GC=F - Gold Futures,Aug-2018
| Pre. Settlement | N/A |
| Settlement date | 2018-08-29 |
| Open | 1,277.30 |
| Bid | 1,275.80 |
| Last price | 1,278.60 |
| Day's range | 1,275.10 - 1,278.60 |
| Volume | 48,925 |
| Ask | 1,275.90 |
Market Realist•14 hours agoDo Analysts Think You Should Buy Goldcorp?
Goldcorp (GG) has operations across Canada, the United States, Mexico, Central America, and South America. You can learn more about Goldcorp in Market Realist’s An Investors’ Guide to Goldcorp. Currently, 20 Wall Street analysts are tracking GG stock, of which 70% recommend “buys,” 25% recommend “holds,” and 5% recommend “sells.” Its current target price of $18.0 implies a potential upside of 26% based on its current market price.
Market Realist•16 hours agoWhy Eldorado Gold Became the Least Impressive Gold Stock
Eldorado Gold (EGO) is one of the few gold stocks that have seen rapidly deteriorating sentiments from analysts in the last year. Currently, only 15% of the 13 Wall Street analysts covering it rate it as a “buy.” This stands in sharp contrast to the ~78% “buy” ratings it had almost a year ago. Eldorado Gold stock suffered a great deal in 2017 due to its standoff with the Greek government and some technical issues at its mines in Turkey.
- Market Realist•16 hours ago
Why Analysts Still Favor Wheaton Precious Metals
Among the major gold mining and gold streaming companies, Wheaton Precious Metals (WPM), the world’s largest precious metals streaming company, has received the highest percentage of “buy” recommendations at 92.0%, and this level hasn’t changed much over the past year. Wheaton Precious Metals, previously known as Silver Wheaton (SLW), is a royalty and streaming company. In fact, they provide up-front funds to precious metals mining companies in exchange for the right to buy their product streams at lower prices in the future.
Market Realist•17 hours agoFive Gold Stocks Analysts Love—and Five They Don’t
Five Gold Stocks Analysts Love—and Five They Don'tGold mining companies Recently, gold prices (GLD) have resumed their downward trend, mainly due to the US dollar’s strength. The SPDR Gold Shares ETF (GLD) has fallen 0.2% as of June 14. The VanEck Vectors Gold Miners ETF (GDX) has had a worse showing at -2.5% YTD (year-to-date). Among senior miners, only Goldcorp (GG) has gained in the double digits, rising 12.1% YTD. Newmont Mining (NEM) is the only other senior gold miner to have gained positively YTD in 2018. Barrick Gold (ABX) and Kinross Gold (KGC), on the other hand, have fallen 9. ...
- Investing.com•20 hours ago
Oil Prices Slump As Investors Watch OPEC, U.S.-China Trade Conflict
Investing.com - Oil prices declined on Tuesday, as energy investors weighed potential outcomes for a meeting of major crude producers later this week, while keeping on eye on the latest developments in the ongoing U.S.-China trade conflict.
- Motley Fool•20 hours ago
Gold Is at a 5-Month Low: Here's Why Gold Stock Investors Shouldn't Worry
Though a falling gold price is never ideal, investors have plenty of reasons to smile.
- Investing.com•23 hours ago
Oil Prices Fall as OPEC Considers Production Increase Before Key Meeting This Week
Investing.com – Oil prices fell on Tuesday on reports that Organization of Petroleum Exporting Countries (OPEC) members are considering an agreement that delivers 300,000 to 600,000 barrels a day of additional supply to global markets over the next few months, according to reports that cited people briefed on the talks.
- Investing.com•yesterday
Gold Prices Gain As Trump Threatens New Tariffs, Dollar Weakens
Investing.com – Gold prices gained on Tuesday as intensifying U.S.-China trade tensions fuelled investor appetite for safe-haven gold. A softer dollar was also cited as supportive.
- FX Empire•yesterday
Gold Price Forecast – sideways action on Monday
The Gold markets have gone back and forth during the trading session on Monday as traders came back from the weekend. It appears that we are in a bit of a holding pattern, as people continue to pay attention to the escalating trade tariffs between the United States and China.
- FX Empire•yesterday
Natural Gas Price Fundamental Daily Forecast – Traders are Pricing in Cooler Temperatures from June 25 to July 1
The next major move is likely to be determined by the new forecast for the first week in July. This forecast will determine whether August natural gas holds $2.885 to $2.848, or breaks through it.
- FX Empire•yesterday
AUD/USD Price Forecast – Aussie somewhat sideways on Monday
The Australian dollar has been somewhat sideways to open the week on Monday, as we continue to hug just below the 0.75 level. That of course is a large come around, psychologically significant figure, and of course an area that the market would have been paying attention to.
