Standard Chartered: Gold ETP Holdings Down 37 Tonnes In July
The amount of gold held to back global exchange-traded products for the metal is down 37 tonnes so far in July, says Standard Chartered.
Read moreCenterra Gains Some Relief In Arbitration Over Kumtor Project
Centerra Gold Inc. (TSX: CG) announces that an arbitrator has issued an order providing certain interim relief to the company in its ongoing arbitration against the Kyrgyz Republic and Kyrgyzaltyn JSC over the Kumtor project.
Read moreU.S. Weekly Jobless Claims Fall By 15,000 to 233K
(Kitco News) – U.S. initial weekly jobless claims fell by 15,000 to a seasonally adjusted 233,000 in the week to Saturday, the Labor Department said. The total was slightly higher than forecast.
Philadelphia Fed Manufacturing Index Falls To 19.5 In July
Kitco News reports on Philadelphia Federal Reserve business index for July
Read moreGold Sees Mild Profit Taking As U.S. Dollar Bounces
Gold prices are moderately lower in early U.S. trading Thursday, as the shorter-term futures traders are ringing the cash register and taking some profits after recent price gains.
Read moreGold Pushes Off Lows As ECB Holds Rates Steady, All Eyes On Draghi
European Central Bank (ECB) decided to leave interest rates unchanged, with all attention shifting to Mario Draghi’s press conference, which will shortly follow the bank’s announcement.
LME Looking Into Changing Strategy After Market Share Drop
The London Metal Exchange (LME), the world’s biggest industrial metal exchange, will be voting on various new measures in August, including items such lower fees and new live implied prices for monthly contracts not traded electronically, Bloomberg cited sources as saying.
Gold Traders: Keep One Eye On The ECB – Murenbeeld
(Kitco News) – Gold investors will want to pay close attention to the European Central Bank’s interest rate decision Thursday and the corresponding press conference, as that could have a major impact on global bond yields, according to one international economist.
Gold Steady As Market Pauses After Recent Gains
Gold prices were ending the U.S. day session near unchanged Wednesday, as the market steadied and saw some chart consolidation after posting recent good gains that put prices at a three-week high Tuesday.
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