Gold Falls In Canadian Market Following Downgrade From BOC
(Kitco News) – Gold prices in Canadian dollar terms are losing some recent gains after the Bank of Canada left its overnight interest rate at 0.50%.
Read moreB2Gold: Philippine Audit Findings Consistent With Action Plan
B2Gold Corp. (TSX: BTO; NYSE MKT: BTG; NAMIBIAN: B2G) reports that issues raised by the Philippines government for the Masbate gold project are “broadly consistent” with an action plan that has already been developed.
Gold Prices Holding Gains Following Mixed Housing Data
(Kitco News) – Gold prices continue to hold on to recent gains and remain near a two-week high following mixed U.S. housing market data.
Read moreLBMA Attendees See $1,347/Oz Gold In One Year
Gold will rise to $1,347 an ounce during the next year, according to a poll of attendees after the London Bullion Market Association’s annual conference in Singapore this week.
Although Modestly, Gold Breaks Out Of Recent Range
Heavy conference schedule for me and I generally do not write a trading commentary when off the desk.
Read moreGold Up, Hits 2-Week High; Technical Buying Featured
Gold prices are moderately up and scored a two-week high in early U.S. trading Wednesday.
Read moreIn Mexico’s Murder Capital, Signs of Gold Rush Are Emerging
In Mexico’s Guerrero state, a lot is hidden in the dirt, secrets both gruesome and wonderful. The unmarked graves that dot the rolling hillsides give Guerrero its moniker as Mexico’s murder capital. But there’s gold here, too — lots of gold.
Dollar Mixed, Gold Rises, Equities Move Up
The euro was down a hair against the U.S. dollar. The yen and British pound were up. It’s no surprise there should be conflicted signals among trading trends given the mixed messages coming out of the Fed.
Gold Up On More Short Covering, Value Buying
Gold and silver prices ended the U.S. day session moderately higher Tuesday. Short covering in the futures market and perceived value-buying in the cash market were featured today.
Read moreChinese Gold Demand To Remain Firm In 2017 WGC
(Kitco News) – One of the world’s largest gold-consuming nations is expected to see firm bullion demand this year and the next, according to one regional director of the World Gold Council.