interview with Kitco News, Ian Ball, chief executive officer at Abitibi Royalties, said that with so much global market uncertainty, gold should continue to perform well as a safe-haven asset.
Gold prices ended the U.S. day session moderately higher Wednesday on a corrective bounce.