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Gold’s place in portfolios; monetary easing outlook
Gold has seen a drop in price in the last couple of weeks. This has investors wondering if this is the end of the great run gold has been on. ANZ’s Nick Trevethan is not ready to say so. “Gold …...
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Retails sales fall in May; Futures point to a lower start
American stock futures are pointing to a lower start, and were pushed even lower after a report showed that retail sales fell in May. Jim Reid of Deutsche Bank said, “In reality, price action is...
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Euro region unusually divided before summit
Precious Metals are trading lower this morning, thanks to investors moving to the sidelines ahead of the European Union summit, which starts tomorrow. Michael Turner of RBC Capital Markets said, “This...
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Gold slightly lower; market still analyzing FOMC minutes
American stock futures and Gold are slightly lower this morning as investors continue to analyze the latest Federal Open Market Committee minutes. The top story hasn’t changed; all eyes are firmly on...
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Metals flat after jobless report
Precious Metals are mostly flat this morning as the release of the weekly jobless claims report has had little effect on Gold and Silver. The four week moving average of new claims rose by 1,500, while...
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Gold pulled on both sides; eurozone disappoints again
U.S. stock futures are trading higher this morning, while the Gold price is relatively flat again. The yellow metal’s price continues to be pulled in different directions due to the looming fiscal...
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