U.S. Retail Sales Fall 0.2% In June, Missing Expectations Yet Again
U.S. consumers bought fewer items than expected last month, according to the latest data from the U.S. Commerce Department.
Read moreGold Rises Following Disappointing Inflation Data
(Kitco News) – Gold is adding to its on to modest gains Friday following data that showed weaker-than-expected inflation in the U.S.
Read moreMcEwen 2Q Gold-Equivalent Output Up From 1Q, Down Year-On-Year
McEwen Mining (NYSE, TSX: MUX) reports second-quarter output of 32,584 gold-equivalent ounces, up from 29,733 in the first quarter but down from 39,555 in the same period a year ago.
Read moreGold Slightly Down, But The Market Has Stabilized
Gold prices were trading slightly lower heading into the U.S. futures close Thursday.
Read moreVIX To Double Says Natixis; What Could This Mean For Gold?
The CBOE Volatility Index, (SVIX), could double and rise above 20 within a year due to geopolitical tensions, domestic instability in the U.S., tightening central bank and aging U.S. business cycle, this according to Natixis Global Asset Management’s report.
Gold Falls Slightly Below Unchanged In Subdued Trading
Gold prices are now trading modestly down in late-morning price action Thursday, after hovering near unchanged levels for much of the U.S. trading session.
Read moreGran Colombia Reports Record Monthly Gold Output
Gran Colombia Gold Corp.’s (TSX: GCM) production was 16,258 gold ounces in June, surpassing the monthly record and bringing the total for the second quarter to 46,075 ounces, up 21% year-over-year.
Harmony: Financial-Year Gold Output Exceeds Guidance
Harmony Gold Mining Co. Ltd. (JSE: HAR; NYSE: HMY) reports that gold production for financial year ending June 30 is estimated at 1.088 million ounces, which exceeds production guidance of 1.05 million.
Read moreRichmont Mines: 2Q Gold Production Rises
Richmont Mines Inc. (TSX, NYSE: RIC) reports second-quarter production of 31,249 ounces of gold, up from 23,320 in the same period a year ago and 29,401 in the first quarter.
Read moreMitsubishi: Look For Silver Gains On Short Covering
Mitsubishi sees potential for silver to bounce as traders with short, or bearish, positions buy in order to cover them.
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