Kirkland Lake, Newmarket Shareholders Approve Merger
Kirkland Lake Gold Inc. (TSX: KLG) and Newmarket Gold Inc. (TSX: NMI) report that shareholders of both companies voted in favor of a previously announced merger agreement that creates a mid-tier gold company.
Read moreWatch The Dollar For Gold’s Next Leg
Gold’s sensitivity to the recent dollar strength was evident overnight, as gold surged to almost $1,200 on weakness of the dollar and some retracement in the U.S. yield curve.
REFILE: Indian Gold Import Ban: Fact or Fiction?
Prime Minister Narendra Modi’s move to ban 500 and 1,000 rupee notes caught the country by surprise, with many Indians now looking to liquidate their stockpiles of cash. Internet chatter is now a flurry, with some wondering whether the government&rs…
Read moreWelcome to Trump-Land
As I awoke just following a joyful and quiet Thanksgiving holiday, I quickly realized that we are still under the effect of our presidential election which occurred roughly 3 weeks ago,
Read more4 Excuses To Sell Gold: Have You Fallen Into The Selling Trap?
Nov. 25 – I’m sure you’ve noticed. Everyone is dumping gold right now.
How Will the Indian Gov’t Affect Gold Demand? – Metals Focus
Analysts are looking for recent gold pressure to trigger physical demand, especially from gold-buying nations like India, however, according to one research firm, recent efforts by the Indian government may actually curtail any bullion demand.
Read moreGold Market Waiting On Physical Demand; Will Price Dip Be The Trigger?
Gold traders will be watching next week to see if the recent slide in gold prices sparks increased physical demand in key Asian gold-buying nations.
Read moreWall St. Sees Gold Bounce; Main St. Sees More Weakness
Wall Street looks for gold to recover next week, while Main Street is bearish, according to the weekly Kitco News gold survey.
Read moreGold Moves Above Unchanged On Mild Short Covering, Bargain Hunting
Gold prices have erased modest overnight losses to trade steady to slightly higher in U.S. morning dealings Friday.
Read moreGold Sinks To 10-Month Low Amid Risk-On Attitudes, Chart-Based Selling
Gold prices are modestly lower and hit a 10-month low in early U.S. trading Friday.
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