Vote Now In The Kitco Weekly Gold Survey
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Read moreRBC’s Gero: Gold Futures Extend Rally After U.S. Economic Data
Gold futures have hit their highest level in more than three months as a soft U.S. report on retail sales portends continued low interest rates and a weaker U.S. dollar, says George Gero, precious-metals strategist with RBC Capital Markets Global futur…
Read moreGold Up, at 3.5-Month High; Weak U.S. Retail Sales Data Supportive
Gold prices are moderately higher in early U.S. trading and hit a 3.5-month high overnight. Just-released downbeat U.S. retail sales data also fell into the precious metals bulls’ camp.
U.S. Retail Sales Rise 0.1% During September
U.S. retail sales rose 0.1 % in September, the Commerce Department reported Wednesday.
Read moreU.S. Producer Prices See 0.5% Decline In Headline Inflation; 0.3% Decline In Core
Kitco News reports on U.S. Producer Price Index for September.
Read moreFirst Majestic Silver Reports Steady 3Q Output, Plans Layoffs Due To Low Prices
First Majestic Silver Corp. (TSX: FR; NYSE: AG) announced stable silver production in the third quarter Wednesday, but the company also plans to cut expenses and lay off some workers in response to the low-price environment, expecting to leave high-cos…
Read moreGold Hits 3.5-Month High Overnight.
Gold prices hit a 3.5-month high overnight as the bulls continue to gain technical momentum by pushing prices above what was stiff chart resistance at the August high.
Read moreThe 6PM Recap With Gary Wagner: China Takes Center Stage
As We Are Reminded That Transports Lead The Way In And Out Of Recessions. A number of factors conspired today to drag most markets down or at least inhibit full-strength upward movement.
Read moreCritical Elements Corp: Putting Canada on the map of Lithium Producers
(Kitco News) In a time of rapidly increasing demand for lithium batteries, there are growing concerns over sufficient supplies at acceptable prices.
Read moreGold Ends Near Steady on Chart Consolidation; Bulls Still Have Some Momentum
Gold ended the U.S. day session around steady, but near the daily high, on some technical chart consolidation and a pause after notching a six-week high Monday.
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