Gold, silver succumb to pre-weekend profit taking, upbeat U.S. data

Gold and silver futures lost their early gains and are trading moderately lower in late-morning dealings Friday. After posting good gains this week and hitting multi-week highs, shorter-term futures traders in both metals decided to ring the cash register and take some profits heading into the weekend. Also, gold prices were pressured following a U.S. existing home sales report this...
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Historical Daily Gold Charts

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Gold, Silver Near Steady In Quieter Marketplace

(Kitco News) – Gold and silver prices are trading not too far from unchanged levels on the day, in early-afternoon U.S. trading Monday. A lack of fresh fundamental inputs to start the trading week is keeping trading in many markets more subdued. April gold futures were last down $0.70 an ounce at $1,302.20. May Comex...
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Gold Continues Churn In Tight Range

(Kitco News) – Gold continues to behave constructively on a technical basis. Gold bounced off support at $1,292 last week but continues to churn in a tight range. We would expect the Fed to remain neutral to dovish at this week’s FOMC meeting, which should contain if not weaken any upward impulse in the dollar index....
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Gold Miners’ False New Low?

Politics counts though, right…? It’s IMPORTANT to understand gold’s fundamentals as it will help us confirm a new bull market, writes Jordan Roy-Byrne at TheDailyGold. To this point, gold’s rallies have failed to make higher highs and higher lows because, although there has been improvement in fundamentals, the fundamentals have not turned bullish yet. The...
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