Gold, Silver Slightly Weaker On Mild Profit Taking
Gold and silver prices are trading just a bit lower in early U.S. trading Wednesday, on some profit-taking pressure from recent good gains.
Read moreVenezuelan Illegal Gold Mining Brings Death, Disease And Deforestation
Economic crisis and food shortages in Venezuela have forced tens of thousands of people to turn to illegal gold mining, leading to increased number of deaths and diseases, more violence and deforestation.
Read moreShort-Term Outlook: Analysts Eyeing $1,265-$1,300 Gold Levels
As gold neared three-week highs on Tuesday, analysts were projecting that the yellow-metal could shortly beat its February high of $1,264.90.
Read moreSilver Wheaton Reports Higher Adjusted Profit, Dividend, Plans Name Change
Silver Wheaton Corp. (TSX, NYSE: SLW) late Tuesday announced record revenue for 2016, a rise in fourth-quarter and 2016 adjusted earnings, and a planned name change.
Read moreGold Pushes To 3-Wk High On Safe-Haven Demand, Slumping U.S. Dollar
Gold prices ended the U.S. day session with good gains and scored a three-week high Tuesday.
Read moreMajors Need To Find Partners To Develop New Gold Reserves – Mining Executive
(Kitco News) – During the five-year bear market, majors slashed their exploration budgets, which has now created a great environment for junior exploration companies with defined projects, according to one mining executive.
Read moreCiti Upgrades 2Q Gold Forecast But Sees Dip In 2H
Citi Research upped its second-quarter gold forecast Tuesday due to signs the Federal Open Market Committee is not increasing the pace of rate hikes and also because of pending European elections, although the bank still looks for the metal to fall ba…
Read moreBMO Sees Less Enthusiasm For Gold Ahead Of Two More Rate Hikes
(Kitco News) – One Canadian bank is not too optimistic that prices can push much higher as they see gold trading in a relatively tight range ahead of two more U.S. rate hikes later this year.
Read moreGold Pushes Higher As U.S. Dollar Under More Pressure
Gold prices are trading modestly higher and near their session highs in late-morning action Tuesday.
Read moreFXTM: Gold May Tick Higher, Then Lower Based On Dollar
Gold could blip higher in the short term but then ease again, says FXTM research analyst Lukman Otunuga.
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