Gold Futures In Striking Distance Of $1,300 But Sees Muted Reaction To PCE Inflation Data
(Kitco News) – Gold prices are back within striking distance of $1,300 an ounce but is seeing little reaction to muted inflation pressures last month.
Read moreCommerzbank: ‘Gold Living Up To Its Role As A Safe Haven’
(Kitco News) – Gold is benefitting from U.S. plans for tariffs on Mexican goods and could also draw further support from potential U.S. interest-rate cuts, Commerzbank said.
Read moreGold Prices Get Good Safe-Haven Bid As Global Stocks Sell Off
(Kitco News) – Gold prices are posting double-digit gains and have pushed back above $1,300.00 in early-morning U.S. trading Friday.
Read moreAgnico Eagle Achieves Commercial Output At Meliadine Mine
(Kitco News) – Commercial production was achieved this month at Agnico Eagle Mines Ltd.’s (NYSE, TSX: AEM) Meliadine mine, the company reported late Thursday.
Bitcoin Daily Chart Alert – Prices See Downside Correction Late-Week – May 31
(Kitco News) – Bitcoin-U.S. dollar prices are solidly lower early Friday, on what is so far just a normal corrective pullback after the market earlier this week hit a more-than-12-month high.
Read moreGold Should Be ‘Nicely’ Above $1,300 By Now, What’s Holding It Back? Pepperstone Weighs In
(Kitco News) – Gold should be trading well above its key psychological level of $1,300 an ounce right now, according to Australian broker Pepperstone. So, what’s holding it back?
Gold Reacts to Trump’s 5% Tariff Announcement On Mexican Imports
(Kitco News) – Gold prices rose in early Asian trading on Friday as President Donald Trump said that the U.S. will be imposing a 5% tariff on all Mexican imports starting June 10 until illegal immigration across the southern border is halted.
Read moreGold Prices To Hit $1,400 “In A Near Second” Should Inflation Rise
(Kitco News) – Recently imposed tariffs on Chinese imports could push up inflation in the U.S., adding a tailwind to gold prices, this according to Frank Holmes, CEO of U.S. Global Investors.
Read moreSolGold Tries To Stem Stock Slide After Referendum Talk
(Kitco News) – Solgold (TSX:SOLG) dropped 10% to 53 cents a share today, after the company said there were reports that the country may hold a referendum on its Cascabel project.
Read moreHarmony Gold Employee Killed In Hoisting Shaft
(Kitco News) – South African miner, Harmony Gold, said an employee was fatally injured in an engineering-related accident Wednesday night at its Nyala hoisting shaft, situated near the Phakisa operation in the Free State.
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