Gold Recap
I was bombarded by emails asking if I had turned bearish. I read through my brief commentary this morning, a few times, but could not discern that tone.
Read moreGold Ends 2-week Losing Streak As GDP ‘Screams’ No Rate Hikes – Analysts
The gold market may have unlimited potential as bad news has been unable to drag prices lower, according to some analysts.
Read moreWall Street, Main Street Look For Gold Rally To Continue
Wall Street and Main Street are both bullish on gold next week, particularly after a softer-than-forecast report on growth in U.S. gross domestic product that was released on Friday.
Read morePrice Future Group’s Flynn: U.S. GDP Bodes Well For Gold
The softer-than-forecast U.S. report on second-quarter gross domestic product is supportive for gold, says Phil Flynn, senior market analyst with at Price Futures Group. GDP growth was revised to 1.2% when analysts were looking for 2.6%. Around 10 a.m….
Read moreHSBC: Silver To Remain Strong In 2H; Upper End Of Range At $21.50
HSBC looks for silver prices to remain well bid in the second half of the year, projecting the upper end of the metal’s trading range at $21.50 an ounce.
Gold Extends Early Gains As U.S. Dollar Index Hammered Lower
Gold prices saw a modest boost after a much-weaker-than-expected U.S. GDP report, but then those gains were extended when the U.S. dollar index slumped to sharply lower levels on the day and hit a nearly four-week low.
Read moreWeak U.S. GDP Report Gives Modest Boost To Gold Market
Gold prices are firmer in early U.S. trading Friday, after a much-weaker-than-expected U.S. GDP report was just released. Prices had been trading near steady just before the data.
Read moreGold Prices Higher Following Disapointing Q2 GDP
(Kitco News) – Gold prices are modestly higher as the first reading of second quarter U.S. Gross Domestic Product came in weaker than expected.
Read moreYamana Gold Reports Profit, Sells Mercedes Mine To Premier Gold Mines
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported late Thursday that the company returned to second-quarter profitability as production and prices rose.
Read moreNewmarket Gold Hikes Output Guidance After Record Production
Newmarket Gold Inc. (TSX: NMI; OTCQX: NMKTF) increased full-year production guidance after record output in the second quarter.
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