Gold Prices Still Positive Following Positive Pending Home Sales Numbers
(Kitco News) – Gold prices remain positive on the day following housing data that shows more consumers started the process of buying a home last month.
Read moreHarmony Reports Fatality At Central Plant
Harmony Gold Mining Co. Ltd. (NYSE: HMY; JSE: HAR) reports that a contractor died in a construction accident at the company’s central plant in Welkom in the Free State Wednesday.
The Gold Market Is A Wildfire Waiting To Happen – GAM
(Kitco News) – One major international global asset management firm says conditions are perfect for gold prices, comparing the market to a potential wildfire that is just waiting for the right spark.
Read moreGold Holding Gains Following Disappointing Durable Goods Orders
(Kitco News) – The gold market remain in positive territory and seeing modest gains, following a weaker than expected reading in U.S. durable goods numbers.
Read moreU.S. Weekly Jobless Claims Fall 3,000 To 258,000
U.S. Weekly Jobless Claims Fall 3,000 To 258,000
Read moreCoeur Mining Posts 3Q Profit, Trims 2016 Cost Guidance
Coeur Mining, Inc. (NYSE: CDE) posted a profit in the third quarter and trimmed its anticipated cost per silver-equivalent ounce for 2016, the company said late Wednesday.
Read moreGold Modestly Up; Better Demand From India Supportive
Gold prices are firmer in early U.S. trading Thursday, lifted in part from reports of improving consumer demand from leading gold importer India ahead of its festival season.
Read moreTrump Will Help Gold – Dennis Gartman
Editor’s Note: With the U.S. elections just eight months away, it is important for investors to now start considering how each presidential candidate could potentially affect their portfolio, particularly their gold investments.
Agnico Eagle 3Q Profit Rises; Output On Pace To Beat Guidance
Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) reported a year-on-year jump in third-quarter earnings late Wednesday, and officials also said they anticipate the company will exceed its production guidance for 2016.
Read moreWeaker Dollar Doesn’t Budge Precious Metals or Oil
A softer greenback was no match for regular trading in dollar-denominated commodities. Gold and silver both fell, although they are off their early lows. Oil is also down, although the fundamental thrust behind oil is complicated right now, which we to…
Read more