Franco Nevada Ups Dividend After Profitable Quarter
Gold-streaming company Franco Nevada Corp. (NYSE, TSX: FNV) is upping its dividend again after a profitable first quarter. The company declared a quarterly dividend of 23 cents per share, up from 22 cents previously.
Read moreGold Rebounds On Bullish Daily Posture Of Outside Markets
(Kitco News) – Gold prices are firmer in early U.S. trading Wednesday, on a corrective bounce from recent selling pressure that drove prices to a seven-week low Tuesday. The key “outside markets” are in a bullish daily posture for the precious metals markets, as the U.S. dollar index is weaker and crude oil prices are higher. June Comex gold was last up $6.10 an ounce at $1,222.30. July Comex silver was last up $0.153 at $16.22 an ounce.
All That’s Gold May Not Glitter
Editor’s Note: Veteran trader Todd “Bubba” Horwitz will be bringing his insights and tell-it-like it is attitude to Kitco News every morning as part of a guest series on kitco.com. Wake up to Bubba and get what you need for your metal mornings!
Read moreWill Gold Hold Up Under Pressure? Veteran Trader Points To A Comeback
As gold prices continue to face the heavy pressure of a risk-on environment, one veteran trader is not worried about the yellow metal’s future demand.
VIX Hits Multi-Decade Low But A Reversal May Be In Order – Bloomberg Intelligence
As the volatility (VIX) index, also known as the market’s “fear gauge,” dropped to its lowest level since 1993 this week, one expert said a reversal may be in order — a move that could be great for gold.
Pan American Silver Q1 Earnings Helped By Higher Prices
Pan American Silver Corp. (Nasdaq, TSX: PAAS), one of the world’s second-largest primary silver producers, reported a jump in first-quarter profitability even though output of precious metals declined modestly from a year ago.
Iamgold Flips To Adjusted Q1 Profit On Higher Output, Prices
Iamgold Corp. (TSX: IMG; NYSE: IAG) reversed to an adjusted profit in the first quarter as output and gold prices both rose.
Read moreSilver Wheaton First-Quarter Profit Rises From Year Ago
Silver Wheaton Corp. (TSX, NYSE: SLW) posted a higher profit in the first quarter, as gold production rose and metals prices were higher than in the same period a year ago, the company announced late Tuesday.
Read moreStrong Bullion Demand Drives RCM 2016 Profits
(Kitco News) – Near historic bullion demand and higher prices helped the Royal Canadian Mint see its highest profits in at least four years, according to its 2016 earnings report.
Read moreGold Down, Hits 7-Week Low, On Bearish Outside Market Forces
(Kitco News) – Gold prices were ending the U.S. day session down and scored a seven-week low Tuesday. Risk appetite in the world marketplace remains keener early this week, which is bearish for the safe-haven yellow metal.
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