Alacer Gold Trims Production Guidance For 2016
Alacer Gold Corp. (TSX: ASR; ASX: AQG) has trimmed 2016 production guidance to between 115,000 and 125,000 ounces from the previous forecast of 150,000 to 170,000.
Read moreTrump Candidate for Top Regulatory Post Eyes Big Bank Breakup
Tom Hoenig, a potential Trump candidate for a key banking regulation job, said Monday he supports reinstating a law that would effectively break up the largest financial institutions by separating their investment and commercial divisions.
Read moreThe Times They Are A-Changin
We know we are living in a new world. We know that the political framework in many countries around the world is changing. These changes have created an initial knee-jerk reaction that is now being more quickly digested by investors and traders.
Read moreHedge Funds Shed Gold, Silver Bullish Bets For Third Straight Week; But Is The End Near?
(Kitco News) – For the third consecutive week, hedge funds and money managers shed their bullish gold bets and increased their short exposure, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold Hits 10-Mo. Low But Then Rebounds; Bears May Now Be Exhausted
Gold prices ended the U.S. day session modestly lower and well up from the daily low Monday, after scoring a 10-month low in morning action.
Read moreInvesting in Gold Now Compliant with Sharia Law – “Potential Huge”: WGC
The gold market might now have access to 1.6 billion new buyers. The yellow metal is acceptable for the first time as an investment in Islamic finance.
Read moreCiti Sees 2017 ‘Gold Price Pain Before Gains,’ $1,160 Average
Citi Research looks for gold to come under pressure in 2016, with a full-year average price forecast of $1,160 an ounce, and suggests that platinum group metals could outperform the rest of the precious-metals complex.
Read moreGold Extends Early Losses, Hits Another 10-Month Low
Gold prices are solidly lower and have hit another 10-month low in late-morning dealings Monday.
Read moreIs It Time To Catch The Falling Knife In Gold?
Gold traders are not in a cheery mood this holiday season. Sellers used the overnight bounce in gold, following the Italian “no” vote as the country rejected a spate of constitutional reforms – as a fresh selling opportunity.
Gold Loses More Ground Following Strong Reading In ISM Non-Manufacturing
(Kitco News) – Gold is pushing deeper into negative territory after the release of stronger-than expected U.S. service sector data for November.
Read more