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Gold, Silver See Downside Technical Corrections

Gold and silver prices are moderately lower in early U.S. trading Wednesday.

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Kirkland Lake Gold Initiatives Dividend Policy

Kirkland Lake Gold (TSX: KL) reports a profitable 2016 and initiation of a dividend policy.

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Rhodium Outshining Precious Metals, Up 30%; Analysts Warn Of Volatile Market

(Kitco News) – Rhodium is gaining renewed market attention as some spot exchanges show prices have pushed above $1,000 an ounce, its highest level since June 2015.

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Gold Weaker On Profit Taking And On Rebounds In Equities, U.S. Dollar

Gold prices ended a choppy, two-sided trading session slightly lower Tuesday.

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Gold Holding Near 1-Month Highs Despite Massive Jump in Consumer Confidence

(Kitco News) – The gold market is shaking off a massive rise in U.S. consumer confidence as prices hold near their one-month highs.

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CPM Group Eyes Gold at $1,300 as Market Sees Return of the Investor

New York – For the gold market, 2016 marked the return of the “opportunistic generalist investor” – or more simply, the short-term-focused gold enthusiast who previously exited the market in late 2011 and early 2012.

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INTL FCStone: ‘Gold Should Hold Up Fairly Well Short Term’

The recent rally in precious metals has stalled after all but platinum rose on Monday.

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Randgold Proposes Increased Dividend For 2016

Randgold Resources (LSE: RRS; Nasdaq: GOLD), in its annual 2016 report, says the board of directors intends for a 52% year-on-year increase in the dividend to $1 per share for the 2016 financial year.

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Gold, Silver Firmer; Bulls Still Have Technical Momentum

Gold and silver prices are trading near steady as the markets take a breather after notching multi-week highs Monday.

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‘Black Swan Political Event Could Trigger $1,300 Levels in Gold’ – ANZ’s Senior Strategist

Any unexpected and significant political event could trigger $1,300 price levels in gold, Daniel Hynes, senior commodity strategist at ANZ, told Kitco News in an interview.

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