Gold, Silver See New Bearish Element: Slumping Crude Oil Prices
Gold and silver futures markets were ending the U.S. day session lower Thursday, as their price downdrafts continue.
Read moreGold Falls To One-Month Low Against Euro On Comments From ECB’s Draghi
(Kitco News) – Safe-haven gold demand in Europe has been a key support for the market since the start of the year; however, gold priced in euro terms are falling Thursday following optimistic, yet tempered, comments from European Central Bank Presiden…
Read moreWPIC Projects 120,000-Ounce Platinum-Supply Deficit In 2017
The World Platinum Investment Council Thursday put its estimated supply deficit for the platinum market at 120,000 ounces for 2017, which would be the sixth consecutive year that global consumption outstrips supply.
Read moreCorrection: Attendance, Sentiment Up At World’s Largest Mining Conference
(Kitco News) – Not only was there a growing sense of optimism felt throughout the Prospectors & Developers Association of Canada’s (PDAC) 2017 convention, but interest is flowing back into the commodity space as attendance increased from last year.
Gold Remains Softer After Weekly Jobless Claims Rise 20,000 To 243,000
Gold Remains Softer After Weekly Jobless Claims Rise 20,000 To 243,000
Read moreGold, Silver Weaker Amid Tailspin In Crude Oil Prices
Gold and silver prices are modestly lower and hit five-week lows in early U.S. trading Thursday.
Read moreTimmins Gold Reverses To 4Q Profit
Timmins Gold Corp. (TSX: TMM, NYSE MKT: TGD) reports fourth-quarter earnings of $6 million, or 2 cents per share, a turnaround from a loss of $9.5 million, or 14 cents, in the same period a year earlier.
Read moreECB Leaves Rates Unchanged; Markets Await Draghi Comments
(Kitco News) – As expected the European Central Bank left interest rates unchanged Thursday
Read moreWhere is Gold Headed? VOTE NOW!
(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.
Read moreOminous Chart Development In Crude Oil Is Also Bearish News For Precious Metals
There was a significantly bearish technical development in the Nymex crude oil futures market Wednesday.
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