Gold, Silver Holding Solid Losses As Midday Approaches
Gold and silver prices remain under firm selling pressure and are trading near their daily lows in late-morning action Tuesday.
Read moreGreat Panther Silver to Acquire Coricancha Mine in Peru
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) announces that it has entered into an agreement with subsidiaries of Nyrstar N.V. to acquire the mothballed Coricancha gold-silver-lead-zinc-copper mine and mill complex (CMC) in Peru.
Read moreCommerzbank: Outflows From Gold ETFs Match Longest Streak Ever
The streak of daily outflows from gold exchange-traded funds has matched the longest ever, says Commerzbank.
Read moreGold Down, Silver Hits 8-Mo. Low, Amid Strong Greenback
Gold prices are lower and trading not far above last week’s 10-month low, while silver futures have notched a fresh eight-month low in early U.S. trading Tuesday.
Yield Disparity Continues To Hurt Gold
Metals are again on the defensive as the dollar runs to multi-year highs.
Read moreWhat A Long, Strange Road It’s Been
Read moreGold Sees Modest Short-Covering Bounce In A Bear Market
(Kitco News) – Gold prices were ending the U.S. day session a bit firmer on some more short-covering in the futures market and perceived bargain-hunting in the cash market after hitting a 10-month low late last week. The precious metals bulls are still spooked by the recent powerful rally in the U.S. dollar index that last week hit a 13-year high. February Comex gold was last up $4.60 an ounce at $1,141.90. March Comex silver was last down $0.14 at $16.075 an ounce.
GOLD & SILVER OUTLOOK – Just In Time For the Holidays
On Friday, we launched our Outlook 2017: Year of the Raging Bull? It will be chock-full of outlooks and videos, so be sure to stay tuned. But, there is one outlook that you will not want to miss out on!
LBMA Looking For Feedback For Its New Precious Metals Code
(Kitco News) – In an effort to instill more confidence and promote stronger ethics and transparency in the precious metals market, the London Bullion Market Association (LBMA) is reaching out to market players for some ideas and feedback.
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