Klondex Reports 3Q Loss, To Tackle Stockpile In 4Q
Klondex Mines Ltd. (TSX: KDX; NYSE American: KLDX) reports a net loss in the third quarter as revenue fell on lower sales of metals and prices.
Read moreLaSalle’s Nedoss: Gold Above 200-Day Avg.; Resistance At 50-Day
Political uncertainty and geopolitical worries are continuing to boost demand for gold, says Commerzbank
Read moreGold Price: Minor Correction After Positive Week
(Kitco News) – Gold prices are slightly lower in early U.S. trading Friday, on a minor correction after this week’s good gains that saw prices hit a three-week high on Thursday.
New Tax To Hurt Gold Demand In Saudi Arabia And U.A.E.
The new value-added tax (VAT) to be introduced in Saudi Arabia and the United Arab Emirates in 2018 will negatively impact gold demand, according to the World Gold Council (WGC).
Read moreTechnology Embraces Gold After Six Years Of Decline
The technology sector is finally showing some love for gold, as more smartphone makers are upping their use of the yellow metal in their products, the World Gold Council (WGC) said in its latest report.
Read moreWheaton Precious Metals Reports Dip In Profit, Dividend
Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Thursday reported a smaller profit in the third quarter than a year ago due to lower prices and sales, and the company also trimmed its quarterly dividend by a penny.
Read moreGold Is About To Breakout, Here’s Why – Analyst
Gold’s major headwinds seem to have been priced into the market and that’s why one analyst says the metal is setting itself up for a year-end breakout.
‘Tis The Season For Gold?
(Kitco News) – Global gold demand reached an eight-year low in the third quarter of this year, but some analysts aren’t too concerned as consumers prepare for the holiday season.
Gold Boosted To 3-Week High By Slumping U.S. Dollar, Stocks
A sell off in the U.S. dollar index and world equity markets helped to push gold prices modestly higher and to a three-week high Thursday.
Read moreNew York vs. Montreal Bagels…Wait, NY Bagels Have Gold?
Hailing from Montreal, I am already involved in a heated debate over which city is home to the best bagels.
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