US weekly jobless claims total 261,000 vs 265,000 estimate
Kitco News speaks with Guild Investment Management founder Monty Guild to find out why he thinks gold is headed to $1,900 and silver to $25 an ounce. “More important than the direction of the economy is the current psychology about governments’ ability to avert economic problems, and about the integrity of government actors that is projected to the business community and to the consuming and investing public,” the ...
The 2016 Rio Summer Olympics kick off in just a few hours and aside from talks of Russian athletes being banned or concerns over Rio’s poor infrastructure, the symbolic gold medal might itself lack a little luster.
Although expectations for a rate hike in the U.S. have increased, there still remains a 50-50 chance that it will materialize. For this reason, one economist expects gold strength to remain intact.