Latest News

OECD Sees Broad-Based Global Weakness, Recommends More Gov’t Spending

(Kitco News) – Do not expect to see a significant uptick in growth this year, warns the Organization for Economic Cooperation and Development (OECD), adding that governments should abandon austerity measures, which could be positive for the gold marke…

Credit Agricole Analysts See ‘Scope For Gold To Trend Higher’

Credit Agricole sees gold trending higher into 2017, commenting that improvement in risk sentiment for other markets does not necessarily mean markedly lower demand for the precious metal.

OceanaGold Announces Dividend After Profit For 4Q, Full Year

OceanaGold Corp. (TSX, ASX, NZX: OGC) announces a dividend for 2015 after a profitable year.

Pan American Silver Reports 4Q Loss But Record Silver, Gold Output For 2015

Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) Thursday reported record gold and silver production in 2015, although the company had a loss for the fourth quarter and full year largely due to impairment charges.

Gold Pushes Above Unchanged As Bulls Proving Resilient

Gold prices have moved above steady levels on the day and are trading at the daily high in late-morning dealings Thursday.

Gold Prices: “It’s Quiet Out There; Maybe Too Quiet” Says Dennis Gartman

Famed market watcher Dennis Gartman says players, which he refers to as “malevolent forces,” have been trying very hard to break gold in U.S. dollar terms over the course of the past two or three days.

FOR PETE’S SAKE: Market Holding But Somewhat Vulnerable

U.S. Weekly Jobless Claims Fall 7,000 To 262,000

First-time weekly jobless claims in the U.S. fell by 7,000 to a seasonally adjusted 262,000 during the week to Saturday, the Labor Department said Thursday.

Philadelphia Fed Manufacturing Index Inches Up To Minus 2.8 In February

The headline index for a survey of manufacturers in the Philadelphia area remained weak but improved to a reading of minus 2.8 in February from minus 3.5 in January, according to a report released Thursday.

Gold Modestly Down As Risk Appetite Continues To Increase

Gold prices are modestly lower in early U.S. trading Thursday as some more profit-taking from recent strong gains is featured.