China’s Gold Imports Surge 65% As Production Falls 9% In Q1
Chinese gold imports jumped 64.5% on an annual basis in Q1 2017, while the production of the yellow metal tumbled 9.3%, as the world’s top gold producer and consumer phased out older production facilities and miners faced lower gold prices, this according to a statement released by the China Gold Association (CGA).
SPDR GLD Gold Holdings Rise More Than 21 Tonnes In April
SPDR Gold Shares (NYSE: GLD), the world’s largest physical gold ETF, added 21 tonnes of gold in April, following an outflow of 9 tonnes in March.
U.S. Mint Gold, Silver Bullion Sales Down More Than 50% So Far This Year
(Kitco News) – A more than 3% rally in gold that helped push prices to a five-month high last month created a significant drag on U.S. Mint coin sales.
Read moreGold Slumps To 3-Week Low As U.S. Equities Continue To Climb
Gold prices were ending the U.S. day session lower and scored a three-week low Monday.
Read moreHedge Funds Buy Gold For Sixth Straight Week But Demand Is Cooling – Analysts
(Kitco News) – Hedge funds continued to buy gold for the sixth consecutive week despite the market’s recent failure to break above $1,300 an ounce and diminished “risk-off” investor sentiment.
Gold Prices See Modest Rise Following Miss In ISM Manufacturing Index
(Kitco News) – Gold prices are see a modest boost Monday following a drop in momentum in the U.S. manufacturing sector, according to the latest data from the Institute for Supply Management (ISM).
Read moreStandard: Gold To Consolidate, Tracking Treasury Market
Standard Chartered looks for gold prices to consolidate in the foreseeable future
Read moreGold Hunkers Down In “Wait And See Mode”
Gold prices slid slightly lower in pre-market trading Monday.
Read moreGold Weaker As Risk Aversion Remains Dampened
Gold and silver prices are modestly lower in early U.S. trading Monday.
Read morePretium Resources: Commissioning Under Way At Brucejack Mine
Pretium Resources Inc. (TSX, NYSE: PVG) reports that wet commissioning is nearing completion at its Brucejack Mine in northern British Columbia.
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