Gold Market News

July 25, 2017

Gold prices ease back ahead of Fed policy update. Stocks mixed on latest earnings reports. Gold last traded at $1,252 an ounce. Silver at $16.54 an ounce.

Reasons Why Gold Will Break Out Of Its Range - Metals Focus - Kitco--7.25.17
Analysts are bullish beyond 2017 in regard to gold prices. Uncertainty surrounding the Trump administration would boost gold as a safe-haven investment.

Gold price holds above $1,250 ahead of Fed meeting - The Week--7.25.17
Gold prices are holding above $1,250 an ounce, after hitting a one-month high in the previous sessions and ahead of a two-day Federal Reserve policy meeting.

Gold Bulls Remain On A Roll; Next Target $1,300- Kitco--7.24.17
Gold prices have recently scored a four-week higher as buying interest for the metal grows. Gold is still technically bullish which suggests there is still more upside potential.

Gold marks longest win streak in 2 months as U.S. dollar sinks- Market Watch--7.20.17
Gold prices end higher, marking their longest streak of gains in two months. Gold prices jumped in the wake of a European Central Bank meeting that push pressure on the U.S. dollar.

Dovish Draghi Comments Drive Gold Prices- Kitco--7.20.17
Gold bulls were encouraged by remarks made by ECB President Mario Draghi that sounded a distinctly dovish tone on ECB monetary politics.

“Time To Position In Gold Is Right Now” says Jim Rickards- Gold Seek--7.19.17
Market expert Jim Rickards says now is the time to position in gold. According to Rickards, the Fed is "behind the curve" and has "theories that bear no relation to reality."

Trump's Russia troubles could mean it's time to buy gold- Business Insider--7.19.17
Right now, gold is being supported by the turmoil in Washington surrounding the Trump administration. The Trump administration not only has dealt with frustration surround their agenda, but is now dealing with Russian collusion stories.

Silver To Surge Above $20 Within A Year - Metals Focus- Kitco--7.18.17
One UK-based precious metals consultancy is saying that the silver market could rally in the next 12 months by as much as 25% mainly due to disappointing U.S. economic growth.

Gold At 2-Week High Signals A Near-Term Bottom's In Place- Kitco--7.17.17
Gold prices ended the day higher, building on its gains from the previous session. A bottom may now be in for gold and its near-term price breakout objective is to produce a close above $1,250 an ounce.

Gold Looking "Impressive" Says Market Watcher Dennis Gartman - Kitco--7.17.17
Gold's rally came from disappointing retail sales and waning consumer confidence. According to market watcher Dennis Gartman, gold is looking "impressive".

Signs Are Pointing to Gold Rally- The Street--7.14.17
According to seasonal tendencies, the price of gold generally trades neutral to positive throughout July and August and trades sharply higher in the fall.

When in Doubt, Rush to Gold - Barron's--7.13.17
Gold prices may have fallen, but Yellen's dovish remarks could be enough of a reason to buy gold. One expert is calling for gold prices to hit $1253 later this year.

This hammered precious metal could surge 10 percent within months: Analyst - CNBC--7.12.17
Gold could be the next asset to break out. One analyst believes gold is on the cusp of recovering its losses and thinks now is the time to buy the yellow metal.

Gold Rallies As Yellen Prepared Remarks Deemed Dovish - Forbes--7.12.17
Gold prices have rallied in the aftermath of the release of prepared remarks from Fed Chair Janet Yellen. Yellen's statements favored the dovish side of U.S. monetary policy.

Fed Is Living In A Dream World; Look To Buy Gold On Dips - Tocqueville- Kitco--7.12.17
One expert says the Fed's view of economic reality is not rooted in reality believes metal prices will surge in the second half of 2017.

Time to buy? Gold experts see a sweet spot for bullion as inflation returns - CNBC--7.11.17
Gold prices may be under pressure now but several analysts expect the price to recover and provide some real risk protection. Experts believe inflation will rise above 2% which will be beneficial for gold prices.

Millennials Take Note: Gold Can Provide Long-Term Value - Kitco--7.11.17
One expert expects gold to do well in the coming months since there are few options for investors left in an overvalued marketplace. Gold may struggle in the near-term but still has strong long-term fundamentals.

Saxo Bank Bullish On Gold In Q3, Sees $1,325 As Year-End Range - Kitco--7.10.17
In its Q3 outlook, Danish Saxo Bank maintained a "bullish" outlook for gold. Saxo Bank cites that the U.S. Federal Reserve might be too optimistic on rate hikes, while the stock market could face a long-overdue correction.

India imports more gold in H1 than all of 2016 - Mining--7.9.17
Gold is pouring into India and physical demand for the yellow metal has been surging in India since January. India imported 521 tonnes of gold between January and June, versus 510 tonnes in all of 2016.