WGC Says Gold Investor Demand Reaches Historic Levels In H1 2016
Investment gold demand during the first half of the year, which drove prices up 25% on the year, was the strongest seen in more than 30 years, according to the World Gold Council’s second quarter Gold Demand Trends.
Read moreGold Rises On Extended Dollar Weakness While Oil Slides
Sentiment that an interest rate increase is moving farther and farther out on the time horizon continues to throttle back dollar strength. This, in turn, helped gold rise today.
Read moreRECAP: How to trade Gold today
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreGold Firmer, But Off Daily High, As Greenback Sliding
Gold prices ended the U.S. day session modestly higher and well down from the daily high Wednesday. A sharp downturn in the U.S. dollar index at mid-week has helped to boost the precious metals markets. December Comex gold was last up $4.20 an ounce a…
Read moreMichael Phelps Continues To Make History; Total Olympic Medal Haul Valued At $10K
(Kitco News) – American swimmer Michael Phelps continues to make Olympic history, adding more gold medals to his illustrious career spanning four summer games.
Read moreTahoe Resources Reports 2Q Profit; Clayton Named CEO
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO), which acquired Lake Shore Gold in April, reported second-quarter adjusted earnings that topped forecasts and the promotion of Ron Clayton to chief executive officer.
Read moreLonger-Term Silver Chart Shows Bullish Pattern
The silver market has been trending higher all this year, but has seen a pause recently, as depicted on the weekly continuation chart for nearby Comex silver futures.
Read moreFirst Majestic Silver Posts 2Q Profit, Cuts Output, Cost Guidance
First Majestic Silver Corp. (NYSE: AG; TSX: FR) reversed to a profit in the second quarter as silver prices rose and costs fell from the same period a year ago.
Read moreAlamos Gold Reports 2Q Loss But Generates Free-Cash Flow
Alamos Gold Inc. (TSX: AGI; NYSE: AGI) reports a second-quarter loss but generated positive free-cash flow.
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