Gold Prices Down But Not Out Following 4.1% U.S. Q2 GDP Growth
(Kitco News) – While the gold market is on the defensive Friday, it is not seeing fresh selling following robust U.S. economic growth data for the second quarter.
Read moreEldorado Gold Posts 2Q Loss, Hikes Output Guidance
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) reports a loss for the second quarter but raised output guidance for full-year 2018.
Read moreBitcoin Daily Chart Alert – Corrective Pullback Late This Week – July 27
Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday, on a corrective pullback from recent good gains that saw prices this week hit a two-month high.
Read moreGo Long Gold For ‘Interesting Reward-To-Risk Ratio’ — Analyst
Even though gold’s current weakness might feel like one “endless summer,” choosing to go long gold at these low price levels could present a unique opportunity, according to one gold bull.
Yamana Posts 2Q Profit, On Pace To Top Gold-Output Guidance
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Thursday reported that the company was profitable in the second quarter, with gold production so far this year on track to exceed 2018 guidance.
Read moreSnorkeling For Gold: Man Spots U.K.’s Biggest Gold Nugget In Scottish River
What has a higher probability of panning out — finding gold while lying face down in the river or winning the lottery? Well, one amateur prospector tried his luck with the former and struck gold in the form of an 85.7g (3.02oz) nugget.
Silver Has The Best Value Out Of All Precious Metals – Columbia Threadneedle
(Kitco News) – Despite its continued underperformance within the precious metals market, one global investment firm remains optimistic that silver will regain its luster.
Read moreBarron’s Bearish On Gold; Why That’s A Bullish Development
There’s an old trading adage that says when the major, mainstream business media finally catches wind of a major market move and then reports on it, that market move has then very likely run its course.
Read moreGold, Silver Down On Lack Of Bullish News, Bearish Charts
Gold prices are moderately lower and silver prices are slightly down in early-afternoon U.S. trading Thursday.
Read moreGoldman Sacks Remains Overweight Commodities And Still Sees Gold At $1,450
Despite, its recent lackluster performance, Goldman Sachs continues to see gold prices rising over the next year as demand in China and other emerging-market nations recovers.
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