Gold Picks Up Steam During Asian Session After Yellen’s Comments

Gold prices were trading on a slightly stronger footing during the opening hours of the Asian session, following the comments made by Federal Reserve Chair Janet Yellen.

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World’s Biggest Gold Producer Establishes Presence In Yukon

(Kitco News) – It’s official! The new Yukon gold rush is now in full force as Barrick Gold Corporation, the world’s biggest gold miner, enters the region, joining three other major gold producers.

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Silver Rejects $18 Area Again; But For How Long? – Vince Lanci

Gold and silver prices have come off recent highs as the market takes profits off the table, but one veteran trader says the metals are at an inflection point, especially if you look at silver.

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Friday’s Price Action Disappointed, But Analysts Still See Potential

(Kitco News) – While most market players were disappointed that gold wasn’t able to hold Friday’s five-month gains, there is still some hope that — despite the prospect of further short-term selling — the long-term uptrend remains in place, according to some analysts.

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Hedge Funds Buy Gold For Third Straight Week But Momentum Is Dropping

For the third week in a row, hedge funds continued to buy gold and silver, according to the latest trade data from the Commodity Futures Trading Commission.

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Gold Pares Losses As Traders Buy The Dip

Gold prices erased earlier losses and were trading near steady in early afternoon dealings Monday.

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In 50 Years, This One Reason For Owning Gold Hasn’t Changed

(Kitco News) – 50 years ago, one of the world’s then largest gold mining companies conducted comprehensive research into the gold market to gauge its supply and demand outlook. Since then, that report has developed into the GFMS gold survey, run by a group of analysts led by Rhona O’Connell.

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Event-driven Rallies Rarely Last; Gold Up Against Major Headwinds – RBC’s Gero

Citi Research describes the gold-silver ratio as “elevated” even though it has narrowed since the start of the year.

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2 Triggers That Could Shoot Gold Through $1,268

The gold market softened modestly in overnight and pre-market action in the U.S. Gold bulls took a run at the key $1,268 zone last week, but failed to close above it.

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Centamin: 1Q Output Declines As Expected; Guidance Maintained

Centamin Plc. (TSX: CEE; LSE: CEY) reports that fist-quarter production fell at its Sukari Gold Mine in Egypt, as expected, due to a lower grade.

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