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.
TDS: ‘We Still See A Place In Many Portfolios To Hold Gold’
While gold’s performance in the immediate future may hinge on economic data and Federal Reserve rate-hike expectations, analysts with TD Securities
OceanaGold: Audit Says Mine Meeting Philippines’ Permit Requirements
OceanaGold Corp. (TSX, ASX ,NZX: OGC) is upbeat about the future of its operations in the Philippines.
Read moreHecla Expects Most Annual Silver Output In Its 125-Year History
Hecla Mining Co. (NYSE: HL) posted a large jump in silver production during the third quarter and projects the most annual silver output in its 125-year history, the company said Tuesday.
Read moreGold Firmer In Aftermath Of As-Expected U.S. CPI; Outside Mkts Bullish
Gold and silver prices are moderately higher in early U.S. trading Tuesday, following a U.S. inflation report that was in line with market expectations. Short covering in the futures market and perceived value-buying in the cash market are features on…
Read moreGold Holding Overnight Gains Following In-Line Rise In Inflation
(Kitco News) – The gold market is holding overnight gains, living up to its traditional role as an inflation hedge, as prices push higher following a rise in U.S. consumer price pressures.
Read moreYamana Looks To Spin Off Brio Gold As Stand-Alone Company
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) is looking to spin off its Brio Gold subsidiary as a stand-alone producer, officials announced late Monday.
Read moreWorld Stock Markets, Gold Higher; U.S. Inflation Data On Deck
(Kitco News) – Global stock markets were mostly higher Tuesday, ahead of a key U.S.
inflation report due out shortly. The U.S. consumer price index for September is forecast to rise by 0.3%, year-on-year.
Wall Street stock futures point higher as Goldman results, inflation data loom
Stock futures rose Tuesday, as investors readied for inflation data and earnings from several corporate heavyweights such as Goldman Sachs Group Inc.
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