Fund Managers Trim Bullish Gold Positioning During Price Retreat
Money managers finally trimmed their bullish positioning in gold futures during the latest reporting week for data gathered by the Commodity Futures Trading Commission, after they had been net buyers for more than two months.
Read moreEndeavour Mining: Commissioning Begins At Houndé Gold Project
Endeavour Mining Corp. (TSX: EDV) says wet commissioning has begun at its Houndé gold project in Burkina Faso, with the first ore introduced to the process plant milling circuit in preparation for production.
Gold Slightly Down Amid Calm Marketplace
Gold prices are slightly lower in early U.S. trading Monday. There was no uptick in geopolitical anxiety over the weekend and marketplace focus early this week is on central banker speeches.
Read moreGold To Remain Under Pressure As Metal ‘Gives Way’ To Hawkish Fed
After taking a hit and plunging below $1,300 an ounce this week, gold is looking to remain under pressure, as a more aggressive U.S. Federal Reserve holds the yellow metal back, according to analysts.
Read moreWall St., Main St. See Gold Prices Regaining Their Shine
Wall Street is sticking with its bullish outlook and has been rejoined by Main Street in the weekly Kitco News gold survey.
Read moreGold Prices Edge Up After Mixed Flash PMI Data
Gold prices were trading higher on the day after the release of mixed preliminary manufacturing and service-sector sentiment data.
Read moreGold Price Declines Just A Downside Correction In Longer-Term Uptrend
The yellow metal has backed well down from its 2017 high of $1,358.50, basis nearby Comex futures, scored a few weeks ago.
Read moreAlrosa Discovers Largest Pink Diamond In Company’s History
The world’s top diamond producer by output has just made history.
Tahoe Resources Increases Guidance For Gold Output
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) has upwardly revised 2017 guidance for gold output to between 400,000 and 450,000 ounces, compared to 375,000 to 425,000 previously.
Read morePrice Futures Group’s Flynn: Gold To Bounce From ‘Oversold’ Levels
Look for gold to bounce next week, says Phil Flynn, senior market analyst with at Price Futures Group.
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