Will Gold Hold Up Under Pressure? Veteran Trader Points To A Comeback

As gold prices continue to face the heavy pressure of a risk-on environment, one veteran trader is not worried about the yellow metal’s future demand.

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VIX Hits Multi-Decade Low But A Reversal May Be In Order – Bloomberg Intelligence

As the volatility (VIX) index, also known as the market’s “fear gauge,” dropped to its lowest level since 1993 this week, one expert said a reversal may be in order — a move that could be great for gold.

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Pan American Silver Q1 Earnings Helped By Higher Prices

Pan American Silver Corp. (Nasdaq, TSX: PAAS), one of the world’s second-largest primary silver producers, reported a jump in first-quarter profitability even though output of precious metals declined modestly from a year ago.

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Iamgold Flips To Adjusted Q1 Profit On Higher Output, Prices

Iamgold Corp. (TSX: IMG; NYSE: IAG) reversed to an adjusted profit in the first quarter as output and gold prices both rose.

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Silver Wheaton First-Quarter Profit Rises From Year Ago

Silver Wheaton Corp. (TSX, NYSE: SLW) posted a higher profit in the first quarter, as gold production rose and metals prices were higher than in the same period a year ago, the company announced late Tuesday.

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Strong Bullion Demand Drives RCM 2016 Profits

(Kitco News) – Near historic bullion demand and higher prices helped the Royal Canadian Mint see its highest profits in at least four years, according to its 2016 earnings report.

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Gold Down, Hits 7-Week Low, On Bearish Outside Market Forces

(Kitco News) – Gold prices were ending the U.S. day session down and scored a seven-week low Tuesday. Risk appetite in the world marketplace remains keener early this week, which is bearish for the safe-haven yellow metal.

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Growing Physical Demand In India And China To Support Gold At $1,200 – UBS

(Kitco News) – While diminishing risk sentiment will continue to weigh on gold in the near-term one bank sees a firm floor at $1,200 an ounce as a further drop in price would spur physical demand.

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Gold Extends Early Losses Amid Bearish Outside Markets

(Kitco News) – Gold prices have pushed to a seven-week low in late-morning action Tuesday.

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GFMS: Palladium Prices To Eventually Top Platinum, But Not Yet

(Kitco News) – The GFMS team at Thomson Reuters looks for palladium prices to eventually move above those for sister metal platinum, although analysts expect the latter to hold up for now and rally back above $1,000 an ounce in 2017.

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