Newmarket Q1 Production Boosted By Record Output At Fosterville
Newmarket Gold Inc. (TSX: NMI) reports first-quarter production of 58,057 ounces of gold, down slightly from 59,676 in the year-ago period but up from 53,179 in the fourth quarter.
Read moreIndian Gold Buying Returning Post Jeweler Strike – HSBC
Indian gold buying is gradually returning to the market, helping offset the recent abatement in demand from gold exchange-traded funds, says HSBC.
Read moreGold, Silver Hit 5.5-Mo. High; Depreciating USD Bullish For PMs
Gold prices are firmer and hit a three-week high in early U.S. trading Tuesday. Silver prices have popped this week and hit a 5.5-month high today.
Read moreKITCO CONTEST: Where Will Gold Close in April?
Gold prices started the month lower but has since gained momentum. Where could the metal end the first month of this quarter?
Read moreGold Hits 3-Week High Overnight
Gold prices hit a three-week high overnight, following good gains posted Monday.
Read moreSix PM Recap With Gary Wagner: Gold, Other Precious Metals And Oil Making News Today
Gold is up 1.35% and silver is up 3.50%. Platinum higher by 2.25% and palladium is bringing up the rear with a 1.00% gain. Much of the action is chart based, which will be discussed in our video today and in Market Forecast. Oil is strong; equities ar…
Read moreGold, Silver & Oil Rally As U.S. Dollar Sinks
Gold and silver prices posted solid gains Monday, amid bullish “outside markets” that saw the U.S. dollar index lower and crude oil prices higher.
Goldman Sachs Slapped With $5 Billion Fine
In a settlement with the U.S. Justice Department, Goldman Sachs (NYSE: GS) will have to pay $5 billion in penalties for its role in the sale of mortgage-backed securities, which eventually contributed to the 2008 financial crisis.
Read moreGold, Silver Net Length Still High Despite New Short Bets
Despite renewed short bets in gold and silver, hedge funds continue to maintain an extended level of long positions, according to the latest trade data from the Commodity Futures Trading Commission.
Read moreRBC Hikes 2016 Average Gold Forecast To $1,250/oz
RBC Capital Markets has upped its 2016 average gold forecast by 9% to $1,250 an ounce, describing the outlook as positive in the second half of the year due to a more dovish posture from the U.S. Federal Open Market Committee, declining real interest r…
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