Gold ‘Talked Down’ By Many; Is It Time To Buy? – Marc Faber
Ignore the recent weakness in gold, the metal is still trading higher this year as it did in 2016, points out one famed economist.
Read moreICE Benchmark Administration To Oversee LBMA Silver Price
The London Bullion Market Association announced Friday that ICE Benchmark Administration has been chosen as the new administrator for the benchmark LBMA silver price.
Read moreGold Boosted By Weak U.S. Economic Data
Gold prices have popped higher in the immediate aftermath of a downbeat U.S. retail sales report that lands on the side of the U.S. monetary policy doves
Read moreU.S. Retail Sales Fall 0.2% In June, Missing Expectations Yet Again
U.S. consumers bought fewer items than expected last month, according to the latest data from the U.S. Commerce Department.
Read moreGold Rises Following Disappointing Inflation Data
(Kitco News) – Gold is adding to its on to modest gains Friday following data that showed weaker-than-expected inflation in the U.S.
Read moreMcEwen 2Q Gold-Equivalent Output Up From 1Q, Down Year-On-Year
McEwen Mining (NYSE, TSX: MUX) reports second-quarter output of 32,584 gold-equivalent ounces, up from 29,733 in the first quarter but down from 39,555 in the same period a year ago.
Read moreGold Slightly Down, But The Market Has Stabilized
Gold prices were trading slightly lower heading into the U.S. futures close Thursday.
Read moreVIX To Double Says Natixis; What Could This Mean For Gold?
The CBOE Volatility Index, (SVIX), could double and rise above 20 within a year due to geopolitical tensions, domestic instability in the U.S., tightening central bank and aging U.S. business cycle, this according to Natixis Global Asset Management’s report.
Gold Falls Slightly Below Unchanged In Subdued Trading
Gold prices are now trading modestly down in late-morning price action Thursday, after hovering near unchanged levels for much of the U.S. trading session.
Read moreGran Colombia Reports Record Monthly Gold Output
Gran Colombia Gold Corp.’s (TSX: GCM) production was 16,258 gold ounces in June, surpassing the monthly record and bringing the total for the second quarter to 46,075 ounces, up 21% year-over-year.