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.
Read moreNew Week, New Direction for Gold
Gold is up today, winning a few dollars from both dollar weakness and regular trading. It may not be time to break out the champagne, fundamentally speaking, but the week is off to a good start for gold bulls. At 4PM, spot gold is up around $4.00.
Read moreHigher Bond Yields Won’t Dim Gold’s Luster – Analysts
(Kitco News) – Higher global bond yields might not be a major hurdle for the gold market as analysts say there are other factors that still make the yellow metal attractive.
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