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Gold, Silver Sharply Up Amid Bullish Outside Markets
(Kitco News) – Gold and silver prices are sharply higher in early U.S. trading Thursday. The precious metals bulls have been revived after a two-week meltdown in prices.
Read moreU.S. Weekly Jobless Claims Fall 2,000 To 241,000
(Kitco News) – U.S. initial jobless claims fell by 2,000 to a seasonally adjusted 241,000 in the week to Saturday, the Labor Department said Thursday. This was near consensus forecasts for around 240,000 claims.
Philly Fed Manufacturing Index Falls Less Than Expected In March
(Kitco News) – The index for current general activity in the Philadelphia Fed’s manufacturing business outlook survey declined less than expected to 32.8 in March from 43.3 in February, the regional central bank reported Thursday.
B2 Gold Reports 4Q Profit, Record 2016 Gold Output
B2Gold Corp. (TSX: BTO: NYSE MKT: BTG) reports higher earnings as gold output rose in the fourth quarter, with the company achieving record output for full-year 2016.
Gold Investors Find Confidence In “Quite Low” Neutral Interest Rates
(Kitco News) – With one rate hike out of the way, the Fed is keeping a steady hand on the tiller maintaining its forecast for three moves in 2017 and according to some analysts, gold investors are feeling a little more confident as Fed Chair Janet Yellen confirmed that the “neutral rates will be quite low.”
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.
Read moreGold Rallies On “Buy The Fact” After Fed Rate Hike
Gold prices jumped to higher levels on the day in afternoon trading Wednesday, in the immediate aftermath of a U.S. interest rate increase from the Federal Reserve that was fully expected.
Read moreGold Prices Rally As Fed Raises Interest Rates
(Kitco News) – Gold prices are higher as the Federal Reserve raised interest rates, as expected, by 25 basis points but keeps its outlook relatively unchanged from previous projections.
Read moreGlobal Mining Exploration Plunges for Fourth Consecutive Year
(Kitco News)- Mining companies around the world slashed their exploration budgets for the fourth year in a row in 2016, according to the recently published report by S&P Global Market.
Empire State Manufacturing Index Falls To 16.4 In March
The general business conditions index in Empire State manufacturing survey fell to a reading of 16.4 from 18.7 in February, the New York Federal Reserve reported Wednesday.
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