Centerra Gold 1Q Earnings Decline Along With Production
Primero Mining Corp. (TSX: P; NYSE: PPP) lists a net loss for the first quarter, explaining that results were impacted by changes to the mining sequence at San Dimas to allow for implementation of enhanced ground-support standards for safety purposes.
Gold Has Room To Run Higher, But To Hit Resistance: Commerzbank
Despite Wednesday’s selloff, gold could have room to move a little bit higher before the market sees stronger profit taking, according to analysts at Commerzbank.
Gold Continues to Back Away from $1,300 on Hawkish Fed Comments
The US Dollar Index recovered from its lowest levels in over a year adding to some responsive profit taking in gold in front of the widely watched $1,300/oz. level.
Read moreGold Weaker But Downbeat ADP Jobs Number Limits Pressure
Gold prices are modestly lower in early U.S. trading Wednesday, on some follow-through selling and profit-taking pressure that surfaced Tuesday.
Read more156K Private Sector Jobs Added In April
(Kitco News) – The U.S. labor market is showing signs of slowing momentum as private sector employment was weaker than expected, falling below 200,000, latest data released by payrolls processor ADP.
Read moreGold Drop Directly Correlated To Yesterday’s Dollar Strength
Gold’s recent performance has been correlated directly with the strength/weakness of the dollar, specifically against the yen.
Iamgold Corp. Posts Profit In 1Q, Boosted By Sale Of Investment Gold
Iamgold Corp. (TSX: IMG; NYSE: IAG) reversed to a first-quarter profit, helped when it benefitted from a 75% gain on the sale of gold held for investment purposes, the company reported late Tuesday.
Read moreGold Sees More Profit Taking As U.S. Dollar Index Continues Rebound
World stock markets were mostly weaker overnight in lackluster trading.
Read moreRisk Way Off as Greenback Dominates Movements & Gold Consolidates
Crude oil analysts have to make you laugh. But it’s a dark joke filled with dishonesty.
‘Perfect Storm Against Gold Reversing’ Says Analyst That Forecasted $1,300 Gold
(Kitco News) – When market sentiment was extremely bearish for gold, one analyst stuck with his $1,300 call.
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