U.S. New Home Sales Rise 16.6% In April
Kitco News reports on U.S. new home sales data for April
Read moreKinross: Unionized Workers Begin Strike At Tasiast Mine In Mauritania
Unionized workers Tuesday initiated a strike at the Tasiast mine in Mauritania, reported Kinross Gold Corp. (TSX: K; NYSE: KGC).
Commerzbank: Gold Demand Continues Shifting From East To West
At least for now, the flow of gold seems to be shifting from Eastern to Western nations, says Commerzbank.
Read moreAs Gold Waits the Next Catalyst an Inflation Beta Update
The precious metals market appears to be stuck in a déjà vu all over again situation similar to 2015. Hawkish Federal Reserve rhetoric and strength in the US dollar and stock market are pressuring US dollar gold prices.
Traders Desperate For Clarity
Metals continue to struggle against the grinding stronger dollar as traders are desperately looking for clarity on rate hikes.
Read moreGold Hits 4-Week Low; Firming U.S. Dollar Index Bearish
Gold prices are lower and scored a four-week low in early U.S. trading Tuesday. The recent rally in the U.S. dollar index remains a bearish outside market force for the precious metals markets.
Read moreHecla To Acquire Mines Management, To Accelerate Evaluation Of Montanore
Hecla Mining Co. (NYSE: HL) has agreed to acquire Mines Management, Inc. (NYSE MKT: MGN, TSX: MGT), the companies report.
Read moreGold Hits 4-Week Low Amid Firmer U.S. Dollar
Gold prices are lower and hit a four-week low Tuesday, pressured In part by a firmer U.S. dollar index on this day.
Read moreGold Dips To 3-Week Low Amid Lack Of Fresh, Bullish News
Gold prices ended the U.S. day session slightly down but up from the daily bottom that saw prices hit a three-week low early on. The gold bulls have faded a bit recently and need a fresh dose of bullish fundamental news to jolt the market out of its re…
Read moreGartman Suggests Gold Investors Stick to the Sidelines…For Now
As gold struggles on the potential for a U.S. rate increase in June, one well-known commodities investor warns that it might be best for investors to stick to the sidelines–at least until the first rate hike occurs.
Read more