Where 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 moreGold Pushes Back Above Unchanged As U.S. Dollar Weakens
Gold prices have erased modest losses that occurred in the immediate aftermath of some upbeat U.S. economic data that was released Wednesday morning.
Read moreYellen Repeats Prepared Testimony, Expects Eventual Rate Hikes
Federal Reserve Chair Janet Yellen reiterated her prepared remarks in the second leg of her semiannual congressional testimony Wednesday, saying that interest rates are likely to eventually rise.
Read moreAlamos Gold Announces ‘Positive’ Kirazli Feasibility Study
Alamos Gold Inc. (TSX, NYSE: AGI) says results from a feasibility study on its Kirazli gold project in Turkey were “positive.”
Gold Struggles As CPI Sees Biggest Increase In 4 Years
CPI See Biggest Increase In 4 Years; Gold Struggles
Read moreEmpire State Manufacturing Index Rises To 18.7 In February
The general business index in the Empire State manufacturing survey jumped to a reading of 18.7 this month from 6.5 in January, the New York Federal Reserve said. Gold eased after this and several other major economic reports.
Read moreGold Slips After January U.S. Retail Sales Rise 0.4%
Gold eased after a report showing U.S. retail sales rose by a stronger-than-forecast 0.4% during January. As of 8:32 a.m. EST, Comex April gold was down $2.90 to $1,222.50 an ounce.
Read moreYellen Becoming More Hawkish
Janet Yellen’s more hawkish tone at the Senate banking committee yesterday pushed the dollar higher and gold sold off.
Gold Weakens Following Stronger U.S. Economic Data
Gold prices are just modestly higher in early U.S. trading Wednesday, as some more safe-haven demand is slightly offsetting a stronger U.S. dollar index.
Read morePan American Silver Reverses To 4Q Profit, Hikes Dividend
Pan American Silver Corp. (Nasdaq, TSX: PAAS), the world’s second-largest primary silver producer, reversed to a profit in the fourth quarter as output rose but costs per ounce fell.