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Easy Come, Easy Go: Palladium Down 3% Day After Surpassing Gold Prices

(Kitco News) – For a brief moment, palladium, the best performing asset in the precious metals space, became the most expensive; however, the end is in sight for the mostly industrial metal, according to one U.K. research firm.

Gold Sees Modest Support As U.S. Stocks Erode

Gold prices are modestly up in early-afternoon U.S. trading Thursday.

Gold Prices Holding On To Gains As Sentiment In U.S. Service Sector Grows

(Kitco News) – Gold prices are holding near session highs, just under critical resistance at $1,250 an ounce as sentiment in the U.S. service sector continues to build, according to the latest data from the Institute of Supply Management (ISM).

ETF Gold Holdings Rise Second Straight Month In November

Gold holdings of global exchange-traded funds and similar products rose for the second straight month in November, this time by 21.2 tonnes, the World Gold Council reported Thursday.

Gold Prices Push To 5-Week Highs As U.S. Stock Market Melts Down

Gold prices have rallied and are at their daily highs and have hit five-week highs in late-morning trading Thursday.

Palladium Back Below Gold; Commerzbank Sees ‘Correction Potential’

U.S. Weekly Jobless Claims Weaker-Than-Expected For Fourth Straight Week

(Kitco News) – Weakness in the labor market continues to build as the Labor Department reported the third consecutive rise in weekly jobless claims.

Newmont 2019 Gold-Output Guidance At Upper End Of Range For 2018

Newmont Mining Corp. (NYSE: NEM) Thursday said that the company expects to produce 5.2 million ounces of gold in 2019 at all-in sustaining costs of $935 an ounce.

Gold Pauses Amid Plunging U.S. Stock Market

Gold prices are near steady in early U.S. trading Thursday.

Gold Prices Push Into Positive Territory Following Disappointing ADP Jobs Data

(Kitco News) – Gold prices turned positive Thursday as panic grips financial markets, and after private sector added fewer jobs than expected in November, according to the latest data from private-payrolls processor ADP.