Mitsubishi Sees Further Gains For Silver

Gold continues to gain momentum as equity markets move lower and as geopolitical tensions between North Korea and the U.S. still dominate headlines.

McEwen Mining To Purchase Black Fox Complex For $35 Million

McEwen Mining Inc. (NYSE, TSX: MUX) has reached an agreement to purchase Primero Mining Corp.’s (TSX: P; NYSE: PPP) Black Fox complex in Canada for $35 million, the companies announced Thursday.

SSR Mining Net Profit Rises, Helped By Impairment Reversal

SSR Mining Inc. (NASDAQ, TSX: SSRM), which until this month was known as Silver Standard Resources Inc., reports second-quarter net income of $37.7 million

Gold At Session Highs Following 0.1% Drop In PPI

(Kitco News) – Gold prices are adding to their recent two-months highs, holding at session highs following weaker than expected U.S. producer inflation pressure.

U.S. Weekly Jobless Claims Rise By 3,000

U.S. initial weekly jobless claims rose by 3,000 to a seasonally adjusted 244,000 in the week to Saturday, the Labor Department said. The total was slightly higher than forecast.

Gold Hits 2-Mo. High On Safe-Haven Demand, N Korean Worries

(Kitco News) – Gold prices are higher and notched a nearly two-month high in early U.S. trading Thursday.

Pan American Silver 2Q Earnings Rise; Cost Guidance Lowered

Pan American Silver Corp. (Nasdaq, TSX: PAAS), one of the world’s largest primary silver producers, reported a rise in second-quarter earnings late Wednesday and also downwardly revised cost guidance for 2017.

Iamgold Posts 2Q Profit; Impairment Charges Reversed; Output Rises

Iamgold Corp. (TSX: IMG; NYSE: IAG) posted a profit in the second quarter as it reversed impairment charges, production rose and costs fell.

Why Supply Side Is Key When Trading Commodities – Goldman Sachs

Gold and oil failed to spike as high as expected this year, with one analyst explaining why the supply side matters when trading commodities, warning that they are not anticipatory assets.

Gold ‘Poised’ To Hit $1,300 – Bloomberg Analyst

The technical setup in the gold market right now is convincing one analyst that $1,300 gold may be just around the corner.