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VanDoorselaere Named COO Of First Majestic Silver

Dustin VanDoorselaere has been promoted to chief operating officer of First Majestic Silver Corp. (TSX: FR; NYSE: AG) starting Wednesday, the company says.

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Gold Weaker On Profit Taking; Trump Speech Awaited

Gold prices are modestly lower in early U.S. trading Tuesday, on a normal corrective, profit-taking pullback after prices Monday scored a 3.5-mongh high.

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Traders Accumulate Large Positions in SPDR Gold Trust Options

(Kitco News) -One of CNBC’s Halftime Reports today was titled, “Bulls Rush Into Gold.” In this report, traders John and Pete Najarian spoke about the unusual activity in gold trust options.

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CORRECTION: Australia Sees Gold Production Of 298 Tonnes, Highest In 17 Years

(Kitco News) – The world’s second biggest gold producing nation, Australia, saw its highest production levels in more than 17 years last year, according to data compiled by mining consultancy firm Surbirton Associates.

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Gold Up, Hits 3.5-Mo. High, As Traders Buy The Overnight Dip

Gold prices ended the U.S. day session with decent gains and scored another 3.5-month high Monday. Silver prices also hit a 3.5-month high.

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Hedge Fund Gold Buying Pushes Speculative Interest To 11-Week High

(Kitco News) – Geopolitical concerns in Europe and the U.S. have prompted hedge funds to jump back into the gold market according to the latest trade data from the Commodity futures trading commission.

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Gold Pushes Above Unchanged As Traders Once Again “Buy The Dip”

Gold prices are trading modestly higher in late-morning dealings Monday.

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Gold Prices Hit New Session Highs Following Drop In Pending Home Sales

(Kitco News) – Gold prices continue to hold around unchanged levels on the day, following data that point to weaker U.S. home sales in the next few months.

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Commerzbank: Gold Underpinned By Political Issues; ETF Holdings Rise

Gold remains well supported by worries about political risk around the globe, with holdings of the precious metal by global exchange-traded funds rising some 10 tonnes last week, says Commerzbank.

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Triangle Warns Of Minor Pullback In Gold

Gold prices are pressing lower in consolidative trade early on Monday within a potential triangle pattern on the 60-minute chart.

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