‘Too Early To Write Obituary For Gold’ – TDS
TD Securities says gold may suffer more in the near term, but the Canadian bank looks for the precious metal to eventually recover as the U.S. dollar loses momentum and investors look for a hedge amid geopolitical and trade issues.
Read moreGold Prices Unchanged On The Day As U.S. PCE Core Inflation Rises To 2%
(Kitco News) – Gold prices remain relatively unchanged on the day as inflation pressures rise to the Federal Reserve’s 2% inflation target last month.
SEMAFO Pours First Gold At Boungou Mine
SEMAFO Inc. (TSX, OMX: SMF) has completed the first gold pour at the Boungou Mine in Burkina Faso, the company repots.
Read moreGold Up A Bit As U.S. Dollar Backs Down
Gold and silver prices are slightly higher in early U.S. trading Friday.
Read moreBitcoin Daily Chart Alert – Multi-Month Low Hit, More Downside Likely – June 29
Bitcoin-U.S. dollar prices are again lower in early U.S. trading Friday.
Read moreDramatic Metals Sell-Off Not ‘Warranted,’ Gold Is A ‘Natural’ Defensive Play – BMO
The recent sell-off in the commodities space was not “fundamentally warranted,” according to the Bank of Montreal (BMO), which views gold as a “natural” defensive play if tensions between the U.S. and China escalate into a full-blown trade war.
Gold, Silver Hit Multi-Month Lows Amid Lack of Bullish News
Gold and silver prices are trading moderately lower in early-afternoon U.S. dealings Thursday.
Read moreIs It Prime Time For Gold’s Bounce Back? Peter Hug
Is It Prime Time For Gold’s Bounce Back? Peter Hug
Read moreDetour: New Mine Plan Offers ‘Best Value-Maximizing Alternative’
Detour Gold Corp. (TSX: DGC) has updated the life-of-mine (LOM) plan for its Detour Lake operation, making changes aimed at reducing large annual fluctuations in the amount of gold that is mined but conceding some higher costs that were contained in t…
Read moreGold Prices Ignore Weaker Than Expected GDP In Q1
Gold prices are seeing a very limited reaction to disappointing U.S. gross domestic product data that showed weaker than expected growth in Q1, according to the U.S. Commerce Department.
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