Wall St. Bearish On Gold On Higher U.S. Rate-Hike Expectations
Expectations for U.S. interest rates did an about-face this week, and so did the outlook for gold among Wall Street traders and analysts in the weekly Kitco News gold survey.
Read moreThe Digital Revolution Begins, Five Finalists For #Disrupt Mining At PDAC 2017
(Kitco News) – Once again the ongoing technical revolution will be in the spotlight at the Prospectors and Developers Association of Canada conference as Goldcorp and Integra Gold highlight the five finalists of their #DisruptMining Campaign.
Read moreGold Remains Under Pressure Following U.S. ISM Service-Sector Data
(Kitco News) – Gold prices continue to struggle near their two-week lows as the U.S. service sector shows a pickup in momentum, according to the latest data from the Institute for Supply Management (ISM).
Read morePhoenix’s Grady: Open-Interest Data Hint Shorts Entered Gold
A rise in the number of open positions in Comex gold futures as of the end of business on Thursday, when prices fell, is a bearish sign for the gold market, says Kevin Grady, president of Phoenix Futures and Options LLC.
Read moreGold Down, Hits 2-Week Low; Yellen On Deck
Gold prices are modestly lower and scored a two-week low in early U.S. trading Friday.
Read moreIamgold Announces Launch Of $500 Million Notes Offering
Iamgold Corp. (TSX: IMG; NYSE: IAG) announces that it has commenced an offering of $500 million of senior notes due in 2025.
Read moreWeaker U.S. Dollar To Boost Gold To $1,300… Just Not Now – ABN AMRO
(Kitco News) – Gold has ended its worst day since Dec. 15, but one international bank remains bullish on the yellow metal, expecting prices to stabilize through 2017 as the U.S. dollar weakens.
Read moreGold Solidly Down On Likely U.S. Rate Hike Soon, Bearish Outside Mkts
Gold prices were ending the U.S. day session solidly lower Thursday, on heavy profit-taking from the shorter-term futures traders after prices Monday hit a 3.5-mongh high.
Read moreThree Factors That Could Drive Gold 15% Higher – Crossborder Capital
(Kitco News) – Although markets are expecting the Federal Reserve to raise interest rates three times this year, starting as early as March, one research firm says there are three factors converging together to create the perfect storm for the gold ma…
Read moreO Canada: Top Mining Nation In The World – Fraser Institute
(Kitco News) – With only a few days to go before the start of the Prospectors and Developers Association of Canada conference, Canada has once again earned bragging rights for being the top mining nation in the world, according to a Canadian-based thi…
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