M&A Is Good For Gold Investors But Discoveries Are Better – Goldsource CEO
(Kitco News) – The recent mega-mergers among major gold producers have helped attract investor attention to the sector but more still needs to be done to entice much needed capital, according to one mining executive.
Read moreGold Still To React To U.S. Dollar Weakness, Watch For A Move Higher — Analysts
(Kitco News) – Gold prices are likely to see a move up next week as the yellow metal recovers following Thursday’s big drop, according to analysts.
Read moreWall St. Split, Main St. Bullish On Gold Prices
(Kitco News) – Wall Street is split on the near-term direction of gold prices, while Main Street remains bullish, according to the weekly Kitco News gold survey.
Read moreBitcoin Daily Chart Alert—Bulls Hanging Tough Late-Week
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Friday, and have stabilized the market after Thursday’s declines.
Read moreGold Stock Consolidation Continues in a Tight Range
(Kitco News) – The brief short covering respite in the safe haven metal this week reversed quickly after yesterday’s U.S. Labor Department report said its Producer Price Index (PPI) rose 0.6% in March, following February’s increase 0.1%.
FXTM: Pickup In Risk-Off Sentiment Would Underpin Gold
Look for gold to benefit if the outlook for so-called risk assets deteriorates, says Lukman Otunuga, research analyst at FXTM. Spot metal is above $1,290 an ounce, stabilizing after Thursday’s sell-off.
Gold, Silver Prices Posting Rebounds As USDX Sells Off
(Kitco News) – Gold and silver prices are moderately up in early U.S. trading Friday, on corrective bounces after selling off sharply on Thursday.
Read moreGold Price Gets Hammered
The amazing thing we learn and experience in markets is the thrill of victory and the agony of defeat. On Wednesday, gold buyers looked in full control and were in the process of pushing the metal through resistance and starting the next leg up.
Read moreCoeur: 1Q Production In Line With Guidance
(Kitco News) – Coeur Mining, Inc. (NYSE: CDE) said late Thursday that first-quarter production was in line with its expectations and that output should pick up in the second half of the year.
Read moreGold Is Stuck Between Dovish Fed And Risk-On Sentiment — ICBC
(Kitco News) – The outlook for gold going forward remains neutral for the world’s largest bank, which sees the yellow metal as stuck between a dovish Federal Reserve and a risk-on investor sentiment.
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