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.
Read moreSierra Metals: Corona Subsidiary’ s 1Q Output Hurt By Restructuring
Sierra Metals Inc. (TSX, BVL SMT) reports first-quarter output of 1.5 million silver-equivalent ounces for the Sociedad Minera Corona S.A. subsidiary in Peru, up 13% from the fourth quarter but down 26% year-on-year. Copper-equivalent output was 10 mil…
Read moreGold Strength Gathers Some Momentum
Gold easily takes out $1,300, on the first try, but the level to watch is the $1,307 area. The continued weakness of the dollar is the primary catalyst, but holidays in many Asian centers and in London have created a thinner volume environment but shou…
Read moreGold Hits 15-Mo. High Above $1,300; Slumping Dollar Fuels Bulls
Gold prices are up again and scored a 15-month high of $1,306.00 in June Nymex futures as of this writing in early U.S. trading Monday.
Read moreCommerzbank: U.S. Gold Coins ‘Proving Very Popular’
U.S. gold-bullion coins “are proving very popular at present,” says Commerzbank.
Gold Pushing To 15-Month High Above $1,300
A feature in the market place to start the trading week is gold prices pushing to a 15-month high above $1,300.00 an ounce.
Read moreGold Traders Eying Dollar Weakness; U.S. Payrolls On Deck
Gold and silver futures soared to 15-month highs this week as the U.S. dollar came under pressure, so traders will be watching next week to see whether the greenback continues its slide.
Read moreSentiment Remains Strong In Gold As Prices Hit 15-Month High
After hitting a 15-month high, the gold market is ending the week and month with significant momentum, and strong sentiment could point to continued gains next week, according to the latest Kitco News Wall Street Vs. Main Street Gold Survey.
Read moreBrexit Could Impact Fed’s June Rate Decision: Dallas Fed President
Britain’s referendum on whether to remain part of the European Union could impact the Federal Reserve’s monetary-policy decision, according to one regional Federal Reserve president.