Osisko Gold Royalties Acquires 74 Assets For C$1.125 Billion
Osisko Gold Royalties Ltd (TSX, NYSE: OR) has agreed to acquire a precious-metals portfolio, consisting of 74 royalties, streams and precious metal offtakes, from Orion Mine Finance Group for C$1.125 billion, the company reported Monday.
Read moreIndia To Hit Gold Market With 3% Tax On July 1
India will be rolling out a new 3% nationwide sales tax on gold and gold jewelry as soon as July 1, this according to the country’s GST Council, which met during the weekend to finalize the numbers.
Weak Jobs Data Isn’t Driving Gold Higher, This Is – Analyst
Gold prices rallied Friday and while analysts are quick to correlate the move with the weak U.S. jobs report, one analyst says they are wrong.
Read moreInvestors Watching $1,300 For Gold Next Week
(Kitco News) – Gold’s renewed momentum, following a disappointing May jobs report, is expected to continue into next week with some analysts saying that $1,300 could be a viable target.
Gold Hits 5-wk High, Technicals Suggest More Upside
Gold prices are trading higher, have hit a five-week high and are heading for a technically bullish weekly high close on a Friday, in midday U.S. trading action.
Read moreIf You Want To Get Rich, Own Gold – Rich Dad, Poor Dad’s Kiyosaki
Gold is a wealth attractor, this according to Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, who uses the metal to boost his net worth.
Read moreNo Bears In Market: Wall Street Sees Higher Gold Prices Next Week
(Kitco News) – Traders and analysts look for gold to maintain its post-payrolls momentum into next week, based on the weekly Kitco News gold survey.
Read morePalladium Sees Highest Price In Nearly 2 Years
(Kitco News) -A positive rally in gold, following a weaker than expected employment report, is helping to push the entire precious metals complex higher.
Read moreDeutsche Bank Trader Pleads Guilty To Spoofing Gold, Silver Markets
(Kitco News) – Confirming the allegations of manipulation in the precious metals market, David Liew a trader at Deutsche Bank pleaded guilty in court to spoofing markets, according to breaking news from Bloomberg.
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