Gold Shrugs Off Rise In U.S. Consumer Confidence To 118.9
(Kitco News) – Gold prices are relatively unchanged, holding on to some positive gains following economic data that highlight strong optimism among U.S. consumers.
Read moreNew Gold: Rainy River On Target For First Gold Output In September
New Gold Inc. (NYSE, TSX: NGD) says its Rainy River project, located in Ontario, remains on schedule and capital costs are in line with updated plans announced in January.
Read morePrice Futures Group: ‘Gold More Of A Safe Bet’ Than Cryptocurrencies
Gold is probably a safer haven than cryptocurrencies, says Phil Flynn, senior market analyst with Price Futures Group.
Read moreGold Rebounds As U.S. Dollar Sells Off
Gold prices are moderately higher in early U.S. trading Tuesday, supported by a sharp daily drop in the U.S. dollar index.
Read moreInvestors Will Not Abandon Gold As Fed Hikes – TD Securities
Gold traders will not “abandon” gold as the Federal Reserve (Fed) proceeds to hike rates further, TD Securities said in a report, adding that the yellow metal will be driven by geopolitical and economic risks.
Gold Hits 5-Week Low Amid Upbeat Risk Attitudes
Gold prices were ending the U.S. day session down and fell to a five-week low Monday.
Read moreBulls Exit Gold Futures In Wake Of FOMC Meeting
Large speculators exited from gold and silver futures during the several days after the last meeting of the Federal Open Market Committee, based on the latest weekly positioning data from the Commodity Futures Trading Commission.
Read moreGold Remains Weak Despite 1.1% Fall In U.S. Durable-Goods Orders In May
Kitco News reports on U.S. orders for durable goods in May
Read moreGold Sinks To 5-Week Low Amid Risk-On Attitudes
Gold prices are solidly lower and fell to a five-week low in early U.S. trading Monday, pressured by upbeat trader and investor attitudes about the marketplace to start the trading week.
Read moreAcacia’s North Mara Gold Mine In Tanzania Invaded In Attempt To Steal Ore
Acacia’s North Mara gold mine in Tanzania was taken over by more than 500 residents from nearby villages three times last week, as they clashed with police in an attempt to steal gold ore.
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