Gold Extends Early Losses To Trade Sharply Lower

Gold prices are at their session lows in late-morning action Thursday, just ahead of former FBI director James Comey’s testimony before the U.S. Senate.

Gold Unfazed By Weaker Euro As ECB Removes Lower Rate Bias

(Kitco News) – The gold market has shown some resilience Thursday in the face of a weaker euro after the European Central Bank removed its lower rates bias following a monetary policy meeting.

Goldcorp Announces Take-Up Of Exeter Shares, Extension Of Time Period

Goldcorp. Inc. (TSX: G, NYSE: GG) announces that it has taken up 80.5% of all outstanding shares in Exeter Resource Corp.

Commerzbank: Gold ETFs Post Largest Inflow In 11 Months

“Massive demand” for gold exchange-traded funds lately reflects a surge in safe-haven buying of the metal, says Commerzbank.

Gold Unchanged Following 10K Drop In Weekly Jobless Claims

(Kitco News) – Gold prices remain under pressure and relatively unchanged on the day as initial weekly U.S. jobless claims dropped by 10,000 a seasonally adjusted 245,000 in the week to Saturday, the government said. This was less than consensus forec…

Gold Sees More Profit Taking Ahead of Important Events

Gold prices are moderately lower on some more profit taking and technical chart consolidation after hitting a seven-week high earlier this week.

ECB Interest Rates Unchanged; No More Cuts Expected

The European Central Bank Thursday left interest rates unchanged, as was widely expected.

Gold Traders Need To Look Past ECB, U.K. Election And Focus On Fed

Thursday is a huge day for the market, with the ECB meeting, general elections in the U.K., and former FBI director James Comey’s testimony. But, one analyst said he is looking through these events and focusing on the Fed meeting instead.

New Gold Rush: Vaults In High Demand As Investors’ Storage Needs Surge

European companies that specialize in storing precious metals are seeing a boom in demand, this according to a report by Bloomberg.

Gold Extends Losses After Former FBI Director’s Prepared Testimony Remarks

The gold market saw additional selling pressure in late-afternoon trading Wednesday, following the release of prepared remarks from former FBI director James Comey, for his testimony to the U.S. Congress on Thursday.

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