Metals Stronger But Now Awaiting Confirmation on Fed Policy and Brexit
Metals continue to benefit from the morbid jobs report last week that froze the perception of a Fed rate increase next week despite Janet Yellen’s comments that interest rates are likely to increase in coming months.
Triland: Reduction In Gold Net Length ‘Could Pave The Way For A New Bull Run’
A reduction in bullish positioning by speculators in gold futures may well set the stage for a new leg higher, says Triland Metals
Read moreGold Near Steady After Hitting 3-Week High Overnight
China got some downbeat data on price inflation Thursday.
Read moreGold Charges Strong Out of the Starting Gate
We are not looking at safe haven plays today, surely, but rather at a general sense that gold and silver have been trading too low for too long and now are fulfilling their potential as strong investments with the upside looking very positive.
Read moreSilver Sees Best Session In Eight Weeks; Now What?
The silver market ended Wednesday with its biggest one-day gain since April 19 as analysts say the grey metal is playing catch up with the gold market.
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 Ends Solidly Up, at 3-Wk. High, On Bullish Outside Markets
Gold ended the U.S. day session solidly higher and scored a three-week high Wednesday.
Read moreSNL: Producers’ Average AISC $833 Per Gold Ounce In First Quarter
Most gold-mining companies continued to reduce expenses in the first quarter, with the all-in sustaining cost per ounce for the top 17 publicly listed gold companies coming in at a weighted-average of $833 an ounce, according to a report from the mining consultancy SNL Metals & Mining.
Fortuna Silver Mines Agrees To Acquire Goldrock, Develop Lindero Project
Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) has agreed to acquire Goldrock Mines Corp. (TSXV: GRM) in an all-stock deal valued at C$129 million, the companies announce.
Read moreGold Hits 2-Week High Amid Bullish Outside Markets
Gold is solidly higher and scored a two-week high in early U.S. trading Wednesday, on bullish outside markets that see higher crude oil prices and a lower U.S. dollar index.
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