Kinross Profitable In 2Q; Adjusted Earnings Top Forecasts

Kinross Gold Corp. (TSX: K, NYSE: KGC) late Wednesday reported that it reversed to a profit in the second quarter, helped largely by lower production costs.

Gold Demand Took A 10% Hit In Q2, But WGC Isn’t Too Worried

Global gold demand’s 10% dive in the second quarter did not go unnoticed, led mainly by slowing exchange-traded fund inflows, according to the latest data released by the World Gold Council (WGC).

Bad News For Gold…The Fed Is Still On Track To Raise Rates – IHS Markit

(Kitco News) – Gold’s recent gains to a nearly two-month high appear vulnerable to one research firm as they expect global monetary policy to tighten into year-end, providing a significant headwind for gold and silver.

Bad News For Gold…The Fed Is Still On Track To Raise Rates – IHS Markit

(Kitco News) – Gold’s recent gains to a nearly two-month high appear vulnerable to one research firm as they expect global monetary policy to tighten into year-end, providing a significant headwind for gold and silver.

Analysts Still See Potential In Gold Despite 7% Drop In July ETF Holdings

Despite a 7% drop in holdings of the world’s largest gold-backed exchange-traded fund last month, analysts have said there are signs of underlying strength in the marketplace, as futures prices have pushed to a nearly 2-month high.

Gold Weaker On Profit Taking; U.S. Jobs Report On Deck

Gold prices ended the U.S. day session a bit lower Wednesday, on some mild profit taking from recent gains that pushed the market to a six-week high on Tuesday.

Where is Gold Headed Next Week? VOTE NOW!

The Key Levels To Watch In Gold Right Now – Analyst

Even if gold remains in an uptrend on the charts, there are still risks as stocks continue to trade at all-time highs. And, one analyst says it is important to look at these key technical levels right now.

CME Group: Metals Volume Rises During July

Exchange operator CME Group reports that metals-trading volume averaged 550,000 contracts per day in July, up 9% from 503,000 in July 2016 and up 7% from 512,000 the prior month.

Gold Weaker After As-Expected ADP Jobs Number

Gold prices are moderately lower in early U.S. trading Wednesday, and down-ticked just a bit following the release of the U.S. ADP national employment report that was in line with market expectations.