Gold Slightly Down; Geopolitics Limits Selling
Gold is slightly lower in early U.S. trading Monday, on some mild profit taking from the shorter-term futures traders after prices scored a six-week high overnight.
Read moreDespite Lower Gold Demand, India Is Still Sitting On $1 Trillion – WGC
Demand for gold in India has been slow to come back after falling sharply last year.
Read moreGold’s Summer Lull Might Break Next Week, Investors Eye $1,280
As gold sits near the top of its latest trading range, hitting a new six-week high on Friday, analysts wonder if the yellow metal has more room to grow next week.
Read moreGold Prices Will Be ‘Explosive,’ Just Wait and See – Jim Rogers
Another bullish call for gold comes with yet another call for a financial meltdown, this time from famed investor Jim Rogers.
Read moreLBMA: Gold Ounces Transferred Daily Rise In June; Silver Volume Falls
The daily volume of gold transferred between accounts of London Bullion Market Association members rose during June, while silver volume fell, the organization reported Friday.
Read moreWall St., Main St. See Gold Maintaining Upward Momentum
Wall Street and Main Street remain bullish on gold’s short-term prospects, based on voting in the weekly Kitco News gold survey.
Teranga 2Q Profit Rises On Record Gold Production
Teranga Gold Corp. (TSX, ASX: TGZ) posted a higher profit in the second quarter, helped by record gold output. Net income was put at $9.6 million, or 9 cents per share, up from $6.1 million
Read moreDundee Lists 2Q Profit, Hikes 2017 Gold-Output Guidance
Dundee Precious Metals Inc. (TSX: DPM) reports a profitable second quarter and upped its full-year gold-production guidance. The company lists earnings of $11 million
Read moreSocGen: Gold, Silver ETP Investment Holds Up As Bullish Futures Posture Falls
There have been diverging trends in the actions of futures speculators and exchange-traded-product investors in the gold and silver markets, according to an analysis by Societe Generale.
Read moreGold At 6-Week High Following Tepid U.S. GDP Data
Gold prices are moderately up and scored another six-week high in early U.S. trading Friday
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