Gold Up On Some Fresh Safe-Haven Demand
Gold prices are higher in early New York trading on some Fresh safe-haven demand. Gold bulls continue to hold the overall near-term technical advantage on the charts.
Read moreGoldcorp Reverses To Profit In First Quarter; Costs Down While Production Up
Goldcorp Inc. (TSX: G, NYSE: GG) reported Wednesday that it was profitable in the first quarter as costs declined and production rose.
Read moreCoeur Lists Smaller Adjusted Net Loss In 1Q; Costs Decline But So Does Revenue
Coeur Mining, Inc.’s (NYSE: CDE) first-quarter adjusted net loss narrowed from a year ago as the company cut costs, although total revenue was also lower due to reduced output that was the result of a transition at the Palmarejo mine.
Gold Firmer But Off Daily Highs, In Wake of FOMC Statement
Gold prices were modestly higher in early afternoon U.S. trading Wednesday, following the much-anticipated FOMC statement that was deemed mostly neutral.
Read moreFed Keeps U.S. Monetary Policy Steady at Latest FOMC Meeting
Kitco News reports on the April Federal Reserve monetary policy meeting.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreTwo Banks Optimistic On Silver But Differ On Short-Term Outlook
After silver’s impressive three-week rally that has pushed prices up 24% on the year, two banks are mixed on where prices are headed next.
Pending Home Sales Rise 1.4% In March, Highest Level Since May
(Kitco News) – The spring and summer could see continued growth in the housing market as U.S. consumers started the process of buying a home last month, according to the latest data from the National Association of Realtors (NAR).
Read moreSilver Institute: ETPs ‘Changed Landscape For Silver Investing’
The iShares Silver Trust (NYSE Arca: SLV), the first silver exchange-traded product that turns 10 years old on Thursday, has broadened the base of investors in the metal, says the Silver Institute.
Read moreBuy the Rumor – Sell The News ?
Metals moved higher on expectations that the Fed will leave rates unchanged today and possibly suggest that a June increase may also be off the table.
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