McEwen Mining Posts Net Profit In Second Quarter
McEwen Mining Inc. (NYSE, TSX: MUX) lists net income of $8.4 million, or 3 cents per share, in the second quarter. This is a turnaround from a net loss of $14.1 million, or 5 cents, in the same period a year ago.
Read moreGold Sheds Overnight Losses Following BOE Rate Cut
The Bank of England held its regular monetary policy meeting Thursday and cut its main interest rate by 0.25%, to 0.25%– the first rate cut since March of 2009.
Read moreWait, Gold is up 27% YTD – Think About That A Minute – Nick Colas
Despite gold prices ending the U.S. day session moderately lower Wednesday, the metal is up 27% year to date.
Read moreWhy Bill Gross Prefers Gold Over Stocks, Bonds Right Now
More fixed-income experts seem to be jumping on the gold bandwagon with PIMCO co-founder Bill Gross being the latest to say he prefers gold over other asset classes.
Read moreGold Down On Profit-Taking, Rebound In U.S. Dollar Index
Gold prices ended the U.S. day session moderately lower Wednesday, on profit taking and a corrective pullback from recent gains that pushed prices to a three-week high Tuesday.
Read moreInvestors Beware! Gold Has Seen Its Peak – RBC
Despite gold’s stellar performance this year and the risks surrounding financial markets, analysts from one bank think the metal’s 2016 rally may be coming to an end.
Vote 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 Extends Early Losses As Midday Approaches
Gold prices are trading moderately lower and have extended early losses in late-morning action Wednesday.
Read moreGold Market Ignores Relatively Inline ISM Nonmanufacturing Data
(Kitco News) – Gold prices remain under pressure but are holding steady after a slightly weaker-than-expected reading on the health of the service sector, according to the latest data from the Institute for Supply Management (ISM).
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