These Key Gold Bearish Factors have not Reversed, Yet
With gold under pressure this morning on the back of stronger stock markets, the strengthening US dollar and up-tick in US bond yields some focus on the primary US dollar gold price pressure factors is warranted.
Read moreGold Pushes Above Unchanged As Downbeat Jobless Claims Data Dents U.S. Dollar
Gold prices have moved to modestly higher levels in mid-morning dealings Thursday, after trading moderately lower in overnight action.
Read moreGoldcorp Agrees To Acquire Kaminak Gold Corp, Add Coffee Gold Project
Goldcorp Inc. (TSX: G, NYSE: GG) has agreed to acquire Kaminak Gold Corp. (TSXV: KAM) for approximately C$520 million in an all-stock transaction, the companies announced Thursday.
Read moreWeekly Jobless Claims Jump To Highest Level Since February
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 20,000 to a seasonally adjusted 294,000 during the week to Saturday, the Labor Department said Thursday.
Gold Weaker, Pressured By Firmer U.S. Dollar Index
Gold prices are moderately lower in early U.S. trading Thursday.
Read moreB2Gold First-Quarter Profit Rises On Higher Output, Lower Costs
B2Gold Corp. (TSX: BTO, NYSE MKT: BTG, NSX: B2G) reports increased first-quarter profitability as production rose at the same time costs were declining. B2Gold lists net income of $6.7 million, or a penny per share, up slightly from $6.3 million, also …
Read moreMeandering Gold Price May Set Off Short Term Decline
Gold continues to be influenced entirely by dollar movements in the short term.
Read morePan American Silver Reverses To First-Quarter Profit On Lower Costs
Pan American Silver Corp. (NASDAQ:PAAS; TSX: PAA) reversed to a profit in the first quarter from a loss in the same period a year ago, with much of the turnaround the result of reductions in costs, the company said late Wednesday.
Read moreGold Weaker As U.S. Dollar Index Firmer
Gold prices are weaker in early U.S. trading, as the U.S. dollar index is Higher.
Read moreGold Demand Jumps 21% In Q1 On Record Investor Interest: WGC
(Kitco News) – It was the culmination of five factors that helped the gold market see its strongest first quarter on record, according to the World Gold Council (WGC).
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