Hecla CEO: 2Q Mine Output Tops Guidance
Hecla Mining Co.’s (NYSE: HL) chief executive says the company’s mine output topped its expectations during the second quarter.
MKS’s Nabavi: Strong U.S. Dollar Still Pressuring Gold
Gold is on the defensive early Friday on continued U.S. dollar strength, says Afshin Nabavi, head of trading at MKS (Switzerland) SA.
Read moreGold, Silver Slump To 12-Mo. Lows Amid Resurgent Greenback
Gold and silver prices are moderately lower in early U.S. trading Friday.
Read moreBitcoin Daily Chart Alert – Bears Back In Technical Control – July 13
Bitcoin-U.S. dollar prices are lower again and hit a two-week low in early U.S. trading Friday.
Read moreGold Prices To End The Year Below $1,200 As Fed Takes Priority — Westpac
The Federal Reserve’s hawkish tightening cycle, a strong economy, and a higher U.S. dollar will steal all of the market’s attention this year as the trade war tensions pause, pressuring gold prices even further, according to Sydney-based Westpac.
Gold Still Looks Good As The U.S. Economy Starts To Overheat – Axel Merk
(Kitco News) – Although gold is struggling to attract investors, it is still an excellent alternative in a portfolio as it is only a matter of time before inflation picks up, according to one fund manager.
Read moreGold, Silver See Corrective Rebounds
Gold and silver prices are firmer in early-afternoon U.S. dealings Thursday.
Read moreGold Could Fall To $1,200 In the Very Near Term – BNP’s Tchilinguirian
(Kitco News) – Gold investors could see more pain in their portfolio as one commodity strategist sees further downside potential for the yellow metal.
Read moreStandard: Central Banks Remain Gold Buyers; Indian Demand Picks Up
Central banks remain noted gold buyers and there are signs of demand picking up in India, says Standard Chartered Bank.
Read moreDeal Would Make Indonesia Majority Owner Of Grasberg Mine
Indonesia’s government would become the majority owner of the giant Grasberg copper and gold mine in the country under non-binding agreements reached with mining giants Freeport-McMoRan Inc. (NYSE: FCX) and Rio Tinto, the companies announced Thursday.