Detour Gold Records Profit In First Quarter
Detour Gold Corp. (TSX: DGC) reports first-quarter net income of $6 million, or 3 cents per share, down from $27.6 million, or 16 cents, in the same period a year ago.
Read moreNew Indian Mobile App Aims To Turn Gold Into Currency
India is making gold trading easier, with its top online payment platform, Paytm, introducing a new mobile app that allows users to buy, store and sell gold digitally and free of charge.
Read moreGold To Remain Below $1,300 In Q2 – Sucden Financial
Gold is likely to trade between $1,225-$1,285 range in the second quarter, unless a geopolitical event triggers additional safe-haven demand, this according to international trading firm, Sucden Financial.
Read moreAgnico Eagle Reports Higher 1Q Profit, Ups Output Guidance
Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) reported a jump in first-quarter net income late Thursday as production rose but costs fell, with officials also upping output guidance for 2017.
Read moreGold Sees Modest Bounce On Bargain Hunting, Short Covering
(Kitco News) – Gold prices were ending the U.S. day session firmer on a corrective rebound from this week’s selling pressure that pushed prices to a two-week low on Wednesday.
Gold Pushes Modestly Up On Bargain Hunting, Short Covering
Gold prices have moved from near steady levels seen in earlier trading to modestly higher in late-morning trading Thursday.
Read moreGold Continues To Ignore U.S. Data; Pending Home Sales Fall 0.8% In March
(Kitco News) – The U.S. housing market could see momentum decline in the summer, as fewer consumers started the process of buying a home last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold Unable To Hold Gains After Optimistic Comments From ECB’s Draghi
(Kitco News) – While the European Central Bank is committed to its bond-purchase program at least to the end of the year, the euro and in turn gold prices saw a brief spike Thursday as the central bank appears to be more optimistic about the economy.
Read moreTeranga Gold Reports Profit In First Quarter
Teranga Gold Corp. (TSX, ASX: TGZ) reports first-quarter gold output was ahead of guidance, helping the company post a profit, although output was down from a year ago.
Read moreOceanaGold Reports Record Output In First Quarter
OceanaGold Corp. (TSX, ASX: OGC) reports a rise in its first-quarter profit on record gold output. Gold production rose to 147,956 ounces from 102,428 in the fourth quarter.
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