Philadelphia Fed Manufacturing Index Falls To Minus 1.6 In April
The headline index for a survey of manufacturers in the Philadelphia area weakened in April, according to a report released Thursday.
Read moreYesterday’s Pause A Head Fake
The market yesterday spooked some traders when gold sold off near the end of the trading session.
Read moreNewmont 1Q Adjusted Income Down YoY But Tops Forecasts
Newmont Mining Corp. (NYSE: NEM) late Wednesday reported adjusted net income in the first quarter that was down from a year ago but topped analysts’ expectations.
Great Panther Silver Announces At-The-Market Offering Of Up To $10m
Sierra Metals Inc. (TSX, BVL: SMT) reports first-quarter silver-equivalent production was 2.6 million ounces, down 19% from the same period a year ago although up from the fourth quarter. Copper-equivalent production was 17.2 million pounds, a 19% year…
Read moreGold Higher As Bulls Have Technical Momentum
Gold prices are higher in early U.S. trading. Bulls are having a good week and have Technical momentum on their side.
Read moreECB Leaves Interest Rates Unchanged
Kitco News reports on the European Central Bank monetary policy decision for April
Read moreIt Is Not Simply Higher Oil Prices Driving Equities Higher
Oil headed down early in the day in Europe but then reversed course and started throttling upward.
Read moreSilver Holds Gains As Gold Dips
Gold prices fell late Wednesday while silver held onto recent gains and U.S. stock markets move higher.
Read moreIs It Too Late To Get Into Mining Stocks? No, Says This Geologist
Mining stocks have seen substantial gains since the start of the year, even outperforming both gold and silver prices.
Read moreGold Pauses After Tuesday’s Sharp Gains; Silver Powers Higher
Gold prices ended the U.S. day session near steady Wednesday, on technical consolidation after posting solid gains Tuesday.
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