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Gold, Silver Hit 5-Mo. Highs Amid Weaker U.S. Dollar, Bullish Technicals
Gold and silver prices ended the U.S. day session higher and scored five-month highs Thursday.
Read moreWall St., Main St. See Gold Benefitting From Technical Momentum
Roughly three-quarters of the respondents in Kitco News’ weekly Wall Street and Main Street surveys look for gold to maintain its upward momentum now that the precious metal has finally pushed above its 200-day moving average.
Dundee Precious Metals: 1Q Output In Line With Guidance
Dundee Precious Metals (TSX: DPM) lists first-quarter gold production of 46,400 ounces and copper output of 8.2 million pounds
Read moreMandalay 1Q Output Declines From Year Ago, On Track For Guidance
Mandalay Resources Corp. (TSX: MND) announces first-quarter output of 32,481 gold-equivalent ounces that is in line with guidance although down from 39,965 ounces in the same period a year ago.
Read moreRichmont Reports Dip In 1Q Output But Costs Also Decline
Richmont Mines Inc. (TSX, NYSE: RIC) reports first-quarter production of 29,401 ounces of gold, comparable to 29,505 in the fourth quarter but down from 32,369 in the same period a year ago
Read moreGold Holding Gains Despite Drop In Producer Inflation Pressures
(Kitco News) – Gold prices remain near their overnight five-month high following data that showed a drop in pipeline inflation pressures last month.
Read moreU.S. Weekly Jobless Claims Fall 1,000 To 234,000
Initial weekly U.S. jobless claims fell by 1,000 to a seasonally adjusted 234,000 in the week to Saturday, which were fewer than expectations.
Read moreRichmont Reports Dip In 1Q Output But Costs Also Decline
Richmont Mines Inc. (TSX, NYSE: RIC) reports first-quarter production of 29,401 ounces of gold
Read moreGold Up, At 5-Mo. High, On Safe-Haven Demand, Weaker Greenback
Gold prices are higher and scored another five-month high in early U.S. trading Thursday.
Read moreIndia Gold Imports Recover In March, Jump 582% On Wedding Season – Report
Indian gold imports reportedly saw an impressive recovery in March, as local jewelry stores stocked up in preparation for the April’s wedding season as well as the Akshaya Tritiya holy festival, widely known for gold buying.