Gold Shrugging Off Rise In ISM Servivce-Sector Data

(Kitco News) – Gold prices are attempting to hold on to modest gains as the U.S. service expanded at a faster rate than expected last month, according to the latest data from the Institute of Supply Management (ISM).

OCBC Bank Sticking With $1,200 Gold Call

Despite getting a boost Thursday, analysts at OCBC Bank say they’re sticking with their bearish gold call for year end.

Mining License Suspended For Tahoe’s Big Escobal Silver Mine

A provisional Guatemalan court ruling has resulted in the suspension of the mining license for Tahoe Resources Inc.’s (TSX: THO, NYSE: TAHO) flagship Escobal mine, the company reported late Wednesday.

U.S. Weekly Jobless Claims Rise By 4,000 To 248,000

Kitco News reports on U.S. weekly initial jobless claims for week to July 1

Gold Firmer; ADP Jobs Number Mildly Supportive

Gold prices are holding modest gains in early U.S. trading Thursday, following a slightly downbeat U.S. ADP jobs number.

Gold Prices Jump After ADP Highlights Slowing Private-Sector Employment

(Kitco News) – The gold market is seeing renewed momentum, pushing higher after private-payrolls processor ADP reported a slowdown in private-sector job growth last month.

Gold Erases Daily Losses After FOMC Minutes, North Korea Tensions

Gold prices continued to rebound during the opening hours of the Asian session on Thursday, completely reversing the losses from Wednesday, as traders digested the FOMC meeting minutes and North Korea tensions.

Slight Dovish FOMC Minutes Do Little To Move Gold

(Kitco News) – Gold prices are seeing little reaction to what some analysts are describing as slightly dovish minutes from the June Federal Open Market Committee meeting.

His Gold Calls Have Been Quite Accurate; Now He’s Calling The Bottom

It seems the best way for investors to make money in the gold market lately is by being on the bearish side, but according to one analyst with a strong track-record, this trend could change.

Gold Hits 3.5-Mo. Low Overnight, Rebounds In U.S. Trading

Gold prices were ending the U.S. day session with modest gains Wednesday, after scoring a 3.5-month low in overnight action.

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