Wall Street, Main Street Look For Gold Rally To Continue
Wall Street and Main Street are once again on the same page, looking for gold prices to rise next week, particularly after softer-than-forecast U.S. reports Friday on retail sales and the Producer Price Index.
Read moreStay Focused on the New Miner Bull and Tune Out the Noise
In my nearly fifteen years of following the precious metal miner sector I have witnessed countless failed and completely outlandish predictions by so-called gold gurus and gold bashers alike.
Read moreCredit Suisse Reiterates Forecast Of $1,475 Gold In 4Q
Credit Suisse has reiterated its late-June outlook that gold will rise to $1,475 in the fourth quarter.
Read moreGold Rallies On Weak U.S. Economic Data
Gold prices have pushed above unchanged in early U.S. trading Friday, after being under modest selling pressure overnight.
Read moreGold Jumps Following Weaker Than Expected Retail Sales Data
(Kitco News) – Gold prices jumped into positive territory following weaker than expected retail sales data for July.
Read moreGold Awaiting Today’s Data
Gold continues to struggle, as it tries to hold on to the $1,338 level against the backdrop of stronger equity values and a stable dollar. Fed speak yesterday again urged an increase in rates, which put the lid on gold’s early- morning advance.
Gold Struggling Ahead of U.S. Retail Sales Numbers
World stock markets were mostly higher overnight, following the record-high closes in all three major U.S. stock indexes on Thursday.
Read moreTimmins Lists Higher 2Q Earnings, OKs Ana Paula Pre-Construction Program
Timmins Gold Corp. (TSX: TMM; NYSE MKT: TGD) reports sharply higher second-quarter earnings, plans to extend operations at the San Francisco mine and a pre-construction program for the Ana Paula project.
Read morePan American Silver Posts 2Q Profit, Reduces Cost Guidance For 2016
Pan American Silver Corp. (Nasdaq:PAAS; TSX: PAA), one of the world’s largest primary silver producers, posted a profit in the second quarter as the company slashed production costs, in turn prompting officials to trim cost guidance for the full year.
Gold Tries to Escape Tug of Stronger Dollar and Equities
For most of the day, seeking firmer fundamental trading direction and finding little to none, gold found itself at the mercy of a slightly more robust U.S. dollar. As we reached the end of the trading day, though, gold succumbed to regular trading dec…
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