Detour Gold Further Trims Debt From Existing Cash Balance
Detour Gold Corp. (TSX: DGC) has trimmed its debt by using existing cash, reporting that the company repurchased $60 million of convertible notes for an aggregate purchase price
Read moreBBH: Odds Of Autumn Rate Hike Still Low Despite Hawkish Fed Comments
Financial markets have increased the odds of a Federal Open Market Committee rate hike this year, although the probability at the September and November meetings remains low, says Brown Brothers Harriman.
Read moreMoney Managers Trim Bullish Positioning In Gold, Silver – CFTC Data
Large speculators scaled back their bullish positioning in gold and silver futures during the most recent weekly reporting period for data compiled by the Commodity Futures Trading Commission.
Read moreGold, Silver Pressured By Bearish Outside Markets
Gold prices are down and hit a two-week low in early U.S. trading Monday.
Read moreGold Down Amid Bearish Outside Markets
Nymex crude oil futures prices are lower today on profit taking and a corrective pullback after hitting a six-week high on Friday.
Read moreThin Markets And Fed Blabber Conflict Gold Sentiment
Gold remains conflicted by the ongoing dialogue surrounding the next increase in Fed rates.
Read moreDollar Rises On SF Fed Chatter Pulling Gold Down
While we have to take seriously any statement from Federal Reserve regional bank presidents, not all comments are equal because not all Fed presidents are equal.
Read moreOlympic Drama and Not-so Happy Meals
You know markets were dull when Ryan Lotche – and not the Fed – dominates the chatter on the street.
Gold Bears Can’t Commit Just Yet, Not Until Jackson Hole – Analysts
For the second week, gold has been caught in a narrow range and analysts expect more of the, at least until markets hear what Fed Chair Janet Yellen has to say in Jackson Hole.
Read moreWall Street Split On Gold Prices; Main Street Expects Higher
Wall Street analysts are nearly evenly split on gold for next week, while Main Street remains bullish, based on a pair of Kitco News weekly surveys.
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