Gold, Silver Higher On Bullish Outside Markets; FOMC On Deck
Gold and silver prices are moderately higher in early U.S. trading Wednesday, amid bullish outside markets that include higher crude oil prices and a lower U.S. dollar index.
Read morePan American Silver Reports Production Resumes At Manantial Espejo mine
A labor conflict at Pan American Silver Corp.’s (Nasdaq: PAAS; TSX: PAA) Manantial Espejo mine in Argentina has been resolved and production has resumed, the company reported late Tuesday.
Gold Up Ahead Of Fomc Statement
Gold prices are moderately higher in early US trading, amid Bullish outside markets that see a weaker U.S. dollar index and higher Crude oil prices.
Read moreThank Goodness Itâ??s Less Than A Day Before The Fed Speaks
Amidst anticipation of a dovish statement by the Federal Reserve after tomorrow’s FOMC meeting, the dollar slipped against major currencies.
Gold Sees Modest Gains as Bulls Continue to Show Resilience
Gold prices ended the U.S. day session firmer Tuesday. The key “outside markets” were in a bullish posture for the precious metals markets, as the U.S. dollar index was lower and crude oil prices were solidly higher.
Don’t Rule Out London, NY As Hong Kong Vies To Be Next Gold Hub
The Far East is on the radar again for gold investors as Hong Kong looks to build the world’s largest gold vault and as China reports higher imports. One famed gold investor says he’s watching these new developments closely.
U.S. Consumer Confidence Falls to 94.2 In April
Kitco News reports on the U.S. Conference Board Consumer Confidence Index for April
Read moreGold Pushes Higher After Downbeat U.S. Report, Lower USD
Gold prices have erased early losses and are trading modestly higher and at the daily high, in the wake of a weaker-than-expected U.S. durable goods orders report.
Read moreEldorado Agrees To Sell Chinese Gold Mine For $300 Million
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) says it has agreed to sell its 82% interest in the company’s Jinfeng mine in China to a subsidiary of China National Gold Group for $300 million in cash, subject to certain closing adjustments.
Read moreSilver Plays Catch-Up To Gold, 2016 Could be “Pivotal” Year: CPM Group
This could be a pivotal year for silver prices, this according to one research firm which launched its coveted silver year book on Tuesday,
Read more