LBMA: Gold Ounces Transferred Daily Steady In September; Silver Volume Rises
(Kitco News) – The amount of gold transferred between accounts of London Bullion Market Association members was steady during September while the silver volume increased, the organization reported Friday.
Read moreGoldcorp CEO: ‘Nothing Is Broken’ Despite Plunge In Shares
David Garofalo, president and chief executive officer of Goldcorp Inc. (TSX: G, NYSE: GG), says “nothing is broken” with the company and that third-quarter earnings were weaker largely because of a decision to move processing of lower-grade ore ahead by one quarter at the new Peñasquito pyrite leach plant.
Gold Is Doing What It’s Supposed To As Equities Correct – Analysts
(Kitco News) – It has taken a while, but gold is now doing exactly what it is supposed to do as the metal ends the week near a three-month high as U.S. equity markets continue to melt down and bond yields drop.
Read moreWall St., Main St. Look For Gold Upside To Continue
Read moreGold Extends Early Gains As U.S. Stock Market Losses Steepen
Gold prices continue to get a safe-haven bid and are posting solid gains in late-morning trading Friday–adding to early advances as the U.S. stock market trades sharply lower.
Read moreBuckle Up! Gold Gains As Volatile Trading Day Expected
Gold prices are moderately higher in early U.S. trading Friday, on more safe-haven buying ahead of a likely volatile trading session in the U.S. stock market, and an uncertain weekend on the geopolitical front.
Read moreGold Moves Little After U.S. 3Q GDP Growth Reported At 3.5%
Gold held a slight gain but moved little after a government report Friday showed that U.S. gross domestic product rose by a seasonally adjusted annual rate of 3.5% in the third quarter. Spot gold was last up $1 to $1,232.60 an ounce.
Read moreBitcoin Daily Chart Alert – No Impact From Stock Market Volatility…Yet – Oct. 26
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Friday—continuing a long string of very low volatility trading days.
Yamana Posts Adjusted Profit, Hikes Gold-Output Guidance, Sells Mine
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Thursday reported a dip in its third-quarter profit but hiked guidance for gold and copper production in full-year 2018.
Read moreSociete Generale ‘Cautiously Bullish’ On Gold Prices
Societe Generale is “cautiously bullish” on gold prices, looking for the metal to average $1,250 an ounce in the fourth quarter and $1,275 in the first quarter and for all of 2019.