Endeavour Silver: 2Q Output Down Year-On-Year But Up From 1Q
Endeavour Silver Corp. (TSX: EDR; NYSE: EXK) reports second-quarter production was down from a year ago but up from the first quarter at its three silver-gold mines in Mexico.
Read moreBoC Hikes For First Time In Nearly 7 Years, Gold In CAD Falls
The Bank of Canada (BoC) hiked its key interest rate to 0.75% from 0.5% on Wednesday, citing improved economic growth and downplaying soft inflation as temporary.
Read moreThis Is Still An Attractive Environment For Gold – ETF Securities
(Kitco News) – Equity markets continue to benefit from low volatility, holding near record levels; but one investment firm is warning that traders might want to take a more defensive position, which could include a bigger exposure to gold.
Read moreGold Climbs After Yellen Testimony Hints At Limited Further Rate Hikes
Gold futures climbed after Federal Reserve Chair Janet Yellen suggested early Wednesday the U.S. economy remains strong enough for more rate hikes but also said they may not have to rise much more, traders said.
Read moreGold Rallies As Yellen Prepared Remarks Deemed Dovish
Gold prices have rallied moderately in the immediate aftermath of the release of prepared remarks from Fed Chair Janet Yellen, for her testimony to the U.S. House of Representatives later this morning.
Read moreFirst Majestic: 3Q Output To Be ‘Back On Track’ After Decline In 2Q
First Majestic Silver Corp.’s (NYSE: AG; TSX: FR) second-quarter production declined, but the company looks for output to be “back on track” in the third quarter since a number of work stoppages appear to have been resolved.
Gold Stabilizes Ahead Of Yellen Testimony
Gold prices are modestly higher in early U.S. trading Wednesday, on some position-squaring ahead of the marketplace highlight of the week: remarks from Fed Chair Janet Yellen before the U.S. Congress.
Read moreGold Rally Was Inevitable – RBC’s Gero
Prepared remarks from Federal Reserve chair Janet Yellen released Wednesday morning saw gold prices move higher as the market deemed the text as favoring the monetary policy doves.
Read moreJim Cramer Calls Amazon Prime A “Makeshift Holiday,” Not Helping Stock Price
Despite all the fanfare behind Amazon’s annual sales event, its stock price is not moving higher, a trend seen since 2015 when the event was first launched.
Without Regulation Bitcoin Will ‘Run Amok’ — CEO Of Chinese Bitcoin Exchange BTCC
As cryptocurrencies are continuing to see a surge in popularity, they will need to face regulations or their massive price swings will cause havoc, this according to a CEO of a major Chinese bitcoin exchange.
Read more