Growing Physical Demand In India And China To Support Gold At $1,200 – UBS
(Kitco News) – While diminishing risk sentiment will continue to weigh on gold in the near-term one bank sees a firm floor at $1,200 an ounce as a further drop in price would spur physical demand.
Read moreGold Extends Early Losses Amid Bearish Outside Markets
(Kitco News) – Gold prices have pushed to a seven-week low in late-morning action Tuesday.
Read moreGFMS: Palladium Prices To Eventually Top Platinum, But Not Yet
(Kitco News) – The GFMS team at Thomson Reuters looks for palladium prices to eventually move above those for sister metal platinum, although analysts expect the latter to hold up for now and rally back above $1,000 an ounce in 2017.
Read moreGold Weaker As Risk Aversion Remains Squelched
(Kitco News) – Gold prices are modestly down in early U.S. trading Tuesday. Risk appetite in the world marketplace remains keener, which is bearish for the safe-haven yellow metal.
Read moreSandstorm Lists 1Q Profit, Record Gold-Equivalent Ounces
(Kitco News) – Streaming and royalty company Sandstorm Gold Ltd. (NYSE MKT: SAND) reports first-quarter net income of $7 million, compared with $13.2 million for the comparable period in 2016.
Read moreHarmony: On Track For Annual Production Guidance
(Kitco News) – Harmony Gold Mining Ltd. (NYSE: HMY; JSE: HAR) says that its annual gold production guidance of 1.05 million ounces for the fiscal year is “well in reach,” with production of 812 000 ounces for the first nine months.
Harmony: On Track For Annual Production Guidance
Harmony Gold Mining Ltd. (NYSE: HMY; JSE: HAR) says that its annual gold production guidance of 1.05 million ounces for the fiscal year is “well in reach,” with production of 812 000 ounces for the first nine months.
Could Silver Have Room To Grow? BofA Shares 2017 Forecast
“Anemic” demand for silver has been restraining the precious metal’s rally, with sustainable levels likely to stay between $15 and $20 an ounce this year, BofA Merrill Lynch Global Research said in a recent report.
SOHN 2017: Commodities Not So Hot…Not Even Gold
One commodity, which stood out at last year’s Sohn Investment Conference, apparently lost its appeal in 2017.
Read moreHold Gold Through Thick And Thin; Another Crisis Is Around The Corner – Murenbeeld
(Kitco News) – Gold prices could have further room to fall ahead of a looming interest rate hike in one month and continued push for President Donald Trump’s tax reforms and deregulation proposals; however, one analyst still sees potential for the metal throughout the year.