Treasury Bonds Yields Nearing 52-Week Highs as Comex Gold Falls Below 50-Day Moving Average
Last week, was a week without new highs for the five major equity averages, as the focus shifts to the “Ides of March” as the Federal Reserve sets to raise the federal funds rate to 1.00%. The sideways action left Dow transports and Russell 2000 with n…
Read moreEcuador Sees $3 Billion Flowing Into Mining Sector With Three Years
(Kitco News) – After only two years of promotions, Ecuador has made strong progress in establishing itself as a mining destination, according to the country’s Minister of Mining.
High Expectations For Gold To Rally After Fed Next Week
(Kitco News) – The saying ‘three times a charm’ may apply to the gold market next week as some analysts say the metal may be setting itself up for a decent rally following a Fed rate hike.
Wall St. Bullish, Main St. Leans Bearish On Gold Next Week
Wall Street and Main Street have flip-flopped their short-term views on gold for next week, when the Federal Open Market Committee is expected to hike U.S. interest rates.
Read moreAnalysts: Jobs Data Maintain Expectation For U.S. Rate Hike
Analysts and economists say a strong U.S. jobs report does nothing to change the market view that the Federal Open Market Committee will hike U.S. interest rates next week.
Read moreIf You’re Long Gold, Don’t Worry For Now – ICBC’s Tom Kendall
Next week’s potential U.S. rate hike continues to be an overhang on the gold market, but according to one precious-metals analyst, the metal might have fully priced it in.
Gold Down, At 5-Wk Low; U.S. Jobs Data Not A Markets-Mover
old and silver prices are modestly lower in early U.S. trading Friday. Both markets notched new five-week lows overnight.
Read moreGold Pushes Above $1,200 Following 235K Rise In U.S. Employment
(Kitco News) – Gold prices continue to hovering around the $1,200 an ounce, a key support area for some technical analysts, as the U.S. economy created more jobs than expected in February.
Read moreTahoe Reports Profit, Record Gold Output In 4Q
Tahoe Resources Inc. (TSX: THO; NYSE: TAHO), which became a larger company last year with the acquisition of Lake Shore Gold Corp., reports fourth-quarter earnings of $0.3 million
Read moreMining Crowdfunding Celebrates One Year, Sector Finance Still Uneven – Executive
(Kitco News) – It’s been one year since the launch of Canada’s first regulated equity crowdfunding platform for the mining sector and the creators behind it said that its growth, while slow, has been consistent.