Gold Prices Power To 10-Week High, More Upside Likely
(Kitco News) – Gold prices are holding moderate gains in early-afternoon U.S. trading Monday. Early on, prices hit a 10-week high. Some more safe-haven demand, technical buying and short covering are boosting the yellow metal again today.
Read moreAgnico Eagle Building Production, Value In Canada’s Arctic
(Kitco News) – It’s only a matter of time before investors come back to the mining sector, but they need to see viable business and growth potential, according to Sean Boyd, CEO of Agnico Eagle.
Read moreAre Gold Bears Feeling The Squeeze Yet?
(Kitco News) – Sentiment appears to be shifting in the gold market and analysts are dismissing a new record in speculative bearish positioning shown in the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreGran Colombia 3Q Gold Output Up 54% Year-On-Year
Gran Colombia Gold Corp. (TSX: GCM) third-quarter gold output totaled 57,163 ounces, which was up 54% from the same period a year ago, the company reports.
Read moreFirst Majestic Posts Record Silver-Equivalent Output In 3Q
First Majestic Silver Corp.’s (TSX: FR; NYSE: AG) third-quarter production hit a company record of 6.7 million silver-equivalent ounces, which was up 69% from 4 million in the same quarter of 2017, the company said Monday.
Empire State Manufacturing Index Rises To 21.1 In October
Kitco News reports on New York Fed’s Empire State manufacturing survey for October
Gold Near 10-Week Highs As U.S. Retail Sales Disappoint In September
Gold prices edged up, trading near 10-week highs, as retail sales fell short of expectations in September.
Read moreGold Extends Rally, Hits 10-Week High
Gold prices are holding good gains and scored a 10-week high in early U.S. trading Monday.
Read morePrice Group’s Flynn: Geopolitical Tensions Boost Gold
Gold is getting a lift from geopolitical tensions at the start of a new trading week, says Phil Flynn, senior market analyst with at Price Futures Group.
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