Standard Chartered: Resilience Of New Gold ETP Investors Untested

Traders may be reluctant to hold bearish gold positions going into a long Memorial Day weekend in the U.S., considering some of the still-simmering geopolitical uncertainties, says Sean Lusk, director of commercial hedging with Walsh Trading.

Gold Holding Steady As Following Slightly Stronger-Than-Expected Labor Data

(Kitco News) – Gold prices continue to hold on to small gains after Initial weekly U.S. jobless claims saw muted change, rising by 1,000 to a seasonally adjusted 234,000 in the week to Saturday, the government said. This was less than consensus forecasts.

Gold Firmer On Corrective Bounce From Recent Pressure

(Kitco News) – Gold prices are modestly higher in early U.S. trading Thursday, on a technical rebound from the recent selling. Prices have been trading choppy and sideways for the past week, amid a lack of new, bullish fundamental developments. June Comex gold was last up $4.90 an ounce at $1,258.00. July Comex silver was last up $0.093 at $17.21 an ounce.

Fortuna Reports Jump In First-Quarter Net Income

Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) lists first-quarter net income of $13 million, or 8 cents per share, compared to a net income of $2.6 million, or 2 cents, in the same period of 2016.

Fed Incompetence In 60 Seconds

Gold Resilient As Fed Meeting Minutes ‘Cloud Consensus’

The FOMC meeting minutes showed that the widely expected June rate hike is not a sure thing yet, keeping gold above the $1,255 levels, one economist told Kitco News.

Fed Might Surprise Markets And Not Move In June – Peter Hug

The U.S. Federal Reserve could shock markets come June by not raising interest rates at its upcoming monetary policy meeting, in return greatly boosting gold, this according to Kitco’s global trading director Peter Hug.

Can Gold Keep Climbing Next Week? VOTE NOW!

Can Gold Keep Climbing Next Week? VOTE NOW!

Gold Upticks Slightly Following FOMC Minutes

(Kitco News) – Gold prices were trading slightly higher in U.S. trading early Wednesday afternoon, on a mildly bullish reaction to the just-released FOMC minutes

Gold Briefly Pushes Into Positive Territory Following Fed Minutes

(Kitco News) – Gold futures have pushed into positive territory despite comments highlighting a potential June rate hike in the minutes of the May Federal Reserve monetary policy meeting.