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Endeavour Silver Reports Loss As Output Declines
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) posted a loss in the fourth quarter and full-year 2016, with the company’s top executive commenting that output fell on lower exploration and development spending
Gold Down Amid Strong U.S. Dollar, But Showing Resilience
Gold prices are lower again in early U.S. trading Thursday, on normal profit-taking from the shorter-term futures traders after prices Monday hit a 3.5-mongh high.
Read moreWhere 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 Weaker, But Well Up From Daily Lows, Amid Risk-On Trading Day
The gold market lost some ground Wednesday, but the bulls should not be too disappointed given all the elements that were working against the yellow metal on this day.
Read moreHigher Gold, Silver Prices Drag Coin Sales Down To 14-Month Lows
(Kitco News) – Surging gold prices since the start of the year created significant weakness in the physical market, with bullion coin demand falling to its lowest levels in 14 months, according to the latest sales data from the U.S. Mint.
Read moreGold Weak But Shrugs Off Rise In ISM Manufacturing Survey
(Kitco News) – Gold prices remain under pressure but still off its lows following despite data that points to renewed momentum in the U.S. manufacturing sector.
Read moreMetals Focus: Grasberg Standoff To Reduce Global Gold-Mining Supply
The standoff between the Indonesian government and Freeport McMoRan Inc. (NYSE: FCX) may mean lower global gold supply in 2017, says Metals Focus.
Read moreRising Fed Rate-Hike Expectations Reduce Gold’s Shine
Financial markets are suddenly factoring in a higher probability of a U.S. interest-rate hike this month after recent comments from Federal Reserve officials, and this is thwarting gold’s recent rally to three-month highs.
Read moreGold Down On More Profit Taking, Upbeat Trump Speech
Gold prices are lower in early U.S. trading Tuesday on more profit-taking pressure from the shorter-term futures traders after prices Monday hit a 3.5-mongh high
Read moreTrump’s Bullying Style Will Be Good For Gold – Murenbeeld
(Kitco News) – Ahead of President Donald Trump’s major address before the joint sessions of Congress, one gold analyst said that Trump bullying and threatening style of government will be good for gold in the long run.