Barrick Gold Nearly Doubles Q1 Adjusted Earnings As Costs Decline
Barrick Gold Corp. (NYSE, TSX: ABX) Tuesday reported that first-quarter adjusted earnings doubled from a year ago even though output dipped slightly, but with the company focused on holding down costs.
Read moreGold Weaker, Needs Fresh Dose of Bullish News
Gold prices are moderately lower in early U.S. trading Tuesday. The yellow metal is languishing amid a lack of fresh, bullish fundamental news.
Read moreDailyFX’s Stanley: Gold Meandering In ‘Choppy Range’
Gold is a sideways market but one that “remains primed for movement,” says James Stanley, currency analyst at DailyFX. The metal shot higher in February when Federal Reserve Chair Janet Yellen addressed Congress, he says.
Gold Lower As Market Needs Fresh Bullish News
Gold prices are moderately lower in early U.S. trading, as a lack of fresh, bullish News recently has been giving the sellers the upper hand.
Read moreCentral Bank Meetings This Week To Produce Stagnation In Markets
On a day that seems tailor made for safe-haven investment, silver fizzled and gold is up modestly, mostly on the back of a lower U.S. dollar.
Read moreGold Sees Corrective Bounce, Helped By Weaker U.S. Dollar
Gold prices ended the U.S. day session moderately higher Monday.
Read moreHedge Funds Continue To Pile Into Gold And Silver
Hedge funds and money managers continued to pile into gold and silver as both markets saw their speculative net-long positioning expanded once again, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreGold Extends Early Gains Amid Bullish ‘Outside Markets’
Gold prices are higher and trading near the daily high in late-morning dealings Monday.
Read moreU.S. New Home Sales Fall 1.5% in March
(Kitco News) – The U.S. housing market lost momentum ahead of the busy spring season as fewer consumers bought new homes last month, according latest data from the U.S. Commerce Department.
Read moreCiti: Producers Shy Away From Hedging Gold But Some Hedging FX Risk
Producers are shying away from locking in future gold prices through hedging, although some have opted to hedge foreign-exchange risk instead, according to a report Monday from Citi Research.
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