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LBMA: April Gold Ounces Transferred Daily Are Most For Year To Date

The amount of gold and silver transferred between accounts of London Bullion Market Association members during April was the most for the year to date, the organization reported Wednesday.

Gold Near Session Highs Following 1.3% Drop In U.S. Pending Home Sales

(Kitco News) – Just off its session highs, gold is holding on to most of its recent gains following the latest U.S. housing sector data that showed a further slowdown in purchases in coming months.

Standard Chartered: Gold Production Nearing Cycle Peak

(Kitco News) – Global gold-mine supply is closing in on its cycle peak, say analysts with Standard Chartered.

Gold And Silver Are Back After Taking A Rest

Asian Traders Buy Overnight Dip

Santacruz Silver Reports First-Quarter Profit

Santacruz Silver Mining Ltd. (TSXV: SCZ) reports a profit in the first quarter as output rose from the fourth quarter although it was down from the year-ago period.

Gold Firmer On Bullish Technicals, Weak Greenback

(Kitco News) – Gold prices are modestly higher in early U.S. trading Wednesday. A price uptrend on the daily chart is prompting some chart-based buying interest, while a down-trending U.S.

Rare Green Diamond Discovered In South Africa

Canada’s Diamcor Mining said it unearthed a rough 5.36-carat green octahedron diamond from its Krone-Endora project in South Africa.

Gold Down On Profit Taking, Weaker Crude Oil

(Kitco News) – Gold prices ended the U.S. day session moderately lower Tuesday, on a corrective pullback after hitting a four-week high overnight.

Gold Remains Down Despite Fall In Consumer Confidence

(Kitco News) – The gold market remains under pressure but off its lowest, following a larger-than-expected drop in U.S. consumer confidence.