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CORRECTION: Australia Sees Gold Production Of 298 Tonnes, Highest In 17 Years
(Kitco News) – The world’s second biggest gold producing nation, Australia, saw its highest production levels in more than 17 years last year, according to data compiled by mining consultancy firm Surbirton Associates.
Gold Up, Hits 3.5-Mo. High, As Traders Buy The Overnight Dip
Gold prices ended the U.S. day session with decent gains and scored another 3.5-month high Monday. Silver prices also hit a 3.5-month high.
Read moreHedge Fund Gold Buying Pushes Speculative Interest To 11-Week High
(Kitco News) – Geopolitical concerns in Europe and the U.S. have prompted hedge funds to jump back into the gold market according to the latest trade data from the Commodity futures trading commission.
Read moreGold Pushes Above Unchanged As Traders Once Again “Buy The Dip”
Gold prices are trading modestly higher in late-morning dealings Monday.
Read moreGold Prices Hit New Session Highs Following Drop In Pending Home Sales
(Kitco News) – Gold prices continue to hold around unchanged levels on the day, following data that point to weaker U.S. home sales in the next few months.
Read moreCommerzbank: Gold Underpinned By Political Issues; ETF Holdings Rise
Gold remains well supported by worries about political risk around the globe, with holdings of the precious metal by global exchange-traded funds rising some 10 tonnes last week, says Commerzbank.
Read moreTriangle Warns Of Minor Pullback In Gold
Gold prices are pressing lower in consolidative trade early on Monday within a potential triangle pattern on the 60-minute chart.
Read moreOsisko Acquiring Silver Stream From Taseko Mines
Osisko Gold Royalties Ltd. (TSX, NYSE: OR) has agreed to acquire a stream of silver byproduct from the Gibraltar copper mine in British Columbia from Gibraltar Mines Ltd.
Read moreGold Holding Steady, Weaker Following Mixed Durable Goods Data
(Kitco News) – Gold prices are holding steady, under modest selling pressure Monday after the release of mixed U.S. manufacturing data.
Read moreGold Slightly Lower On Mild Profit Taking
Gold prices are slightly down in early U.S. trading Monday, on a mild corrective and profit-taking pullback after prices last Friday scored a 3.5-mongh high.
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