Near Steady Amid Chart Consolidation, Mild Profit Taking, Some Safe-Haven Buying
Gold ended the U.S. day session near unchanged in a two-sided trading session Thursday. Some early profit-taking and chart consolidation was offset by fresh safe-haven demand and traders buying the early dip in prices. April Comex gold was last down $1…
Read moreAnalyst Dismiss 84% Monthly Drop In Chinese Gold Imports From Hong Kong As ‘Seasonal Anomaly’
Analysts appear to be looking past last month’s weak Chinese gold imports, dismissing the data as a simple season anomaly.
Commerzbank: Gold ETF Holdings Climb For 10th Straight Day
Holdings in global exchange-traded funds rose Wednesday for 10th consecutive day, rising another 10 tonnes, says Commerzbank.
Read moreGuyana Goldfields: So Far, So Good For Commercial Production At Aurora Mine
Guyana Goldfields Inc. (TSX: GUY) reports that commercial production at its Aurora Gold Mine in Guyana, which was reached at the start of the year, is on track to meet output guidance so far this year.
Read moreFirst Majestic Lists 4Q Loss Due To Impairment But Posts Higher Production, Lower Costs
First Majestic Silver Corp. (NYSE: AG; TSX: FR) posted a net loss in the fourth quarter due to an impairment charge, but also listed output higher than a year ago and lower all-in sustaining costs.
U.S. Durable Goods Orders Rise 4.9%, Core Rises 1.8% In January
(Kitco News) – The U.S. manufacturing sector found some much needed momentum last month, as orders for durable goods increased, ending to consecutive months of declines, according to the latest data from Department of Commerce.
Read moreU.S. Weekly Jobless Claims Rise 10,000 To 272,000
First-time weekly jobless claims in the U.S. rose by 10,000 to a seasonally adjusted 272,000 during the week to Saturday, the Labor Department said Thursday.
Read moreGold Sees Some Mild Profit-Taking, Chart Consolidation Following Recent Gains
Gold prices are steady to slightly lower in early U.S. trading Thursday, on some profit-taking pressure and chart consolidation following recent good gains.
Read moreGold Sees Corrective Pullback From Recent Solid Gains
Gold prices are modestly lower in early U.S. trading Thursday, on a corrective price pullback from recent good gains.
Read moreCenterra Gold Lists Smaller 4Q Net Loss On Smaller Impairment Charge
Centerra Gold Inc. (TSX: CG) reported a smaller net loss in the fourth quarter than a year ago on a smaller impairment charge, although production and revenue fell as the company mined lower grades of ore.
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