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.
Read moreGold 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.
Read moreFOR PETE’S SAKE: Market Holding But Somewhat Vulnerable
Read moreU.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.
Read morePhiladelphia 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.
Read moreGold 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.
Read moreIamgold 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…
Read moreGold 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.
Read moreBarrick 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.
Read moreThe 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.
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