Gold Hits Session Lows Following Rise In ISM Non-Manufacturing Data

(Kitco News) – Gold prices have pushed lower, falling below initial support at the 50-day moving average, following renewed momentum in April the U.S. service sector, according the latest data from the Institute for Supply Management.

Standard: U.S. Treasury Market Holds Key For Gold Prices

Friday’s release of April nonfarm payrolls (NFP) could be a key catalyst for short-term direction in the gold market, with a robust report likely to hurt prices of the metal, says Citi Research.

Gold Continues To Drift Lower Ahead Of Important Data

Gold prices are again modestly down and hovering near a three-week low in early U.S. trading Wednesday

Gold Remains Weak Following In-Line Private Sector Employment Growth

(Kitco News) – Gold prices remain under pressure, but are unchanged, testing support above 200-day moving average as the private sector continued to generate jobs, according to the latest data from private-payrolls processor ADP.

Torex Reports 1Q Profit As Mine Ramp-Up Continues

Torex Gold Resources Inc. (TSX: TXG), which continues to ramp up the El Limón-Guajes Mine that began commercial production in Mexico in March 2016, reports net income for the first quarter of $8.9 million, or 11 cents per share.

Gold’s Support Level To Hold At $1,248 As French Election Looms

Gold prices are taking a step back as geopolitical worries subside and the market awaits more news from the Federal Reserve on Wednesday as well as the run-off results of the French election on Sunday, this according to Brian Lan, managing director at …

Dubai’s DGCX Reports Positive ‘Knock-On Effect’ From Shanghai Gold Futures

The Dubai Gold and Commodities Exchange (DGCX) said that the recently listed DGCX Shanghai Gold Futures Contract (DSGC) had an impressive “knock-on effect” on other gold products in April, this according to a recently published statement.

Kinross Q1 Adjusted Profit Up Slightly Despite Lower Output

Kinross Gold Corp. (TSX: K, NYSE: KGC) late Tuesday reported slightly higher adjusted first-quarter earnings than in the same period a year ago even though output was lower, helped when revenues were boosted by a higher gold price.

Gold Near Steady In Quieter, 2-Sided Trading Session

Gold prices were ending a lackluster U.S. day session near steady levels after hitting a three-week low in earlier trading Tuesday.

Gold Could See Strong Momentum When VIX Moves Off 10-Year Low

(Kitco News) – Investor complacency is at an all-time high as market volatility hovers around the lowest levels seen in more than a decade, according to some analysts.

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