Gold Firmly Below $1,200 As Retail Sales Beat Expectations In July
Gold prices are still finding a bottom as better-than-expected retail sales pushed the yellow metal further down.
Read moreStrong U.S. Dollar Continues Strangle-Hold On Gold, Silver
Gold and silver prices down and hit new for-the-move lows in early U.S. trading—gold a nearly 1.5-year low and silver a two-year low.
Read morePaulson Maintains Gold Position During 2Q Despite Price Decline
The hedge fund Paulson & Co., overseen by well-known hedge fund manager John Paulson, stayed the course on its position in the world’s largest gold exchange-traded fund during the second quarter even though the price of the precious metal fell, filings show.
Read moreBitcoin Daily Chart Alert – Corrective Bounce Wednesday – Aug 15
Read moreWheaton Precious Metals Reports Higher 2Q Adjusted Profit
Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Tuesday reported a rise in its second-quarter adjusted profit as revenues got a boost from higher gold sales and prices.
Read moreIs Dollar The New Gold? It Won’t Last, Says Capital Economics
Gold prices will return to their former glory when the dollar takes a step back, according to Capital Economics, which expects the precious metal to rally only next year when U.S. economic growth makes a U-turn for the worse.
Read moreGood Sign For Gold Bulls: Gains Despite Greenback Rally
Gold and silver prices are modestly up in early-afternoon U.S. trading Tuesday, on mild rebounds after gold hit a nearly 1.5-year low and silver a two-year low on Monday.
Read moreGold To Bottom Out In Q3, End 2019 at $1,400 — ABN Amro
After briefly breaching the $1,200-an-ounce level, gold prices have only higher to go, with the third quarter marking the bottom for prices in 2018 and 2019, according to ABN Amro.
Read moreDonlin Gold Project In Alaska Gets Major Federal Permits
The giant Donlin gold project in southwestern Alaska has received major permits from the federal government, owners Barrick Gold Corp. (NYSE, TSX: ABX) and NovaGold Resources Inc. (TSX, NYSE American: NG) announced in a joint statement.
Read moreDalio’s Bridgewater Maintains Gold ETF Positions During 2Q
Well-known fund manager Ray Dalio’s Bridgewater Associates maintained holdings in gold exchange-traded funds during the second quarter even as the price of the metal fell, filings show.
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