Gold, Silver Prices Near Steady After Upbeat U.S. Data Releases
(Kitco News) – Gold and silver prices are trading not far from unchanged levels in early U.S. action Thursday, following some just-issued U.S. economic data that was better than market expectations.
Read morePhiladelphia Fed Manufacturing Index Falls To 8.5 In April
(Kitco News) – The headline current general activity index for a survey of manufacturers in the Philadelphia area slid to 8.5 in April from 13.7 in March, the regional Federal Reserve bank said Thursday.
Read moreU.S. Weekly Jobless Claims Hits New 50-Year Low
(Kitco News) – For the third week in a row U.S. jobless claims fell to their lowest level in 50 years, further below 200,000 claims and demonstrating persistent strength within the labor market.
Read moreGold Heads Further Down As Retail Sales Post Biggest Gains In Over A Year
(Kitco News) – Gold prices tumbled to daily lows following better-than-expected retail sales from March, with the yellow metal trading below $1,280 an ounce.
Read moreBarrick: 1Q Gold Output Within Its Expectations
(Kitco News) – Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) Thursday reported preliminary first-quarter sales and production of 1.37 million ounces of gold, which the company said was in line with its expectations and operating plans.
Read moreGold Hovers Around $1,280
Gold is acting as we would like as it hovers around the $1,280 level.
Read moreSilver Investors Might Be In For Surprise, Says Peter Hug
Silver Investors Might Be In For Surprise, Says Peter Hug
Read moreA Messy Equity Correction Is Coming, Time To Look At Gold As Insurance — State Street
(Kitco News) – Investors are shunning gold and turning to equity markets that continue to push back to record highs, but this is the time to add some insurance in a portfolio, according to one gold market analyst.
Read moreGold, Silver Bulls Work To Stabilize Prices Amid Downtrends
(Kitco News) – Gold and silver prices are steady to slightly lower in early-afternoon U.S. trading Wednesday.
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