Latest News

Gold To Remain Resilient Next Week Despite Looming Rate Hike – Analysts

(Kitco News) -Gold’s resiliency in the face of a potential rate hike in just over three weeks is surprising some market participants; however, other note that gold is paying more attention to ongoing geopolitical strife.

Wall, Main St. Bet on Higher Gold Next Week

Wall Street and Main Street both look for gold to maintain its momentum next week, according to the weekly Kitco News gold survey.

Miners Continue to Price-In June Fed Rate Hike

Gold Is Breaking Out

Gold is breaking out this morning knocking down the invisible wall at $1,260 that was holding it back.

Gold Up, At 4-Week High, On Weak Greenback, Some Risk Aversion

Gold prices are posting decent gains and have hit a four-week high in early U.S. trading Friday.

U.S. Orders Of Durable Goods Fall By 0.7% During April

Orders for durable goods in the U.S. fell by 0.7% to $231.2 billion during April, according to a Commerce Department report Friday. This was slightly stronger than forecast.

Gold Holding Overnight Gains, Shrugging Off Stronger-Than-Expected Q1 GDP

(Kitco News) – Gold prices are holding on to most of their overnight gains as the latest data from the Commerce Department showed stronger-than-expected economic growth in the first three months of the year.

Gold and Silver Wake Up

RBC’s Gero: Buy Stops Accelerate Gains In Comex Gold

Commerzbank says physical gold demand from key consuming nations such as India and China has been strong lately, although Indian demand may wane.

Sweden Is Moving Entire Mining Town To New Location

A Swedish mining company is beginning a daunting task – moving its northernmost town of 18,000 people to a new location to save the buildings from collapsing into a giant sinkhole.