Barrick: No Timetable For Acacia-Tanzania Tax Negotiations
Barrick Gold Corp. (NYSE, TSX: ABX) said progress has been made in tax negotiations involving the government of Tanzania and Acacia Mining and that the company is no longer setting a timetable for an agreement.
Read morePaulson Calls For Sale Of Detour Gold, Cites Low Stock Price
Paulson & Co, led by billionaire hedge-fund manager John Paulson, is urging for underperforming Canadian miner Detour Gold Corp (TSX: DGC.TO) to put itself up for sale, citing lapses in management and low stock price. http://www.kitco.com/finance/stocks/details.html?j1_module=stockDetail&j1_symbol=DGC.TO&j1_region=US
Read more‘Significant Risk Of Recession In 2020’; What Does This Mean For Gold?
Despite stronger economic growth in 2018, Capital Economics is warning investors of a looming slowdown, estimating a 1.3% GDP growth in 2020 and a reversal of Federal Reserve’s tightening cycle.
Read moreCharles Krauthammer, Conservative Commentator, Dies At 68
Read moreGold Is Looking To Get Its Safe-Haven Allure Back — Analysts
As gold struggles to find support after hitting a six-month low earlier this week, analysts are waiting for a reawakening of the metals’ safe-haven appeal amid a complacent market in the face of trade war fears.
Read moreWall St. Bullish, Main St. Mixed On Gold Prices
Wall Street remains bullish but Main Street is mixed on the direction of gold prices in the next week, based on the Kitco News weekly survey.
Read moreGold Mildly Supported By Big Rally In Crude Oil, Weaker U.S. Dollar
Gold prices are trading with slight gains in late-morning action Friday.
Read moreCommerzbank Sees $1,350 Gold, $18 Silver By Year-End
Commerzbank looks for gold to reclaim $1,350 an ounce and silver $18 by year-end on expectations that the U.S. dollar will start to give back some of its recent strength.
Read moreExpert Says Gold Has Harder Days Ahead
Gold investors should eye an even lower target from current levels, as there is currently no need for a flight to safety, said Todd “Bubba” Horwitz of bubbatrading.com.
Read moreGold Prices Edge Up After Flash PMI Data Disappoints
The gold market saw a small uptick after the release of preliminary manufacturing and service-sector sentiment data.
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