Miners’ Hedging Activity To Cool Off As Gold Rallies – Metals Focus
The fundamental backdrop remains “positive” for gold, with the metal performing “remarkably” well so far in 2017 considering the Federal Reserve has been tightening monetary policy and the stock market has fared well, says Adrian Day
Gold Lifted By Bargain Hunting, North Korean Missile Test
Gold is higher Tuesday as physical demand and bargain hunting emerged following Monday’s steep sell-off, plus some investors are turning to the metal as a safe haven after another North Korean missile test, analysts said.
Gold Sharply Down, Hits 7-Week Low, In Thin Conditions
The bears took advantage of a thin, holiday-type trading atmosphere to pounce on the gold market Monday, pushing prices sharply lower and to a seven-week low.
Read moreTraders Continue Exodus From Bullish Gold Positions
Large speculators continued their exit from bullish positions in gold futures during the most recent reporting week for positioning data compiled by the Commodity Futures Trading Commission.
Read moreGold Remains Weak After June ISM Manufacturing Index Rises To 57.8%
Kitco News reports on Institute for Supply Management’s manufacturing Purchasing Managers Index for June
Gold Extends Overnight Losses in Thin U.S. Morning Trading
Gold prices have added to overnight declines in morning trading action Monday.
Read moreGreat Panther Silver Complex Purchase Of Peruvian Mine
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) announces the closing of its previously announced acquisition of the Coricancha gold-silver-lead-zinc-copper underground mine and mill complex
Read moreBarrick , Shandong Complete Sale, Form Joint Venture
Barrick Gold Corp. (NYSE, TSX: ABX) has completed the previously announced sale of a 50% interest in the Veladero mine in Argentina to Shandong Gold Mining Co., Ltd.
Read morePretium Resources Reports Commercial Production At Brucejack Mine
Commercial production has been achieved at Pretium Resources Inc.’s (TSX, NYSE: PVG) Brucejack Mine in British Columbia, the company says.
Pretium Resources Reports Commercial Production At Brucejack Mine
Commercial production has been achieved at Pretium Resources Inc.’s (TSX, NYSE: PVG) Brucejack Mine in British Columbia, the company says.