Despite Gains, Short-Term Gold Bulls Swim Upstream

(Kitco News) – Spot gold popped higher in overnight trading. The gains are partly attributed to a “sell the rumor, buy the fact” type of bounce on news that Emmanuel Macron beat back far-right nationalist Marine Le Pen to win the French presidency.

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Hecla Posts 1Q Profit; Higher Prices Lift Sales Despite Lower Output

(Kitco News) – Hecla Mining Co. (NYSE: HL) reported a jump in its first-quarter profit Monday as revenue from sales of metals rose due to higher prices, even though silver output declined.

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Gold Up On Short Covering, Value Buying

(Kitco News) – Gold prices are seeing moderate gains in early U.S. trading Monday. Some short covering in the futures market and perceived value buying in the cash market are featured to start the trading week.

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Gold Edges Up As Traders Worry Over Medium Term After Decisive Macron Win

Gold prices saw a slight rebound during the Asian session, as markets digested a landslide election win by Emmanuel Macron.

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Gold Steady At 7-Week Low As Macron Wins French Election By Decisive Margin

Gold prices held at seven-week lows after Emmanuel Macron was elected president of France on Sunday, defeating Marine Le Pen in the second round and brining relief to the markets.

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Krugerrand Celebrates 50th Anniversary As Top Bullion Coin

(Kitco News) – In 1967, personal wealth was given form after South Africa produced the first globally recognized gold bullion coin. 50-years later, the Krugerrand remains one of the most popular bullion products in the world.

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Gold Investors Need To Watch Oil And Equities Next Week

With only a little data out next week to shift interest expectations, commodity analysts are warning gold investors to pay attention to other markets, in particular oil and equities to determine how much down side risk the yellow metal still has.

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Wall Street Turns Bearish, Eying Technical Damage To Gold Market

While there is still some bullish sentiment for gold among Main Street investors, analysts have turned slightly bearish on the yellow metal, with many highlighting the recent technical chart damage done to the market.

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Gold Firmer in Wake of Upbeat U.S. Jobs Report

(Kitco News) – Gold prices are seeing modest gains in the immediate aftermath of an upbeat U.S. jobs report. June Comex gold was last up $2.90 an ounce at $1,231.60. July Comex silver was last up $0.077 at $16.38 an ounce.

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S&P 500 Futures Rise After U.S. Economy Adds 211,000 Jobs in April

S&P 500 futures were up 0.06%, Dow Jones Industrial Average futures fell 0.08%, and Nasdaq futures rose 0.06%.

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