TDS: ‘Gold At $1,300/Oz Is Well Within Reach’
(Kitco News) – Gold prices of $1,300 an ounce are “well within reach,” particularly amid potential for increased volatility and risk in other markets, says TD Securities.
Read moreKirkland Lake 1Q Adjusted Profit Rises; Dividend Payment Increasing
(Kitco News) – Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) reported Tuesday that its first-quarter adjusted profit rose sharply on record output and that the company’s dividend is increasing as it switches the payment from Canadian to U.S. cents.
Gold, Silver Prices Down As Greenback Up
(Kitco News) – Gold and silver prices are modestly lower in early-morning U.S. trading Tuesday.
Read moreGold To Reach $3000; Just Wait – Fund Manager
(Kitco News) – Amidst market pessimism, one expert sees gold prices climbing to record
heights of $3,000-$4,000 an ounce in the future.
Gold Prices Modestly Up On Lukewarm Safe-Haven Demand
(Kitco News) – Gold prices are a bit higher in early-afternoon U.S. trading Monday, on tepid safe-haven demand from geopolitical developments that tanked world stock markets today.
Read moreConstruction To Start on US$265M Côte d’Ivoire Gold Mine
(Kitco News) – The mine is expected to achieve average annual production of 215,000oz for the first five years of operations, with average all-in-site-costs of US$734/oz.
Read moreGold Spins Wheels Amid Weak Stocks, Demand Worries, Strong Dollar
(Kitco News) – Gold futures were held back by a muscular U.S. dollar and ideas that any further weakness in China’s economy due to U.S. tariffs could dent physical demand from the key gold-buying nation.
Read moreMoney Managers Eliminate Net-Bearish Position In Gold
(Kitco News) – Large speculators wiped out their net-bearish positioning in gold futures – leaving them with a tiny net long — during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
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