Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects'

Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects': Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects' The International Monetary Fund trimmed its global growth forecast, citing risin...

Gold and silver move higher ahead of the European open

Gold and silver move higher ahead of the European open: Gold and silver move higher ahead of the European open Gold and silver have moved higher leading into the European session despite more bearishness on Thursday. Gold is now trading at $1785/oz while s...

A strong dollar and selling pressure take gold lower

A strong dollar and selling pressure take gold lower: A strong dollar and selling pressure take gold lower It was a combination of U.S. dollar strength and market participants bidding the precious yellow metal lower that resulted in today’s substantial...