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Gold Holding Gains Despite 25K Drop In Weekly Jobless Claims
(Kitco News) – Gold is unchanged and holding on to recent gains despite the government’s announcement Thursday that initial weekly U.S. jobless claims fell 25,000 to a seasonally adjusted 234,000 last week, relatively in line with expectations.
Shandong Gold Acquires 50% Of Barrick’s Veladero Mine
Barrick Gold Corp. (NYSE, TSX: ABX) will sell a 50% stake in its Veladero mine in Argentina to Shandong Gold Mining Co., Ltd. for $960 million, the company announced Thursday.
Read moreGold Up Amid Some Keener Risk Aversion In Markets
Gold prices are moderately higher in early U.S. trading Wednesday.
Read morePink Star Diamond Sells For Record Price In Hong Kong
A breathtaking 59.6 carat diamond known as the ‘Pink Star’ was sold for a record price of $71 million at a Sotheby’s auction in Hong Kong, following a failed attempt to sell it three years ago.
Turkish Gold Imports Jump 17-Fold Ahead Of Referendum
Turkey’s gold imports increased by 17 times in March compared to a year ago, reaching 28.2 tonnes, amid political uncertainty and rising demand for the yellow metal ahead of the country’s upcoming constitutional referendum on April 16.
U.S. Mint Celebrates 225-Year History With African-American Lady Liberty Gold Coin
To mark its 225th anniversary, the U.S. Mint will soon accept orders for its historic Lady Liberty gold coin, which features a brand-new design of an African-American woman wearing a crown of stars.
Read moreGold, Silver Have Room To Rally Another 4% By Year End – ABN AMRO
(Kitco News) – Gold prices struggled Wednesday as the U.S. dollar continues to rally following positive U.S. labor data; however, one firm said in a report that it could be only a matter of time before the yellow metal pushes through resistance at $1,…
Read moreGold Erases Losses As U.S. Stock Market Sells Off
The U.S. stock indexes have in late-afternoon trading dropped well off their daily highs that saw solid gains earlier in the day.
Read moreGold to Keep This Beat For Remainder of Year – Fund Expert
(Kitco News) – While gold is in no-man’s land as it trades below $1,300 an ounce, one fund manager is optimistic that the metals strong first quarter performance will continue throughout the year.
Where is Gold Headed? VOTE NOW!
(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.
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