Precious Metals To Retreat in Short Term; Platinum Could See Pop – Mitsubishi
Gold saw some relief last week on safe-haven demand, hitting a two-month high, while the other precious metals suffered; however, Mitsubishi says the outlook doesn’t look too positive for the precious metals.
Hecla: 2015 Silver-Equivalent Output Highest In Company’s 125-Year History
Hecla Mining Co. (NYSE: HL), North America’s oldest precious-metals mining company, said Tuesday that 2015 silver-equivalent output was the most in its 125-year history.
Citi: South African Mining Shares To Benefit From High Gold Prices In Rand Terms
Citi Research looks for share prices of South African gold producers to hold up this time around due to a weak currency in the country, which drives up the price of gold in the country’s currency.
Gold Down Amid Less Marketplace Anxiety, Higher U.S. Dollar
Gold prices are moderately lower Tuesday on some more profit-taking and chart consolidation following recent gains that saw prices hit a two-month high late last week.
Read moreCenterra Gold: Production Exceeds Guidance During 2015
Centerra Gold Inc. (TSX: CG) says the company exceeded its 2015 annual production guidance with output of 536,921 ounces.
Read moreLess Anxiety In Marketplace As China Stocks Stabilize Tuesday
Gold prices are lower in early trading, on a corrective Pullback from recent gains and a slowdown in safe-haven Buying interest on this day.
Read moreThe 6PM Recap With Gary Wagner: Hello Chaos My Old Friend
We won’t go as far as to call in the elite fractal experts from the math department at the University of Chicago in order to clarify the recent markets in terms of chaos theory, but let’s admit that right now everything seems topsy-turvy.
Gold Ends Slightly Lower On Mild Profit Taking From Recent Gains
Gold prices ended the U.S. day session slightly down Monday, on a profit-taking and corrective technical pullback from recent gains that saw prices hit a two-month high late last week.
Read moreFormer PIMCO Chief Breaks Down China’s Economic Woes
China’s recent efforts to devalue the yuan are at the expense of other nations, and may result in a weaker global financial system, this according to one chief economic adviser.
Dollar Shortage: ‘Never Enough Money’ Out There – Jim Rickards
Instead of focusing on China and the struggling equity markets, one best-selling author turned his attention to a bigger issue, which he refers to as “the dollar shortage.”