Gold Prices Down Nearly 1% Following Hotter-Than-Expected PPI
(Kitco News) – Gold prices remain under pressure and are trading at session lows after producer price inflation came in much hotter than expected.
Read morePretium Reports Year-On-Year Rise In 3Q Profit
Pretium Resources Inc. (TSX, NYSE: PVG), which operates the Brucejack Mine in British Columbia that began commercial production in July 2017, reports adjusted earnings rose to $26.3 million, or 14 cents per share, in the third quarter, up from $14 mil…
Read moreBitcoin Daily Chart Alert – Bulls Fade Late This Week – Nov. 9
Read moreOne Factor That Could Derail The Fed Tightening Path – Axel Merk
(Kitco News) – October’s equity correction, the biggest drop since the 2008 financial crisis, wasn’t enough to derail the Federal Reserve’s plan to gradually raise interest rates.
Silver To Surprise With A Rally By Year-End – Analyst
Silver is looking to outperform gold for the rest of the year, according to one gold bull, who is seeing strength in the precious metal that has struggled this year.
Read moreGold, Silver Weaker As U.S. Dollar Index Gains; Little Reaction To FOMC
Gold and silver prices are just modestly lower in early-afternoon U.S. trading Thursday.
Read moreGold Prices Down, But Not Out After Fed Leaves Rates Unchanged
The gold market, while down on the day, is seeing little reaction after the Federal Reserve left interest rates unchanged but set the stage for another interest rate hike in December.
Read moreThe BoE Refuses To Release Venezuela’s Gold Worth $550 Million — Reports
The Bank of England (BoE) is reportedly refusing to release gold bars worth just over $550 million to President Nicolas Maduro, who fears that U.S. sanctions against Venezuela would restrict access to that gold in the future, according to media reports.
Read moreEY: Mining Executives Expect Increased M&A Activity In Next Year
Merger-and-acquisition activity in the mining sector is likely to pick up in the next year, said the consultancy EY in a report Thursday.
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