- FX Empire•yesterday
Oil Price Fundamental Daily Forecast – Saudi Arabia, Russia Expected to Move Forward with Production Increase
We’re looking for the volatility to continue on Tuesday as investors are likely to continue to react to signs of a splintered OPEC. While most members of the cartel are likely to follow the lead of Saudi Arabia, there are indications that members Iran, Iraq and Venezuela are preparing to veto any move to increase production.
- FX Empire•yesterday
Price of Gold Fundamental Daily Forecast – Buyers Showing Tentative Reaction to Potentially Bullish Trade War News
Increased safe haven demand is helping to boost gold prices early Tuesday. The buying is being driven by a drop in U.S. Treasury yields and U.S. equity futures in reaction to President Trump’s threat of new tariffs on China.
- FX Empire•yesterday
AUD/USD and NZD/USD Fundamental Daily Forecast – RBA Minutes Should Reaffirm Divergence From Fed Policy
Lingering concerns over the US-China trade dispute could continue to pressure the AUD/USD and NZD/USD or at the least limit their upside potential if there is a short-covering rally. The fact that both Forex pairs haven’t “crashed” suggests that investors feel that some solution will be reached as long as both parties are still at the negotiation table.
- Investing.com•yesterday
Crude Oil Prices Settle Higher as OPEC Reportedly Mulls Modest Output Hike
Investing.com – WTI crude oil prices settled higher Monday as traders cheered a report suggesting the Organization of the Petroleum Exporting Countries was considering an output hike well below levels many had initially feared.
- FX Empire•yesterday
Trade War Jitters Drive Stocks Lower, but Settlement Hopes Limit Losses
Stock market bargain-hunters came in to stop the price slide shortly after the regular session opening on the hopes that the two major economic powers would reach a settlement to prevent further tariffs.
- FX Empire•2 days ago
Gold Price Prediction – Gold Consolidates After Breaking Down as Momentum Turns Negative
Gold prices moved lower and are consolidating on Monday after tumbling on Friday as the dollar gained traction. The ECB and the Federal Reserve met last week and are on diverging paths as the Fed continues to raise rates and normalize. Higher U.S. interest rates are making the dollar more attractive and gold prices more expensive in other currencies. As long as the dollar continues to make headway, gold prices will have a difficult time gaining ground. The ECB on the other hand, kept rates unchanged but discussed the phasing out of their quantitative easing. QE will be reduced by half in September and will phase out completely as of December 2018. Just because QE will be terminated does not mean that the ECB will begin to increase interest rates.
- FX Empire•2 days ago
The World and the Dollar Await the Trump Tweet
Is the trade war on? Following China’s response to the U.S tariffs on China exports to the U.S, it could get ugly, with Trump’s first tweet of the week likely to have a material bearing of risk sentiment through the week.
- FX Empire•2 days ago
EUR/USD Price Forecast – Euro Likely to Consolidate
The pair has been trying to form a base over the last couple of days
- FX Empire•2 days ago
Price of Gold Fundamental Daily Forecast – Look for Recovery if US-China Trade War Escalates
As far as the trade war between the U.S. and China is concerned, we’ve seen the move by the Trump administration and the retaliation by China. Both moves were already on the table so no surprises there. One factor that could really get gold bulls talking would be if China slaps a duty on U.S. oil. This move would take the trade war to a new level of seriousness.
- FX Empire•2 days ago
Experts Warn Crypto world That the Pursuit for Decentralization May End Up in an Environmental Disaster
An 88-year-old institution Bank for International Settlements (BIS) which is based in Switzerland and serves as a central bank of other central banks stated that cryptocurrencies consume too much energy, are unstable, and subject to manipulation.
- FX Empire•3 days ago
Swiss Industry Creates a Body to Set Standards for the Application of the Blockchain Technology in the Capital Markets
Leading actors from Switzerland’s financial, technological, academic and legal sectors have formed a new associative body – the Capital Markets and Technology Association (CMTA) – to facilitate the use of blockchain in financial markets. “The blockchain technology has the potential to reduce the complexity of the capital markets system and lower the barrier of entry for start-ups. By defining a set of industry-supported, open standards, the CMTA aims to facilitate access to funding for businesses, ultimately contributing to value creation throughout the economy”, says Jacques Iffland, CMTA’s chair, and partner at Lenz & Staehelin.
- FX Empire•3 days ago
The Week Ahead – Trade Wars, OPEC and the BoE in Focus – 16/06/18
It’s another jam packed week ahead, with trade wars, OPEC, the Bank of England’s monetary policy decision and a number of central bankers slated to talk through the week. Things could get ugly if the U.S responds…
- FX Empire•3 days ago
Price of Gold Fundamental Weekly Forecast – Rising Rate Expectations Too Much for Gold Bulls
Gold’s freefall wasn’t much of a surprise to investors who have watched the market fail to respond to potentially bullish news over the last month including trade war tensions, the political turmoil in Italy, the economic turmoil in Venezuela. Despite the bearish outlook, we do think that conditions could turn quickly to the upside if a steep break in equity prices encourages strong flight-to-safety buying.
