Gold Falls As the U.S. Economy Adds 209K Jobs In July
(Kitco News) – Gold prices are seeing some selling pressure as the U.S. economy created more jobs than markets were expecting.
Read moreOsisko Gold Royalties Reports Profit, Hike In Dividend
Osisko Gold Royalties Ltd. (TSX, NYSE: OR) is hiking its dividend after a profitable second quarter in which the company expanded its gold streaming and royalty business.
Read moreFirst Majestic Profit Declines As Labor Issues Dent Output
First Majestic Silver Corp. (NYSE: AG; TSX: FR) late Thursday reported a smaller profit in the second quarter than a year ago, largely due to labor-related disruptions that cut mining output.
Read moreMany Investors Are Surprised By Gold As A Source Of Returns – WGC
Gold is an effective diversifier and performs on average just as well as stocks over the long-term, the World Gold Council’s director of investment research said.
Analysts To Gold Investors: Ignore Weak Inflation And Focus On Lower Real Rates
(Kitco News) – Weak global inflation pressures will not be a major headwind for gold as data highlight growing risks to the global economy, according to some analysts.
Read moreGold Weaker Ahead Of Friday’s U.S. Jobs Report
Gold prices were ending the U.S. day session modestly lower Thursday.
Read moreThese 4 Drivers Are Not Helping Gold Right Now – ANG Traders
Gold tends to follow four correlated markets and right now, these drivers look to be limiting the yellow metal’s advance, say analysts from ANG Traders.
Alamos Gold Reports Profit, Record Quarterly Output
Alamos Gold Inc. (TSX, NYSE: AGI) flipped to a profit in the second quarter, despite a special charge for debt retirement, as production hit a company quarterly record of 105,900 gold ounces
Read moreGreat Panther Silver Reverses To 2Q Profit
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) reports net income of $0.8 million for the second quarter, compared to a net loss of $1.3 million in the same period of 2016.
Read moreGold Unchanged After Drop In ISM Non-Manufacturing PMI
Gold prices were largely unchanged following a drop in momentum in the service sector, according to the latest data from the Institute of Supply Management (ISM).
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