U.S. Weekly Jobless Claims Unchanged at 276,000
First-time weekly jobless claims in the U.S. held at 276,000 during the week to Saturday, the Labor Department said Thursday.
Read moreCan The Time To Buy Gold & Sell Dollar Be When Fed Actually Hikes Rates? – ETF Securities
Gold prices neared a 6-year low Thursday, but one research director says an opportunity in gold may come before year end if U.S. monetary policy moves prove to be inadequate.
Read moreFranco-Nevada Reports Third-Quarter Profit, Announces Dividend
Franco-Nevada Corp. (TSX: FNV; NYSE: FNV) reports a profit in the third quarter after realizing 85,637 gold-equivalent ounces from its mineral assets and $7.8 million in revenue from its oil and gas assets.
Read moreECB’s Draghi Suggests Monetary Stimulus Coming Soon
Gold Prices are near steady again today but prices did dip to another Three-month low overnight. Bears remain in firm technical Control of all the precious metals markets.
Read moreWGC: Gold Demand Rises In 3Q As Lower Prices Spark Bar, Coin, Jewelry Buying
A decline in gold prices back in mid-summer sparked increased investment that sent global gold demand to 1,120.9 tonnes in the third quarter, a rise of 8% from the same period a year ago, the World Gold Council reported Thursday.
Read moreGold Ends Weaker, Hits 3-Month Low, as Charts Remain Firmly Bearish
Gold prices ended the U.S. day session modestly lower and dropped to another three-month low Wednesday.
Read moreVote Now In The Kitco Weekly Gold Survey
Have your say! vote now in the Kitco News Wall Street vs Main Street Weekly Gold Survey.
Read morePrimero Announces Planned Succession Of Ernest Mast To President, CEO
Primero Mining Corp. (TSX: P; NYSE: PPP) announces that Ernest Mast will become president, chief executive officer and director of the board effective Jan 31. Joseph F. Conway, the company’s CEO since its inception, will assume the role of executive vi…
Read moreKinross Gold Reports Loss On Lower Metals Prices, Cuts Workforce
Kinross Gold Corp. (TSX: K; NYSE: KGC) reported a loss in the third quarter on lower metals prices, but also cited efforts to cut costs, including layoffs at the Tasiast gold mine in Mauritania.
Gold Near Steady on More Chart Consolidation; Longer-Term Bullish Case Laid Out
Gold prices are once again hovering near unchanged levels in early U.S. trading Wednesday.