Profit-Taking Hits Gold; Silver Pushes Still Higher
Gold prices ended the U.S. day session lower Wednesday, on a corrective pullback from recent gains, some profit-taking, and as investor risk appetite was on the upswing at mid-week.
Read moreSigns of a New Gold Bull Market – Martin Murenbeeld
Although gold’s momentous run seemed capped once again by U.S. dollar strength, the metal continues to trade in the green so far this year.
Physical Gold Demand Weakening As Market Sees Negative Lease Rates
(Kitco News) – Gold prices are seeing some renewed selling pressure Wednesday and there are some indications that prices could fall further as physical demand starts to weaken.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreChina’s Yuan-Based Gold Fix To Include Two International Banks
Two international banks will join the proposed Chinese yuan gold fix, which is expected to be launched in less than a week, according to media reports.
Read moreFresnillo: First-Quarter Silver Output Steady, Gold Production Higher
Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) says first-quarter output from its two operating mines in Latin America — the San Jose Mine in Mexico and the Caylloma Mine in Peru– exceeded the company’s expectations.
HSBC Looks For Gold/Silver Ratio To Continue Narrowing
HSBC looks for the gold/silver ratio to narrow further, which would mean silver is outperforming.
Read moreDollar Bounce Knocks Wind Out Of Goldâ??s Momentum
Gold failed again to push through the $1,265 level yesterday and momentum traders took profits.
Read moreU.S. Retail Sales Decrease 0.3% in March
Retail sales in the U.S. fell unexpectedly last month as sales of motor vehicles and auto parts fell.
Read moreU.S. Producer Price Index Falls 0.1% In March
Kitco News reports on the U.S. Producer Price Index for March
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