Teranga Posts Higher 1Q Adjusted Profit, Production
Read moreGold Prices Holding Gains Despite Positive Labor Market Data
(Kitco News) – Gold prices are holding on to modest gains Thursday even as U.S. initial jobless claims remain near their lowest level in 49 years.
Read moreYamana Lists 1Q Net Loss Due To Non-Cash Charges; Output Tops Guidance
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Wednesday reported that gold production in the first quarter exceeded the company’s expectations, although Yamana ended up with a net loss mainly due to non-cash special items.
Gold Gains On Bargain Hunting, Short Covering
Gold prices are posting good gains in early U.S. trading Thursday, on some bargain hunting in the cash market and on short covering in the futures market.
Read moreBitcoin Daily Chart Alert – This Week’s Pause Not Bearish – May 3
Read more1Q Gold Demand Hits Lowest Level In 10 Years – WGC
Gold demand is off to a slow start in 2018, as first-quarter results from the World Gold Council (WGC) revealed the lowest level in 10 years.
Read moreGold’s Price Action In 2018: ‘Two Steps Forward One Step Back’ – ANZ
This year’s gold price action has been “two steps forward one step back” kind of scene, according to one commodity strategist, who sees $1,300 level holding firm following the Federal Reserve’s dovish rate announcement on Wednesday.
Here Are A Few Surprises In Store For Gold In May — INTL FCStone
May could have a few surprises up its sleeve for gold traders, according to INTL FCStone, including Iranian nuclear deal as well as a close below $1,303.
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