Latest News

Main St. Overwhelmingly Bearish On Gold; Wall St. Bullish

Main Street may be more bearish than ever on the direction of gold prices in the next week, while Wall Street leans bullish, based on the weekly Kitco News gold survey.

Gold, Silver Slightly Down Amid Calmer Marketplace

Gold and silver prices are slightly lower in early U.S. trading Friday, on a quieter day in world markets.

MKS Cites ‘Robust’ Physical Demand For Gold In Asian Trading

Gold is attracting “robust” physical buying in Asia, helping prices bounce modestly overnight, says MKS (Switzerland) S.A. As of 7:38 a.m. EDT

Bitcoin Daily Chart Alert – Bulls Recover This Week, Gain Momentum – Aug 17

With Silver Tanking, How Badly Will Miners Hurt?

Some primary silver producers are no doubt feeling pain these days after the sell-off in silver prices so far this year, but don’t look for major supply cutbacks any time soon, analysts said.

Commodity Weakness Is A Threat To U.S. Stock Market – Bloomberg Intelligence

This summer’s massive drop in commodities could be a sign of a “rising macro risk” that is going unnoticed by the U.S. stock market, according to Bloomberg Intelligence.

Gold Stabilizes, Silver Rallies As Greenback Backs Off

Gold prices are holding slight gains in early-afternoon U.S. trading Thursday, while silver is posting a solid rally.

Philadelphia Fed Manufacturing Index Plunges To 11.9 In August

The index for current general activity in the Philadelphia Federal Reserve’s manufacturing business outlook survey collapsed to 11.9 in August from 25.7 in July, suggesting much slower economic growth, the regional bank said Thursday

Osisko Mining Inc. Agrees To Acquire Beaufield Resources

Osisko Mining Inc. (TSX: OSK) has agreed to acquire all shares of Beaufield Resources Inc. (TSXV: BFD), the two companies report.

Gold Prices Edge Down After U.S. Housing Data

The release of the U.S. housing data from July had little impact on gold prices, pushing the metal slightly down following a corrective bounce.