Gold Prices, Bonds Ignoring Hawkish Fed Talk
Gold prices and bond markets are ignoring the latest comments from Federal Reserve policy hawk Esther George.
Read moreGold Market Has Potential To Start A Multi-decade Bull Run – Technical Analyst
Gold prices have room to move further in the near-term as the market enters a “new multi-decade bull run,” according to one technical analyst.
SNL: Gold Producers’ Market Capitalization Rises More Than Other Miners
Endeavour Mining (TSX: ECV) says it has closed previously announced bought deal financing, issuing 7,187,500 ordinary shares at C$20 per share, including the exercise of the underwriters’ over-allotment option in full.
Read moreCiti Sees 10% Chance of Gold Downturn; 25% Chance of $1,400
Citi Research is upbeat on gold in the near term, listing a “base case” call of $1,325-an-ounce metal for the third quarter.
Hedge Funds Increase Record Bullish Bets For Third Straight Week – CFTC
Record bullish bets in gold and silver among hedge funds appear to be the new normal as speculative positioning hits new highs for the third consecutive week, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold Down? So What, Just A Little Backing And Filling
Gold prices slipped modestly lower in early trading Monday. But, so what. Long-term investors are best served by not focusing on the squiggles and wiggles that dominate short-term trading action.
Read moreHecla Ups 2016 Guidance After 2Q Silver-Equivalent Output Jumps 38.4% From Year Ago
Hecla Mining Co. (NYSE: HL) Monday hiked its guidance for gold and silver production in 2016 after the company reported a big year-on-year jump in output during the second quarter.
Read moreEndeavour Silver Ups 2016 Guidance After 2Q Output Ahead Of Plan
Endeavour Silver Corp. (TSX: EDR; NYSE: EXK) has upped 2016 production guidance.
Read moreGold Hits Resistance Again, But Strong Equity Markets Creates Profit-Taking
The Far East created most of the action overnight, pushing gold once again to the $1,376 resistance level and silver as high as $20.70 before the European market took profits on stronger equity prices.
Read moreGold Prices Slip As World Stock Markets Rally
Gold prices are steady to slightly lower in early U.S. trading Monday. Risk appetite in the world marketplace is on the upswing to start the trading week.
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