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New Gold Reports Adjusted Net-Loss Of $7 Million In Q2

(Kitco News) – Junior gold producer New Gold (NYSE: NGD, TSX: NGD) is on track to hit its year-end target after reporting second quarter production of 132,556 gold equivalent ounces.

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A Drop Below $1,400 In Gold Could Signal Correction: MKS PAMP GROUP

(Kitco News) – If gold prices drop below the $1,400 an ounce level, the metal is going into correction territory, MKS PAMP GROUP writes.

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U.S. Weekly Jobless Claims Rise to 215K

(Kitco News) – Initial weekly U.S. job claims rose by 8,000 to a seasonally adjusted 215,000 in the week to Saturday, the Labor Department reported Thursday.

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Gold, Silver Prices Smacked By Not-So-Easy Fed

(Kitco News) – Gold and silver markets have been hit hard by Wednesday afternoon’s Federal Reserve Open Market Committee (FOMC) statement and the ensuing press conference from Fed Chairman Jerome Powell.

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Bitcoin Daily Chart Alert – Bulls Having A Good Week – August 1

(Kitco News) – Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Thursday, following good gains Wednesday.

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FED Speaks; Equities, Gold Get Drilled

(Kitco News) – On Wednesday the Federal Reserve made their decision on interest rates, cutting 25 basis points, which was already priced into the markets.

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Central Banks See Ravenous Demand For Gold In Q2 To Protect Against Looming Risks

(Kitco News) – Central banks’ insatiable appetite for gold dominated the marketplace between April and June, according to the latest data from the World Gold Council (WGC).

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Federal Reserve Cuts Rate for the First Time in a Decade

(Kitco News) – Federal Reserve Cuts Rate for the First Time in a Decade

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Kinross Maintains Guidances, Buys Russian Project For $283 Million

(Kitco News) – “This acquisition is an excellent fit for Kinross as it enables us to leverage our expertise as a world-class cold climate heap leach operator.”

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Centamin Expects Stronger Grades In H2

(Kitco News) – The company declared an interim dividend of US$46.2 million.

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