Most Mining Stocks Weaken Through Thursday Along With Metals Prices
Shares of most producers of gold, silver and copper tumbled along with the price during the first four days of the week.
Read moreSix Reasons Gold Investors See Higher Price Levels In 2016
Precious metals remain the 2016 commodity leaders, with silver posting a whopping 25% year-to-date gain and gold showing a 21% advance.
Read moreWeak April Employment Catches Up – Will $1,300 Become Support in Gold?
The weaker than expected US April Employment data is benefitting gold prices and pressuring the US dollar, bond yields and stock prices
Read moreGold Rallies In Aftermath Of Downbeat U.S. Jobs Report
Gold prices are solidly higher in early U.S. trading Friday, in the aftermath of a U.S. employment report that did not meet market expectations.
Read moreU.S. Economy Created 160K Jobs in April
Kitco News reports on U.S. nonfarm payrolls data for April.
Read moreJobs Data The Driver Today
Gold continues to meander within the recent range of $1,275- $1,288 ahead of today’s jobs data.
Stillwater Posts 1Q Loss On Weaker Prices For Platinum, Palladium
Stillwater Mining Co.(NYSE: SWC) reports flipping to a net loss in the first quarter as the price of platinum and palladium tumbled from a year ago, denting revenues.
Read moreSociete Generale: Slowing U.S. Economic Growth Lifts Gold; How Much Profit-Taking?
Gold has vaulted higher in recent weeks on signs of slowing U.S. economic growth; now a key may be how much profit-taking occurs after the sharp run-up so far this year, says Societe Generale.
Read moreGold Up As U.S. Jobs Report On Deck
World stock markets were mostly lower in cautious trading Friday, ahead of the U.S. jobs report for April from the Labor Department-arguably the most important U.S. economic report of the month.
Read moreThis Chart Shows That Trump-mania May Actually Be Helping Gold
If you crunch the numbers, it would suggest that as Donald Trump’s popularity grows, so does the price of gold.