Investors Stuck In The Middle With Gold Next Week; Fed, Employment On Tap

(Kitco News) – Although gold is showing some resilience by holding strong support at its 200-day moving average, its downside potential could be tested next week as the market faces major hurdles, including a Federal Reserve monetary policy meeting and…

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Voters Divided Although Bulls Make Up Biggest Bloc

Wall Street and Main Street alike are more divided than normal on where gold prices might head over the next week, with the bulls making up the biggest camp but not capturing a majority in the weekly Kitco News survey for the first time in several weeks.

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Walsh’s Lusk: Gold Traders Have Many Factors To Digest Next Week

Gold traders will have a lot of events on their plates to digest next week, says Sean Lusk, director of commercial hedging with Walsh Trading.

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Gold Firmer On Corrective Bounce; U.S. GDP Has Little Impact

(Kitco News) – Gold and silver prices are modestly up in early U.S. trading Friday, on technical rebounds, and some short covering and bargain hunting heading into the weekend. The just-released U.S. GDP report was a bit weaker than expected but did not significantly impact the markets. June Comex gold was last up $1.60 an ounce at $1,267.90. May Comex silver was last up $0.03 at $17.295 an ounce.

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Gold Sees Little Reaction After U.S. GDP Shows 0.7% Growth In Q1

(Kitco News) – Gold prices are unable to find any momentum Friday despite the U.S. economy expanded at a slower pace than expected in the first three months of the year according to the latest data from the Commerce Department.

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Eldorado Gold Reverses To First-Quarter Profit

Eldorado Gold Corp. (NYSE: EGO) reports a first-quarter profit of $3.8 million, or a penny per share, a turnaround from a loss of $2.5 million, or zero cents per share, in the same period of 2016.

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Detour Gold Records Profit In First Quarter

Detour Gold Corp. (TSX: DGC) reports first-quarter net income of $6 million, or 3 cents per share, down from $27.6 million, or 16 cents, in the same period a year ago.

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Detour Gold Records Profit In First Quarter

Detour Gold Corp. (TSX: DGC) reports first-quarter net income of $6 million, or 3 cents per share, down from $27.6 million, or 16 cents, in the same period a year ago.

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New Indian Mobile App Aims To Turn Gold Into Currency

India is making gold trading easier, with its top online payment platform, Paytm, introducing a new mobile app that allows users to buy, store and sell gold digitally and free of charge.

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Gold To Remain Below $1,300 In Q2 – Sucden Financial

Gold is likely to trade between $1,225-$1,285 range in the second quarter, unless a geopolitical event triggers additional safe-haven demand, this according to international trading firm, Sucden Financial.

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