Gold Firmer Ahead Of ECB Meeting Conclusion
Global stock markets were narrowly mixed Thursday, as traders and investors awaited the results of today’s meeting of the European Central Bank.
Read moreNewmont 2Q Adjusted Earnings Jump As Gold Output, Prices Rise
Newmont Mining Corp.’s (NYSE: NEM) adjusted net income jumped 76% year-on-year in the second quarter as gold prices and production rose, while all-in sustaining costs fell.
Gold Prices Slump Again As Equities Continue Rally
As the saying goes, “There’s no fighting city hall.” For gold, we can extrapolate by saying, “There is no fighting economic strength in the U.S. economy.”
Gold fell by $13.80 an ounce, the preponderance of which came via regular trading, although a stronger dollar helped push down the yellow metal. The loss was around 1.00%.
‘Why Is The Fed Manipulating Rates In The First Place?’ – Steve Forbes
Although investors continue to focus on the U.S. Federal Reserve’s next monetary policy move and whether rate hikes are coming, media mogul Steve Forbes questions the real issue: “Why is the Federal Reserve manipulating interest rates in the first place?”
Gold Down, Hits 3-Week Low, On Strong Greenback, Rallying Stock Markets
Gold prices ended the U.S. day session lower and hit a three-week low Wednesday.
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 Prices Suffering As WSJ Fed Watchers See Potential For Sept Rate Hike
Gold prices are hovering near session lows Wednesday as the market is adjusting to a stronger U.S. dollar and rising interest rate expectations.
Read moreSenior HSBC FX Manager Arrested For Currency Manipulation – Bloomberg
Allegations of manipulation are once again front and center in financial markets Wednesday after Bloomberg reported that a senior manager at HSBC was arrested in New York for potentially playing a role in foreign exchange manipulation.
Read moreCenterra Announces Closing Of C$195.5 Million Bought Deal Financing
Centerra Gold Inc. (TSX: CG) announces completion its previously announced bought deal offering.
Read moreCoeur Mining Taking Advantage of Higher Gold, Silver Prices, Strong Production
(Kitco News) – Silver prices are in a new uptrend with limited downside risk but mining companies still need to demonstrate strong discipline, warns one sector executive.
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