Gold Prices Remain Under Pressure As Weekly Jobless Claims Remain Near Historic Lows
(Kitco News) – Gold prices remain near their recent 12-month lows as the labor market continues to build momentum.
Read moreGold Down, Hovers Near Recent 1.5-Year Low
Gold prices are moderately lower and trading near the recent 1.5-year low in early U.S. trading Thursday.
Read moreBitcoin Daily Chart Alert – Prices Near Steady Thursday – Aug 2
Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday.
Read moreGlobal Gold Demand Falls 4% In Q2; Long-Term Trend Remains Positive
(Kitco News) – Gold demand in the first half of the year dropped to its lowest level in 9 years while the global market declined 4% in the second quarter, according to the latest report from the World Gold Council.
Read moreAugust Is The Time For Gold To Consolidate Before September Plunge — INTL FCStone
August will be a period of consolidation for gold after some heavy losses in July, said INTL FCStone while adding that more downside momentum is likely in September when volume returns to the precious metals space.
Read moreKinross 2Q Adjusted Earnings Fall With Production
Kinross Gold Corp. (TSX: K, NYSE: KGC) Wednesday reported a decline in its second-quarter adjusted profit as revenue fell along with the number of gold-equivalent ounces that were mined.
Read moreGold Weaker, No Reaction To As-Expected FOMC Statement
Gold and silver prices are weaker in early-afternoon U.S. trading Wednesday.
Read moreGold Prices Down But Fed Decision A Non-Event
The gold market is holding near session lows but is not seeing fresh selling pressure as the Federal Reserve leaves interest rates unchanged but struck an optimistic tone on the U.S. economy and future interest rates.
Read moreCommerzbank: Platinum, Palladium To Rise Into Year-End
Platinum group metals should rise in the last five months of 2018, with platinum returning to around $900 an ounce by year-end and palladium $950, Commerzbank said in report released on Wednesday
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