Gold – The Calm Before The Storm
The gold market is hovering within recent ranges to start the week. Quiet trading action, tight range. Don’t get lulled into complacency. The current lackluster action may well be the quiet before the storm.
Read moreNatixis Bearish On Gold But Sees Potential Upside Catalysts
Natixis analysts say they maintain a bearish outlook for gold as markets factor in expectations that the Federal Reserve will hike U.S. interest rates in March
Read moreNot Everyone Is Bullish At PDAC, Gold To Average $1,150 In 2017 – Speaker
(Kitco News) – While there is unmistakable optimism at the first day of the Prospectors and Developers Association of Canada conference, with analysts and mining executives expecting gold and precious metals benefit from the start of a new commodity su…
Read moreYamana Gold Raises C$20.1 Million Through Sale Of More Brio Shares
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) says it has completed a secondary offering of 6 million shares of Brio Gold Inc. at a price of C$3.35 each, for total proceeds of C$20.1 million, to an “arm’s-length” institutional shareholder.
Gold Sees Corrective Rebound To Start Trading Week
Gold prices are modestly higher in early U.S. trading Monday. Short covering in the futures market is featured on this first trading day of the week
Read moreOn to the Next One…
Just when it was time to unpack lighter clothes after the BMO Metals and Mining conference…it’s time to prepare for chillier Toronto temperatures as the PDAC 2017 kicks off this weekend.
Gold Investors To Brood Next Week, Waiting For March Rate Hike
(Kitco News) – Not only is gold ending its four-week winning streak but the market is seeing its worst weekly loss in almost four months and analysts warn that the trend is not likely to change with sky-high expectations of an interest rate hike in les…
Read moreGold Pares Losses As Yellen, In Q&A, Appears to Back-Pedal On March Rate
(Kitco News) – Gold prices are presently trading just slightly lower and have erased much of their earlier losses in early-afternoon dealings Friday.
Read moreGold Sees Little Reaction To Yellen Remarks, Holding At Lower Levels
Gold prices remain moderately lower in early-afternoon dealings Friday, as the market did not show much reaction to prepared comments from Federal Reserve Chair Janet Yellen.
Read moreGold Prices Weak But Off Lows After Yellen Comments Support March Move
(Kitco News) – Gold price remain weak but are off their lows, despite comments from Janet Yellen that highlighted the possibility of an interest rate hike March 15.
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