SEMAFO: Boungou Mine On Track For 2H 2018 Commissioning
SEMAFO Inc. (TSX, OMX: SMF) reports that construction of the open-pit Boungou Mine in Burkina Faso is progressing according to plan for commissioning in the second half of 2018.
Read moreGold Holding Overnight Gains Following Drop In Empire State Manufacturing
(Kitco News) – Gold prices are relatively unchanged, holding on to their overnight gains following a surprising drop in sentiment in the New York manufacturing sector.
Read moreGold At 2-Week High Signals A Near-Term Bottom’s In Place
Gold prices are moderately higher and hit a two-week high in early U.S. trading Monday, on decent follow-through buying from Friday’s good gains.
Standard Chartered: Gold’s Strongest Correlation Now With U.S. Dollar
The inverse correlation between gold prices and the U.S. dollar has strengthened, with recent greenback weakness underpinning the yellow metal, says Standard Chartered.
Read moreGold’s Next Move Is ‘Sideways To Higher,’ Not Lower – ICBC’s Kendall
With gold prices making a comeback Friday, after hitting four-month lows earlier in the week, one analyst now says he is more bullish on the yellow metal.
Read moreCan Fed’s Tightening Keep Silver Down? Capital Economics Weighs In
Despite silver’s growing demand and falling mine supply, price projections for this year are faltering, Capital Markets said in its latest report, which focuses on explaining this paradox.
Gold Bounces As Investors Doubt The Fed; What’s Next For The Price?
(Kitco News) – Gold is expected to find renewed momentum next week as the market has made a key short-term reversal due to shifting interest rate expectations, according to some analyst
Read moreWall St. Flip-Flops On Gold, Now Bullish Along With Main St.
Wall Street made a big U-turn and is now heavily positive on the short-term outlook for gold, while Main Street continues to lean bullish.
Read moreRun For Cover! We’re Living in a Financial Twilight Zone Says Doug Casey
Don’t tell best-selling author and noted gold aficionado Doug Casey that gold is a speculative play.
Phoenix’s Grady: 200-Day Average Key Chart Level For Gold
The 200-day moving average will be a key technical-chart level for Comex gold, says Kevin Grady, president of Phoenix Futures and Options LLC.
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