Event-driven Rallies Rarely Last; Gold Up Against Major Headwinds – RBC’s Gero
Citi Research describes the gold-silver ratio as “elevated” even though it has narrowed since the start of the year.
2 Triggers That Could Shoot Gold Through $1,268
The gold market softened modestly in overnight and pre-market action in the U.S. Gold bulls took a run at the key $1,268 zone last week, but failed to close above it.
Read moreCentamin: 1Q Output Declines As Expected; Guidance Maintained
Centamin Plc. (TSX: CEE; LSE: CEY) reports that fist-quarter production fell at its Sukari Gold Mine in Egypt, as expected, due to a lower grade.
Read moreRed Eagle Declares Commercial Production At San Ramon
Red Eagle Mining (TSX: R) reports that commercial production was declared at the San Ramon Gold Mine on March 31.
Read moreGoldcorp Completes Sale Of Los Filos Mine To Leagold
Goldcorp Inc. (TSX: G, NYSE: GG) has completed the previously announced sale of its Los Filos Mine in Mexico to Leagold Mining Corp. (
Read moreGold Down On Corrective Pullback From Recent Gains
Gold prices are moderately lower on profit-taking from the shorter-term futures traders and on a downside technical correction from recent good gains that pushed prices to a five-month high last Friday.
Read moreCentamin: 1Q Output Declines As Expected; Guidance Maintained
Centamin Plc. (TSX: CEE; LSE: CEY) reports that fist-quarter production fell at its Sukari Gold Mine in Egypt, as expected, due to a lower grade.
Read moreFlorida ‘Boutique’ Linked To South American Gold Smuggling Plot – Report
A posh boutique in Florida has been linked to the same gold smuggling plot as the three former NTR Metals’ employees, Bloomberg reported.
India’s Gold Imports Down 24% In 2016-17 Fiscal Year
Indian gold imports dropped 24% during the 2016-17 fiscal year (FY), according to the latest data released by the Ministry of Commerce and Industry.
Read moreGold, Silver Bulls Fade Badly Down The Stretch Friday
The gold and silver bulls stumbled hard in late U.S. trading Friday, after both metals scored solid gains in early trading. Gold scored a five-month high of $1,273.30, while silver scored a four-week high of $18.49.
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