Latest News

Gold Hits 5-Week Low Amid Upbeat Risk Attitudes

Gold prices were ending the U.S. day session down and fell to a five-week low Monday.

Bulls Exit Gold Futures In Wake Of FOMC Meeting

Large speculators exited from gold and silver futures during the several days after the last meeting of the Federal Open Market Committee, based on the latest weekly positioning data from the Commodity Futures Trading Commission.

Gold Remains Weak Despite 1.1% Fall In U.S. Durable-Goods Orders In May

Kitco News reports on U.S. orders for durable goods in May

Gold Sinks To 5-Week Low Amid Risk-On Attitudes

Gold prices are solidly lower and fell to a five-week low in early U.S. trading Monday, pressured by upbeat trader and investor attitudes about the marketplace to start the trading week.

Acacia’s North Mara Gold Mine In Tanzania Invaded In Attempt To Steal Ore

Acacia’s North Mara gold mine in Tanzania was taken over by more than 500 residents from nearby villages three times last week, as they clashed with police in an attempt to steal gold ore.

After More than A Century, This Mining Jurisdiction Still Has Plenty Of Golden Opportunities

After More than A Century, This Mining Region Still Has Plenty Of Golden Opportunities

(Kitco News) – More than one century after gold was first discovered, the Val d’Or, Abitibi-Témiscamingue region remains one of the top gold mining jurisdictions in the world; and, according to mining analysts and mining executives, that is unlikely to change anytime soon.

Gold Investors, Keep An Eye Out on These Two Markets Next Week

(Kitco News) – A relatively light week for economic data could leave gold in no man’s land and vulnerable to outside markets, particularly oil and the U.S. dollar, according to some analysts.

Wall St., Main St. Lean Bullish Again As Gold Recovers

Gold has resumed a bullish trajectory, and so have respondents in the weekly Kitco News gold survey.

Ancient Gold Miner’s Tomb Discovered Along Nile River

A 3,400-year-old ancient tomb of a gold worker was discovered on Sai Island, located along the Nile River in northern Sudan. Researchers believe the buried individual was linked to the ancient gold mine on the island.