Commerzbank: ETF Gold Holdings Rise 52 Tonnes So Far In June
Holdings of gold by global exchange-traded funds have jumped by 52 tonnes so far this month, reflecting good demand for gold, Commerzbank said. Most gold ETFs trade like a stock but track the price of the commodity, with metal put into storage to back …
Read moreGold Remains Higher After U.S. Jobless Claims Rise 3,000 To 222,000
(Kitco News) – Gold maintained overnight gains after Labor Department data Thursday showed that initial weekly U.S. jobless claims rose by 3,000 to a seasonally adjusted 222,000 in the week to Saturday. Spot gold was last up $3.40 to $1,336.50 an ounce.
Read moreGold Prices Get Safe-Haven Bid As Persian Gulf Tensions Rise
(Kitco News) – Gold prices are modestly higher in early morning U.S. trading Thursday, supported on some safe-haven buying interest on news overnight of another attack on ships in the Persian Gulf region.
Read moreBitcoin Daily Chart Alert—Bulls Hang Tough
(Kitco News) – Bitcoin-U.S. dollar prices are slightly down Thursday. Not much new.
Read moreSprott Invests In Gold-Backed Debit Card
(Kitco News) – One company is looking to bring gold into the financial mainstream, brining credit card backed by the precious metals to the U.S.
Read moreIs Elon Musk’s Next Venture Mining?
(Kitco News) – “We don’t want to let the cat out of the bag, too much. It is still in the bag.”
Read moreThese Stars Set The Example In A Struggling Gold Industry, Said CEO
(Kitco News) – The gold mining space is facing a major cash crunch, and besides waiting for the price of gold to alleviate pain, the key to survival may be to look at the senior producers who are managing costs efficiently, this according to Cal Everet…
Read moreGold Price Going To $1,700 Soon Says Billionaire Paul Tudor Jones – Bloomberg
(Kitco News) – Another billionaire investor is sounding the alarm for the U.S. and global economies and is looking at gold as the safe-haven play.
Read moreHarte Gold Closes $82.5 Million Financing
(Kitco News) – Ontario-miner Harte Gold (TSX:HRT) announced today that it raised US$82.5 million for working capital and reducing corporate indebtedness
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