TDS: Gold Consolidates But Poised To Benefit When Risk Sentiment Weakens
Gold has been consolidating but should benefit whenever risk appetite in other markets weakens again, particularly with global bond yields so low, says TD Securities.
Read moreGold Prices Ignore Slightly Stronger U.S. June Housing Sector Data
Kitco News reports on U.S. housing starts and building permits data for June.
Read moreGold Fields Expects Boost In First-Half Earnings
Gold Fields Ltd. (JSE, NYSE: GFI) has issued a “trading statement” advising that that earnings per share for the six months ended June 30 are expected to be 14 cents, compared to flat earnings reported for the first six months of 2015.
Gold Firmer Amid Weaker Equities, Chart Consolidation
Gold prices are modestly higher in early U.S. trading Tuesday, supported by mostly weaker world stock markets and by some backing and filling on the charts following recent selling pressure.
Read moreGold Needs A Small Nudge
Gold has impressed with its resilience recently, in the face of a stronger dollar and equity values.
Read moreGold Firmer In Early Trading
World stock markets were mostly weaker overnight, on corrective pullbacks from recent gains that have seen many world stock indexes recover all of their post-Brexit losses, and then some. Japan’s Nikkei stock index posted its sixth straight gain Tuesda…
Read moreDollar Weakens But Gold And Silver Fall Nevertheless
Gold is off $8.00 in late afternoon trading while silver is down 18¢ or 0.90% per ounce. This is in spite of assistance from a weaker U.S. dollar, which drives prices up.
Gold Ends Near Steady In Quiet Trading; Fresh Fundamental Inputs Awaited
Gold prices ended the U.S. day session near unchanged in subdued trading Monday, amid a lack of major, markets-moving news.
Read moreNewmont CEO: Investment Decision Drove Batu Hijau Sale; Projects ‘Progressing Well’
Faced with a decision on whether to invest another $2 billion at the Batu Hijau copper and gold mine in Indonesia within the next few years, Newmont Mining Corp. (NYSE: NEM) decided to sell instead and use the proceeds to pay down debt and advance other projects, says Gary Goldberg, president and chief executive officer.
Newmont CEO: Supply Fundamentals, Investment To Underpin Gold
The chief executive of Newmont Mining Corp. (NYSE: NEM) looks for gold to remain underpinned by both supply and demand fundamentals for some time to come, which in turn provides a big revenue boost for companies in the mining sector.
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