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Gold Prices Remain At 5-Week Low Following Rise In PCE Inflation

(Kitco News) – Gold prices continue to trade near a 5-week low as inflation pressures rise in line with expectations, according to the latest data from the U.S. Commerce Department.

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Commerzbank: Dollar, Korean Situation Pressure Gold

Gold has fallen back below $1,320 per ounce at the start of a new trading week.

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Gold Sinks To 5-Week Low As U.S. Dollar Stronger

Gold prices are moderately down and have dropped to a five-week low in early U.S. trading Monday.

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Roxgold Announces Share Repurchase Program

Roxgold Inc. (TSX: ROXG) has announced a program to buy back shares.

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Bitcoin Daily Chart Alert – Price Uptrend Remains In Place – April 30

Bitcoin-U.S. dollar prices are firmer in early U.S. trading Monday.

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Silver Has More Upside Potential Than Gold — Wells Fargo

Even though both gold and silver are stuck in a bear market for at least another five years, according to Wells Fargo Investment Institute, traders should pay close attention to silver as it has more upside potential than gold.

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Mint Contacts RCMP After $110K In Gold Gets Stolen

Royal Canadian Mint seems to have another gold theft on their hands, just three years after Mint’s former employee stole $190,000 worth of gold nuggets by hiding them in his rectum.

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Fed, Nonfarm Payrolls To Drive Gold Prices Next Week – Analysts

(Kitco News) – As the saying goes: “God is in the details,” and gold investors will have a lot of details to sift through next week that will see two critical economic events.

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Gold Has Explosive Potential – Gundlach

Famed hedge fund manager and “bond king of Wall Street” Jeffrey Gundlach continues to be bullish on gold, reiterating his call that when the market breaks above through critical resistance at $1,360 an ounce, gold will push $1,000 higher.

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Wall, Main St. Split On Price Direction

Sentiment in the gold market is mixed as Wall Street is bearish while Main Street is bullish on the short-term outlook for gold prices, based on the Kitco News weekly gold survey.

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