Gold Futures Sees Mild Profit Taking Amid Better Risk Appetite
Gold prices are modestly lower in early U.S. trading Monday, on a corrective and profit-taking pullback following Friday’s pushed to a 13-month high. Improved risk appetite in the marketplace early this week is a bearish element for safe-haven gold. April Comex gold was last down $3.20 at $1,256.40 an ounce.
Osisko Gold Royalties Flips To Net Profit In Fourth Quarter
Osisko Gold Royalties Ltd (TSX: OR) reports net earnings in the fourth quarter of $4.5 million, or 5 cents per share, a turnaround from a net loss of $2.2 million, or 4 cents, in the same period of 2014.
Read moreGold Weaker Amid Less Risk Aversion To Start The Trading Week
Gold prices are slightly lower in early U.S. trading, on some mild profit taking from recent gains.
Read moreThe 6PM Recap With Gary Wagner: The Weekend Is Upon Us And So Is The Wait For The Fed
Reversing field, equities worldwide today latched back onto the positive side of the sayings of Chairman Draghi of the European Central Bank and to a very modest rise in the price of oil.
Read moreNew Technology Strikes Gold At PDAC 2016; Wins $500K
Embracing new technology and innovation can pay off big in the mining sector, just ask one Quebec company that won $500,000 to breathe new life into a decommissioned mine.
Read moreGold Traders To Focus On FOMC Meeting For Clues On Monetary Policy
The Federal Open Market Committee will take front and center stage for the gold market next week, although a slew of economic reports could play a supporting role.
Read moreBullish Gold Calls Post-ECB, Ahead of Fed – Gold Survey
Retail investors and analysts expect gold’s winning streak to continue next week, based on the latest results of Kitco News’ Wall Street vs. Main Street weekly gold survey.
Mining Stocks Rise With Metals; Silver Shares Outperform
Shares of most mining companies that trade in North America rose during the first four days of the week along with the price of most metals, with silver stocks among the outperformers.
Read moreNumber One Mining Jurisdiction Sees Potential To Stay On Top
Just because you are number one doesn’t mean you can rest on your laurels.
Platinum & Silver Gain Attention At PDAC 2016
Although gold was the shining star during the Prospectors and Developers Association of Canada conference in Toronto, Canada, other precious metals were gaining some attention with price ratios well outside historical norms.
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