Interest Growing In Historic Nova Scotia Mining District
Northeastern Nova Scotia is seeing renewed potential to once again become an important gold district in Canada as Gonzaga Resources (TSX.V: GN) has announced that it has signed a letter of intent to acquire 100% interest in the Goldenville Gold Project…
Read moreYamana Gold Suspends El Peñón Operations Amid Labor Impasse
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) has reached a labor agreement with workers at one of its Chilean mines but has suspended operations at its second-largest mine in anticipation of a strike, officials said.
Read moreU.S. Mint: 15% Increase In First-Day 2017 Gold Bullion Coin Sales
Along with the paper precious metals market, the physical market is off to a good start as the U.S. Mint said it saw strong demand for gold and silver bullion coins on the first day of sales in the new year.
Read moreGold Pulls Back After Hitting 5-Week High Overnight
Gold prices are modestly lower in early U.S. trading Tuesday, on a downside correction after poking to a five-week high in overnight trading.
Read moreMomentum Remains Elusive
Gold continues to trade higher but is struggling to find momentum. Gold, up some 5% from the December lows, is trading inversely to the dollar.
Read moreMultiple Factors Move Gold to Higher Ground
In active trading, gold futures closed higher today at 1183.80 as of 3:15 EST, up approximately $10.50, a net change of almost 9/10 of a percent.
Read moreAll that Glitters… Prince Owned 67 10-Ounce Gold Bars Probate Court Reveals
(Kitco News) – While Prince may not think all that glitters is gold that is not true for his estate as a list of his assets revealed that he owned 67 10-ounce gold bars.
Read moreGold Rallies On Renewed Investor Demand, Weaker U.S. Dollar
Gold prices ended the U.S. day session with good gains Monday, with Comex futures closing at a four-week high close.
Read moreWas 2016 A Dismal Year For Indian Gold Demand?
Circulating reports suggest India, one of the world’s top consuming gold-nations, saw one of its bleakest years on record in 2016, with shipments into the country reportedly dropping by 46% last month — totaling just 56.9 tonnes, as compared to the 106 tonnes Indian buyers brought in during December 2015.
INTL FCStone Sees Potential 2017 Gold Range Of $1,050 To $1,400
Gold could fare better in 2017 than many analysts think due to the potential for further destabilization of the euro and a pick-up in physical demand from low levels in key gold-consuming Asian nations, says INTL FCStone.
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