Gold’s Support Level To Hold At $1,248 As French Election Looms
Gold prices are taking a step back as geopolitical worries subside and the market awaits more news from the Federal Reserve on Wednesday as well as the run-off results of the French election on Sunday, this according to Brian Lan, managing director at …
Read moreDubai’s DGCX Reports Positive ‘Knock-On Effect’ From Shanghai Gold Futures
The Dubai Gold and Commodities Exchange (DGCX) said that the recently listed DGCX Shanghai Gold Futures Contract (DSGC) had an impressive “knock-on effect” on other gold products in April, this according to a recently published statement.
Kinross Q1 Adjusted Profit Up Slightly Despite Lower Output
Kinross Gold Corp. (TSX: K, NYSE: KGC) late Tuesday reported slightly higher adjusted first-quarter earnings than in the same period a year ago even though output was lower, helped when revenues were boosted by a higher gold price.
Read moreGold Near Steady In Quieter, 2-Sided Trading Session
Gold prices were ending a lackluster U.S. day session near steady levels after hitting a three-week low in earlier trading Tuesday.
Read moreGold Could See Strong Momentum When VIX Moves Off 10-Year Low
(Kitco News) – Investor complacency is at an all-time high as market volatility hovers around the lowest levels seen in more than a decade, according to some analysts.
Read moreAlacer Gold Posts Profit In First Quarter
Alacer Gold Corp. (TSX: ASR; ASX: AQG), which has an 80% interest in the Çöpler Gold Mine in Turkey, lists a first-quarter net profit of $8.7 million, or 3 cents per share.
Guyana Goldfields Reports Rise In 1Q Net Income
Guyana Goldfields Inc. (TSX: GUY) reports net earnings for the first quarter of $9.9 million, or 6 cents per share.
Read moreCenterra Gold’s 1Q Earnings Triple From Year Ago
Centerra Gold Inc. (TSX: CG) announces net earnings of $57 million, or 20 cents per share, on revenues of $285.3 million in the first quarter.
Read moreFXTM’s Otunuga: Gold Decline Below Support Could Entice Further Selling
Gold’s decline through technical-chart support at $1,260 an ounce could open the gate to more weakness, says FXTM Research Analyst Lukman Otunuga.
Gold Slightly Down, At 3-Week Low; New Inputs Awaited
Gold prices are slightly weaker and dropped to a three-week low in early U.S. trading Tuesday.
Read more