Fear Of A Fed Rate Hike Drives Gold Down 1.5%, Silver Down 2% – Analysts
(Kitco News) – The threat of a rate hike this year is spooking gold and silver investors as the yellow metal sees its worst day in two weeks, according to some analysts.
Read morePrecious Metals Smacked By Demand Concerns, Firmer USDX
(Kitco News) – Gold and silver prices are trading sharply lower in midday U.S. trading Thursday. Platinum and palladium prices are also getting hammered.
Read moreFalling Real Rates, Recession Fears Should Push Gold Prices Beyond $1,300 — Aberdeen
(Kitco News) – Gold prices continue to struggle to hold gains above the psychologically important $1,300-an-ounce level, but one market analyst remains optimistic that is only a matter of time before prices push materially higher.
Read moreNewmont Shareholders OK Proposals For Goldcorp Takeover
(Kitco News) – Shareholders of Newmont Mining Corp. (NYSE: NEM) voted Thursday to approve issuance of new shares for a proposed takeover of Goldcorp Inc. (TSX: G, NYSE: GG), Newmont announced.
Read moreGran Colombia Gold Reports Record 1Q Output
(Kitco News) – Gran Colombia Gold Corp. (TSX: GCM) says first-quarter gold output hit a quarterly record 60,601 ounces, up 15% over the first quarter of 2018.
Read moreRJO’s Pavilonis: Gold Retreats On Technical-Chart Factors
(Kitco News) – The pullback in gold futures so far Thursday is largely based on the technical charts rather than any fresh news, says Daniel Pavilonis, senior commodities broker with RJ Futures. As of 9:16 a.m. EDT
Read moreU.S. Weekly Jobless Claims Hit 50-Year Low Drop Below 200K
(Kitco News) – The U.S. labor market remains a pillar of strength within the U.S. economy as weekly jobless claims fall to a new 50-year low, dropping below 200,000 claims.
Read moreGold Prices Under Pressure As Producer Inflation Rises 0.6% In March
(Kitco News) – The gold market remains under pressure, but continues to hold on to support around $1,300 an ounce even as whole sale inflation pressures rose sharply last month.
Read moreGold Prices Under Pressure As Producer Inflation Rises 0.6% In March
(Kitco News) – The gold market remains under pressure, but continues to hold on to support around $1,300 an ounce even as whole sale inflation pressures rose sharply last month.
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