Gold Rallies on Safe-Haven Demand as Stock Markets Again Wobbly
Gold prices are solidly higher in early U.S. trading Wednesday, on follow-through technical and safe-haven buying following Tuesday’s decent gains.
Continental Gold: Feasibility Study On Buriticá Project
Advanced-exploration and development company Continental Gold Inc.(TSX: CNL; OTCQX: CGOOF) says that a feasibility study shows that its Buriticá project in Colombia would be an ‘economically robust, high-grade underground gold mine.’
Gold Rallies On Safe-Haven Demand
Gold is seeing good follow-through safe-haven buying Wednesday, after Tuesday’s solid gains.
Read moreThe 6PM Recap With Gary Wagner: Tanking Of Oil And Equities Pushes Gold Back Up
Gold rose today by 1.00% (as of 3PM in New York). It was up about $12. Silver was also up but by a smaller percentage, 0.4%
Read moreGold Sees Good Gains Amid Renewed Slides in World Equities, Crude Oil
Gold prices were ending the U.S. day session higher Tuesday, on a good corrective bounce from the solid selling pressure seen Monday.
Read moreU.S. Existing Home Sales See Slight 0.4% Rise In January
(Kitco News) – The U.S. housing market continues to be a bright spot in the U.S. economy as existing homes sales increased slightly in January, according to the latest data from the National Association of Realtors (NAR).
Read moreU.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.
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