The “Holy Grail” Of Shipwrecks Found Off The Coast Of Colombia
The location of a more than 300-year-old shipwreck, which was believed to being carrying 11 million gold coins was confirmed over the weekend by Colombia’s President Juan Manual Santos.
For The Second Consecutive Week, Hedge Funds Hold Record Short Bets In Gold – CFTC
Negative sentiment in the gold space continues to grow as hedge funds and money managers increase their short bets to record highs for the second consecutive week, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreGold Down on Corrective Pullback, Bearish Outside Markets
Gold was moderately lower in early afternoon trading Monday, on a downside correction following a solid advance last Friday that saw prices hit a two-week high and score a technically bullish weekly high close.
Read moreWall St. Welcomes Oldest Gold Coin, Most Expensive Gold Monopoly Set
Join Kitco News’ Daniela Cambone on Wall Street as she tours the Museum of American Finance’s latest exhibit: Worth Its Weight: Gold from the Ground Up.
Read moreKitco Technical Trading: No Floor For Crude Oil, A Headwind For Gold Bulls
OPEC’s latest decision not to change production levels has pressured crude oil prices lower in early trading Monday. Gold prices are down and the U.S. dollar index is firmer. In the near-term,
Read moreBarclays: Capex Spending By Gold Producers Lowest Since 2009
Capital expenditures by gold producers tracked by Barclays hit the lowest level in more than six years, the bank reports.
Read moreCiti Research: Pace Of Precious-Metals ETF Outflows Slow From Two Years Ago
The pace of outflows from gold exchange-traded funds has slowed from two years ago and there is potential for new inflows to return, says Citi Research.
Read moreGold Sees Downside Correction After Good Gains Friday
Gold is modestly lower in early U.S. trading Monday, on a mild downside correction following a solid advance last Friday that saw prices hit a two-week high and score a technically bullish weekly high close. February Comex gold was last down $2.50 at $…
Read moreJeannes Retiring As Goldcorp CEO In April: Hudbay’s Garofalo Named Successor
Chuck Jeannes will retire as president and chief executive officer of Goldcorp Inc. (TSX: G; NYSE: GG) in April and will be succeeded by David A. Garofalo, currently president and chief executive officer of HudBay Minerals Inc. (TSX: HBM; NYSE: HBM), G…
Read moreWorld Stock Markets Mostly Firmer, In Wake Of Upbeat US Jobs Report Friday
Gold prices are weaker in early U.S. trading, on a Corrective pullback from solid gains seen Friday, in which gold prices hit a two-week high and closed at a bullish weekly high close.
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