Gold Extends Early Losses As U.S. Dollar Index Pushes Higher
Gold Extends Early Losses As U.S. Dollar Index Pushes Higher
Read moreMain Street Still Bullish On Gold; Wall Street Seeing Some Doubt
Sentiment in the gold market remains volatile as a strong majority of retail investors continue to see higher prices in the near term, while there is growing uncertainty among market professionals, according the results of this week’s Kitco News Wall Street Vs. Main Street Gold Survey.
Silver-Mining Stocks Shine Brightest; Newmont Jumps After Earnings Beat
Shares of most mining companies that trade in North America posted gains during the first four days of this week, with silver producers especially strong as the metal hit an 11-month high and gold-mining giant Newmont Mining Corp. aided by an earnings …
Read moreIs Gold On The Cusp Of A New Bullish Super Cycle?
Gold and silver are leading the commodity pack through late April, with a 17% and 25% gain, respectively.
Read moreMarkit U.S. Flash PMI Falls To More than Six Year Low In April
Kitco News reports on Markit U.S. flash PMI data for April
Read moreNormal Correction, Or ?
Looking for a nefarious reason for the drop in metals yesterday is likely going to be a futile effort. Early market action suggested that the momentum had finally turned and gold was poised to break to the upside.
Read moreGold Weaker On Chart Consolidation And Firmer Greenback
Gold prices are modestly weaker in early U.S. trading Friday. Some technical chart consolidation is featured after gains seen recently.
Read moreDeutsche Bank Sees $20 Silver If Gold-Silver Ratio Keeps Declining
Silver, often referred to as “poor man’s gold” or “high-beta gold,” could rise to $20 an ounce in the foreseeable future if the gold/silver ratio continues to fall to historical levels, says Deutsche Bank.
Endeavour Mining, True Gold Shareholders Clear Way For Merger
Endeavour Mining (TSX: EDV; OTCQX: EDVMF) and True Gold Inc. (TSXV: TGM) report that their shareholders have approved terms of a previously announced agreement in which Endeavour will acquire True Gold.
Read moreWith Hillary As President, ‘Wall Street Will Be Delighted’ – Gerald Celente
With the New York primaries now in the rearview mirror, Kitco News heard from outspoken, NY-native and longtime trends forecaster Gerald Celente, who suggests gold might want to see Republican Senator Ted Cruz at the White House come 2017.
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