U.S. Consumer Confidence Falls To 92.2
Kitco News reports on U.S. Conference Board consumer confidence index for February
Read moreCommerzbank: Two-Day Inflow Into Gold ETFs Most Since 2010
Gold continues to flow into exchange-traded funds at a hefty rate, says Commerzbank. Analysts note that holdings in gold ETFs tracked by Bloomberg rose by another 24.4 tonnes Monday.
Read moreHecla Posts 4Q Loss On Lower Metals Prices; Management Taking Salary Cuts
Hecla Mining Co. (NYSE: HL) reported a net loss for the fourth quarter Tuesday, despite a big year-on-year jump in production, as metal prices fell.
Read moreGold Rebounds From Monday’s Sell-Off
Gold prices are moderately higher in early U.S. trading Tuesday, on a corrective bounce from the solid selling pressure seen Monday.
Read moreGold Sees Corrective Bounce As World Stock Markets Mostly Weaker
Gold Prices are moderately higher in early U.S. trading, on a corrective rebound from solid selling pressure seen Monday.
Read moreGold’s Correction Is ‘Healthy’ After ‘Spectacular Run,’ Says Holmes
It was a one-way market Monday as gold prices ended the U.S. day session about where they started — solidly lower. However, one chief executive officer is not worried about the close to 2% dip.
Read moreShort Covering Pushed Gold Prices To One-Year Higher – CFTC
(Kitco News) – Although hedge funds continued to dip into the gold market, it was the exiting of their short bets that drove prices to a one-year high, according to the latest data from the CFTC.
Read moreGold Down Amid Risk-On Day in Marketplace, Higher U.S Dollar Index
Gold prices ended the U.S. day session about where they started it Monday–solidly lower. Profit-taking pressure from recent gains, a higher U.S.
Read moreKitco News Is On The Road Again, This Time At BMO’s Top Mining Conference
One of the year’s most important mining conferences is just around the corner, and the Kitco News team will be on the frontline to get the latest industry scoops.
Long-Term Gold Bulls Need To Bide Their Time And Be Patient
Global stocks are rallying and the U.S. dollar is posting solid gains. In the short-term, gold is being held hostage to outside market dynamics and the risk-off attitude has triggered modest profit-taking in the gold market in Monday trading.
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