Gold Firmer As Risk Aversion Keener Today
Gold prices are modestly higher and holding just below Monday’s 15-month high in early U.S. trading Tuesday.
Atlantic Gold Completes 100,000 Ounces of Gold-Hedging Contracts
Atlantic Gold Corp. (TSXV: AGB) announces that under its hedging facility of up to 215,000 ounces, the company has entered into gold-hedging contracts covering 100,000 ounces of production from the Moose River consolidated project.
Read moreMarkets Have An Ominous Feel
Global markets have a very unsettled feel. It appears that a little more work is required to establish gold over the $1,300 level. Overnight, gold again surged above the number at the Asian close, but European selling has the current price, in North Am…
Read moreGold Holding Firm Amid Some Risk Aversion
A feature in the marketplace is the rally in gold prices to a 15-month high this week. News reports said Monday’s price action saw the largest daily money inflow to the gold ETF, SPDR Gold Trust, in five years.
Read moreGold Has Potential To Reach $1,400 – RBC Analyst
Gold’s rally continues, and according to one technical analyst known in the industry, the uptrend could push prices $100 higher.
If Gold Keeps Rallying, $1,380/oz is ‘In Play’ – Peter Hug
Precious metals have been among the best performing assets this year and according to Kitco’s Global Trading Director Peter Hug, gold and silver may have more room to grow.
Gold Hits 15-Mth High Over $1,300 Before Mild Profit-Taking
Gold prices scored a 15-month high of $1,306.00 in June Nymex futures in morning U.S. trading Monday, before backing off the daily high as the session progressed, on some mild profit-taking pressure.
Read moreTwo Winners Saw Gold Prices Settling April at $1,291 An Ounce
(Kitco News) -After hundreds of submissions, two winners will be receiving the CPM Gold Yearbook 2016, courtesy of Kitco News.
U.S. Manufacturing ISM PMI Falls To 50.8% In April
(Kitco News) -Once again the U.S. manufacturing sector is hanging on by thread, hovering just above contraction territory, according to the latest data from the Institute for Supply Management (ISM).
Read moreTechnical Trading: Watch This Key Level To Confirm Bullish Gold Breakout
Gold prices surged higher Friday and posted follow through gains in early trading Monday. The gold market busted higher out of a multi-week neutral range, reigniting the bull trend pattern that begin in January.
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