Credit Suisse Looks For $1,313/Oz Gold In Second Half
Credit Suisse has trimmed its gold forecast for the remainder of 2017 but still maintains a bullish outlook, looking for prices to rise from current levels.
Read moreIs $1,300 Gold Back in Play? RBC’s Gero Says Possibility Is Real
With both silver and gold gaining steam and looking constructive on the back of a weaker U.S. dollar, one market expert thinks that $1,300 gold may just be back in the cards.
Read morePremier Gold Mines Increases 2017 Production Guidance
Premier Gold Mines Ltd. (TSX: PG) now envisions more gold and silver output in 2017 than previously was the case. “
Gold Lifted By Slumping Greenback, Trump Adversity
Gold prices are moderately higher and hit another two-week high in early U.S. trading Tuesday.
Read moreCanada Takes Top Spot In Global Mining’s Exploration Budget — PwC Report
Canada was the clear leader when it came to mining exploration last year, reporting the biggest budget than any other country, PricewaterhouseCoopers (PwC) said in its Mine 2017 report.
Read morePaper Shorts Capitulating As Gold Holds Near Two-Week High
(Kitco News) – Gold prices ended the U.S. day session moderately higher and hit a two-week high Monday. Gold and silver have recently seen the futures traders who were sold short those markets getting very nervous and exiting those short positions (sho…
Read moreToo Big To Sell? World’s Biggest Diamond Could Be Cut Up
The 1,109-carat rock wonder is too big to be sold, which means it could be cut up in order to attract new interest, Reuters reported quoting industry experts.
Read moreJoint Ventures, Strategic Partnerships Provide Junior Miners Long-term Potential
(Kitco News) – Investors can expect to see more strategic partnerships and joint ventures in the mining sector as smaller companies look for sustainable capital flows, according to one mining executive.
Read moreGold, Silver At Extreme Bearish Positioning; Analysts See Short-Covering Potential
(Kitco News) – For the fifth week in a row, hedge funds reduced their bullish exposure to gold and have turned outright bearish on silver, according to the latest trade data from the Commodity Futures Trading Commission.
Read moreGold Looking “Impressive” Says Market Watcher Dennis Gartman
Gold is getting a reprieve from a weaker U.S. dollar, which hit a 10-month low overnight, following Friday’s lackluster economic data, said market watcher Dennis Gartman.