Gold Weaker As Risk Aversion Remains Squelched

(Kitco News) – Gold prices are modestly down in early U.S. trading Tuesday. Risk appetite in the world marketplace remains keener, which is bearish for the safe-haven yellow metal.

Sandstorm Lists 1Q Profit, Record Gold-Equivalent Ounces

(Kitco News) – Streaming and royalty company Sandstorm Gold Ltd. (NYSE MKT: SAND) reports first-quarter net income of $7 million, compared with $13.2 million for the comparable period in 2016.

Harmony: On Track For Annual Production Guidance

(Kitco News) – Harmony Gold Mining Ltd. (NYSE: HMY; JSE: HAR) says that its annual gold production guidance of 1.05 million ounces for the fiscal year is “well in reach,” with production of 812 000 ounces for the first nine months.

Harmony: On Track For Annual Production Guidance

Harmony Gold Mining Ltd. (NYSE: HMY; JSE: HAR) says that its annual gold production guidance of 1.05 million ounces for the fiscal year is “well in reach,” with production of 812 000 ounces for the first nine months.

Could Silver Have Room To Grow? BofA Shares 2017 Forecast

“Anemic” demand for silver has been restraining the precious metal’s rally, with sustainable levels likely to stay between $15 and $20 an ounce this year, BofA Merrill Lynch Global Research said in a recent report.

SOHN 2017: Commodities Not So Hot…Not Even Gold

One commodity, which stood out at last year’s Sohn Investment Conference, apparently lost its appeal in 2017.

Hold Gold Through Thick And Thin; Another Crisis Is Around The Corner – Murenbeeld

(Kitco News) – Gold prices could have further room to fall ahead of a looming interest rate hike in one month and continued push for President Donald Trump’s tax reforms and deregulation proposals; however, one analyst still sees potential for the metal throughout the year.

Gold Loses Early Gains To Finish Near Steady

Hedge Funds Take Profits in Gold And Silver; More Selling To Come – Analysts

(Kitco News) – Six weeks of continuous buying, which recently pushed gold prices to five-month highs, finally prompted hedge funds to take profits in the yellow metal, according to the latest trade data from the Commodity Futures Trading Condition.

Citi Does Not Anticipate Continued Rise In Gold/Silver Ratio

The gold/silver ratio should stabilize after recently higher levels, and there is potential for silver to bounce for a while even if gold doesn’t, says Citi. Analysts pointed out that the gold/silver ratio hit its highs for the year to date last week at around 75.5. This measures how many ounces of silver it takes to buy an ounce of gold.