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Gold Ends Choppy Session A Bit Weaker On Profit Taking

Gold prices ended the U.S. day session modestly lower Thursday, on some mild profit-taking after recent gains pushed the market to a three-week high earlier today.

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Geologist Behind Fruta Del Norte Now Looking For Two ‘Lost Cities Of Gold’ In Ecuador

(Kitco News) – The geologist behind Lundin Gold’s Fruta del Norte, a nearly 5 million ounce gold project, is heading back into the Ecuadorian juggles to find potentially two “Lost Cities of Gold.”

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Mining Groups Welcome Measures In Proposed Canadian Budget

Two Canadian mining organizations are welcoming a number of planned investments included in the country’s proposed budget that was announced Wednesday.

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Gold Slips Back Below Unchanged In Choppy Trading

Gold prices have visited the plus and minus columns so far Wednesday, in choppy, quieter trading.

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Gold Sees Some Profit Taking After 6.1% Rise In February New Home Sales

(Kitco News) – Gold prices are in modestly negative territory but still holding near its three-week highs following strong gains in new home sales.

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Commerzbank: ETF Gold Holdings Up Nearly 9 Tonnes Over Last Two Days

Global gold exchange-traded funds recorded inflows for the second straight day Wednesday, with inflows over the past two days totaling nearly 9 tonnes, Commerzbank says.

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Gold Pushes Above Unchanged As Traders Once Again “Buy The Dip”

old prices have erased modest early losses, are trading firmer and have hit a three-week high in morning U.S. dealings Wednesday.

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Gold Steady As U.S. Weekly Jobless Claims Up 15,000 To 258,000

Gold prices were nearly steady after a report showing that initial weekly U.S. jobless claims rose by 15,000 to a seasonally adjusted 258,000 in the week to Saturday. Comex April gold was last down 40 cents to $1,249.30 an ounce.

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Franco-Nevada Reports 4Q Adjusted Profit, Record GEOs

Detour Gold Corp. (TSX: DGC) has updated the life-of-mine plan for its Detour Lake operation, increasing the projected life to approximately 23 years.

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Gold Sees Mild Profit Taking; U.S. House Vote Awaited

Gold prices are modestly lower in early U.S. trading Thursday, on some mild profit-taking after recent gains pushed the market to a three-week high Wednesday.

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