Price Group’s Flynn: Gold To Bounce After Jobs-Related Price Fall

Phil Flynn, senior market analyst with Price Futures Group, looks for the current gold weakness – in the wake of a larger-than-forecast rise in U.S. July nonfarm payrolls – to be temporary.

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Gold Drops Moderately After Upbeat U.S. Jobs Number

Gold prices are moderately lower in early U.S. trading Friday, pressured by an upbeat U.S. employment report that falls into the camp of the U.S. monetary policy hawks.

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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.

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Osisko 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.

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First 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.

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Many 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.

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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.

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Gold Weaker Ahead Of Friday’s U.S. Jobs Report

Gold prices were ending the U.S. day session modestly lower Thursday.

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These 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.

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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

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