Bottom Buzz at PDAC – A Private Investor’s Point-of-View
I live in Southern California, but every year I freeze during the long walks to and from the mining mecca that is the Prospectors and Developers Association of Canada (PDAC) annual meeting — no matter how much long underwear I pack.
Read moreGold Dips Amid Rebound in World Stock Markets
Gold prices are moderately lower in early U.S. trading Friday, on a corrective and profit-taking pullback following overnight gains that pushed prices to a 13-month high.
Read moreNewmont Sells Stake In Australian Miner Regis For $182 Million
Newmont Mining Corp. (NYSE: NEM) says it closed the sale of a 19.45% equity stake in Australian miner Regis Resources Ltd. for $182 million.
Read moreGold Sees Corrective Pullback As World Stock Markets Rebound
Good morning this is the open with Jim Wyckoff.
Read moreThe 6PM Recap With Gary Wagner: The European Central Bank Grabs The Markets’ Reins
Another risk-off day swirled around markets around the world today, extending yesterday’s momentum and touching all investments in some way.
Uranium Market Poised to Take-Off?
The uranium market has been in a five-year bear market that shows no signs of bouncing back.
Read moreGold Rallies On Safe-Haven Demand As ECB Rattles Marketplace
Gold prices were solidly higher and poised to close at or near a 13-month high close in late U.S. trading Thursday. Safe-haven demand surfaced as U.S. stock indexes sold off and the U.S. dollar index dropped sharply in the wake of today’s announcement of the monetary policy easing measures from the European Central Bank. April Comex gold was last up $15.10 at $1,272.60 an ounce. May Comex silver was last up $0.214 at $15.58 an ounce.
Rate Cuts Not Main Factor Driving Gold – Capital Economics
Despite gold’s move higher Thursday following the move by the European Central Bank to cut rates, analysts at one U.K.-based research firm say there are other factors pushing gold prices right now.
ECB Rate Cuts, Expanded QE ‘Went Beyond What Was Anticipated’
The European Central Bank cut interest rates and expanded its asset-purchase program by more than markets were expecting Thursday, officials said.
Read moreBig Reversal In Currency Markets Benefits Gold
Gold prices are trading modestly higher by have posted a big rebound from the sharp losses seen just about an hour ago.
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