Gold, Silver Up As Greenback, Stocks Sell Off
Gold and silver prices ended the U.S. day session higher Thursday, on a corrective bounce from selling pressure seen earlier this week.
Read moreIgnore Gold Explorers, Focus On These Miners Instead – Analyst
(Kitco News) – While explorers in the mining sector have received the most attention from investors in the last two years, one analyst said that mid-tier gold producers have the most potential right now.
Read moreGold Prices Went Crazy Along With Stocks On Black Monday
Stocks were not the only market that went berserk on Black Monday 30 years ago; so did gold and other commodities.
Read moreWeekly Jobless Claims Fall To Lowest Level Since March 1973
(Kitco News) – Initial weekly U.S. jobless claims fell by 22,000 to a seasonally adjusted 222,000 in the week to Saturday, the Labor Department said Thursday.
Read moreGold Prices Hold Modest Gains Following Rise In Philly Fed Survey
(Kitco News) – Gold remains in positive territory following stronger-than-expected data manufacturing data from the Philadelphia Federal Reserve.
Read moreGold Bounces As U.S. Dollar Weakens, Stocks Sell Off
Gold prices are moderately higher in early U.S. trading Thursday, on a corrective rebound from selling pressure seen earlier this week.
Read moreAsanko Gold 3Q Output On Track To Meet 2017 Guidance
Asanko Gold Inc. (TSX, NYSE MKT: AKG) says production in the third quarter of 49,293 gold ounces is on track to meet 2017 guidance of 205 to 225,000 ounces.
Read moreIndia ‘Formalizes’ Gold Trade With First Ever Gold Options Contract
India took another step towards formalizing its gold trade by launching the country’s first ever gold options contract on the Multi Commodity Exchange (MCX).
Read moreScotiabank Looking To Sell World’s Oldest Gold Trading Unit
Canada’s Bank of Nova Scotia (TSX: BNS.TO) is considering selling ScotiaMocatta — the world’s oldest gold trader — following a scandal involving smuggled gold from South America, according to media reports.
If You Like Gold, Watch This Level Closely – Analyst
Gold prices are under pressure again as the U.S. dollar regains momentum, however one analyst is not ready to throw in the towel just yet.
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