Gold Weaker Amid Less Risk Aversion In World Marketplace
Gold prices are modestly lower in early U.S. trading, as Risk aversion in the world marketplace has waned the Past couple weeks.
Read moreThe 6PM Recap With Gary Wagner: The Fed is The Proverbial Man Behind The Curtain And We Better Pay Attention
The big story of the trading day is a decline in crude oil that did not create a correlative decline in U.S. equities prices. In the last few days we have seen oil and equities trade in tandem but the equities charged off in their own direction.
Read moreWhen Doves Cry
This is what it sounds like, when doves cry ….Apologies in advance for the earworm but we could not resist.
Gold Analysts To Watch Stocks and Currency Markets Next Week
A shortened trading week because of Easter coupled with little U.S. economic data means the gold market will be led by outside markets, according to some analysts.
Read morePositive Gold Sentiment Starting To Wane?
Positive sentiment in the gold market remains strong among retail investors but is starting to wain among market professionals, according to the latest Kitco News Wall Street vs. Main Street Gold Survey.
Read moreOpportunity in West Africa: High Grade Deposits at Low Prices
Prior to PDAC, there were two takeover bids in West Africa initiated by two separate mid-tier producers.
Read moreMiners Rise With Metals; B2Gold, Silver Stocks Top Gainers
Share prices of most producers that trade in North America rose along with the metals themselves this week.
Read moreBlackRock Increases Stake In GLD and Not Its Own ETF IAU
The world’s largest asset-management firm is taking a shine to gold but surprisingly is investing in a competitor’s exchange-traded fund and not its own.
Commerzbank, HSBC: Silver Starting To Outperform Gold
Silver has been outperforming gold lately, causing a decline in the gold-silver ratio, say HSBC and Commerzbank. This ratio measures how many ounces of gold it takes to buy an ounce of silver. Early Friday, Comex
Read moreMidas Gold Completes C$55.2 Million Funding With Paulson & Co.
Midas Gold Corp. (TSX: MAX) reports that it has completed C$55.2 million in financing with Paulson & Co. Inc. through a previously announced offering of Canadian dollar-denominated 0.05% senior unsecured convertible notes issued by a subsidiary of the company and common shares.