Participants in the London Bullion Market Association’s (LBMA) annual conference look for gold prices to change modestly by the time the event begins next year, but for other precious metals to be higher. Source: Kitco

Buttonwood: Out of fashion

Tuesday, 20 October 2015 by

UK Only Article:  standard article Issue:  Reinventing the company Fly Title:  Buttonwood Rubric:  Investors have become pessimistic about emerging markets LIKE hemlines and hairstyles, emerging markets swing in and out of fashion. A burst of enthusiasm in the late 1980s was followed by the financial crises of the late 1990s. In the first decade of

UK Only Article:  standard article Fly Title:  Buttonwood Rubric:  Emerging-market assets may fall more before turning chic once again Main image:  20151024_FNP500.jpg LIKE hemlines and hairstyles, emerging markets go in and out of fashion. A burst of enthusiasm in the late 1980s was followed by the crises of the late 1990s. In the first decade

Osisko Gold Royalties Ltd. (TSX: OR) announces that it has entered into an agreement to acquire a portfolio of Canadian royalties held by Teck Resources Ltd. (TSX: TCK.A and TCK.B; NYSE: TCK) for C$28 million, with an additional C$2.5 million paid on confirmation of certain rights. Source: Kitco

Hecla Mining Co. (NYSE: HL) said Tuesday that silver production dipped in the third quarter but gold output was up, with “strong, consistent” silver output at the Greens Creek Mine in Alaska but lower production at Lucky Friday in Idaho due to lower grades and mechanical issues that have been resolved. Source: Kitco

U.S. housing starts rose 6.5% in September to a seasonally adjusted annual rate of 1.21 million units, the Commerce Department said Tuesday. Source: Kitco

Gold prices are trading steady to slightly higher in a quieter marketplace Tuesday. More chart consolidation is featured after the market hit a 3.5-month high last week. Source: Kitco

Swiss trade data on gold exports portend higher imports for China, says Commerzbank. Source: Kitco

OPEC Meets This Week

Tuesday, 20 October 2015 by

Gold prices Are firmer in early U.S. trading, on a bounce from the very recent selling pressure. Source: Kitco

Yet another factor came into play today in all markets. China data (which may be discounted by 30 to 50%) seemed weak today. It reflects the continuing slowdown in that enormous country. Source: Kitco

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