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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.

Iamgold Corp. Reports Adjusted Net Loss In Fourth Quarter

Iamgold Corp. (TSX: IMG; NYSE: IAG) late Wednesday reported an adjusted fourth-quarter net loss, including discontinued operations, of $62.8 million, or 16 cents per share, compared to net earnings of $10.2 million, or 3 cents per share, in the same qu…

Gold Weaker Amid Marked Improvement In Risk Appetite This Week

Gold prices are again seeing modest selling pressure amid the marked improvement in trader and investor Risk appetite this week.

Barrick Posts 4Q Adjusted Profit, Aims To Cut Debt By Another $2 Billion In 2016

(Kitco News) – Barrick Gold Corp. (NYSE, TSX: ABX) reported Wednesday that it posted an adjusted profit for the fourth quarter, achieved its debt-reduction target for 2015 and aims to cut this by another $2 billion this year.

The 6PM Recap With Gary Wagner: Gold Shows Resilience As Crude Pop Sets Off Equities Rise

Gold’s solid, if modest, rise today is significant not only because of technical factors that will be discussed in today’s video, but because the yellow precious metal showed fundamental strength in the face of very strong up-moves in equities and crude oil.

Newmont Mining Posts Lower Adjusted Net Income In Fourth Quarter

(Kitco News) – Newmont Mining Corp. (NYSE: NEM) reported fourth-quarter adjusted net income that was down from a year ago in a lower price environment for metals and as some gold and copper sales were deferred due to permit issues, although the compan…

Keep Long Gold Positions; Metal Has Seen Its Floor – Veteran Trader

As gold steadies Wednesday following a stellar rally last week, Kitco’s global trading director Peter Hug says he remains optimistic.