Gold Spikes Following Weaker-Than-Expected Retail Sales

(Kitco News) – The gold market saw a modest spike higher as U.S. consumer bought fewer items than expected last month, according to the latest data from the U.S. Commerce Department.

U.S. Consumer Price Index Rises 0.2% During April

(Kitco News) – Consumer prices in the U.S. increased by a seasonally adjusted 0.2% during April, the Labor Department said Friday. This was in line with expectations.

The Names Have Been Changed to Protect the Innocent

Gold & Biggest Near-Term Risk: The Future Of Global Trade — RBC Capital Markets

As gold price action remains flat during the opening hours of the Asian session on Friday, one bank says it is bullish on gold, suggesting this is the “opportune time” to layer into risk overlay allocations to gold.

Gold Mining Stocks Rally, RGLD Leads The Pack

As gold prices are still fighting off risk-on pressures, gold mining stocks are rallying, with investors especially drawn to Royal Gold (NASDAQ: RGLD), Randgold (NASDAQ:GOLD) and Newmont (NYSE: NEM).

Gold Firmer On Friendly Outside Markets, Weaker U.S. Stocks

Gold prices were ending the U.S. day session firmer Thursday, supported by some short covering by the shorter-term futures traders and on perceived bargain hunting in the cash market.

Wall St. on track for worst day in one month

U.S. stocks were on track to record their steepest fall in nearly a month on Thursday amid broad declines, led by retail and bank stocks.

Silver Selloff Irrational; Fundamentals Support Higher Prices – Randy Smallwood

(Kitco News) -Within the past month, silver has gone from being one of the best-performing assets in financial markets to giving away almost all of its gains this year, but one mining executive remains optimistic on the precious metal during this vola…

Gold Extends Early Gains As Midday Approaches

(Kitco News) – Gold prices have moved to moderately higher levels in late-morning action Thursday. Some selling pressure in the U.S. stock market is aiding the gold market bulls.

Newmont Agrees To Stake In Continental To Invest In Colombian Project

(Kitco News) – Newmont Mining Corp. (NYSE: NEM) has agreed to invest $109 million for 19.9% ownership of Continental Gold Inc. (TSX: CNL), supporting near-term development of the high-grade Buriticá gold project in Colombia, the companies announced Thursday.