India’s Gold Market Sees Pick-Up In Demand, Optimism In 2017 – UBS
Gold demand in India is witnessing a pick-up amid some renewed optimism, with strong expectations for the rest of the year, this according to a new report published by UBS.
Read moreBlackRocks Still Likes Gold As An Insurance Policy
(Kitco News) – The world’s largest asset management firm continues to recommend investors to hold a core position in gold as an insurance policy, despite the metals continued decline from last month’s five-month highs.
Where is Gold Headed? VOTE NOW!
(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.
Read moreJim Cramer: Gold Should Be ‘Flying’ If Comey News Considered ‘Constitutional Crisis’
(Kitco News) – Despite the surprise move by President Donald Trump to fire FBI head James Comey Tuesday, the gold market is unable to attract any major safe-haven demand.
Read moreGold Firmer On Bullish Daily Outside Markets
(Kitco News) – Gold prices were ending the U.S. day session with moderate gains Wednesday, on a corrective bounce from recent selling pressure that drove prices to a seven-week low Tuesday. The key “outside markets” were in a bullish daily posture for the precious metals markets, as the U.S. dollar index was weaker and crude oil prices were solidly higher. June Comex gold was last up $4.50 an ounce at $1,220.60. July Comex silver was last up $0.138 at $16.205 an ounce.
The Last Time Gold & Dollar Did This, Gold Won – Rick Rule
Investor sentiment towards gold was positive at the Mines & Money conference in New York, and this outlook was shared by one of the speakers of the event.
Read moreGoldman Sachs Keeps ‘Overweight’ View On Commodities
Goldman Sachs has reiterated its view to be “overweight” in commodities as an asset class.
Brio First-Quarter Net Earnings Down From Year Ago
(Kitco News) -Brio Gold Inc. (TSX: BRIO) reports first-quarter net earnings fell to $2.4 million, or 2 cents per share, from $10.4 million, or 45 cents, in the year-ago period.
Read moreArgonaut Gold 1Q Profit Rises On Higher Sales, Prices
(Kitco News) -Argonaut Gold Inc. (TSX: AR) reports a year-on-year jump in first-quarter earnings as both the amount of gold sold and the price rose.
Read moreFranco Nevada Ups Dividend After Profitable Quarter
(Kitco News) -Gold-streaming company Franco Nevada Corp. (NYSE, TSX: FNV) is upping its dividend again after a profitable first quarter.
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