Barrick Sells Stakes In Four Nevada Assets; Kinross Among The Buyers
Barrick Gold Corp. (NYSE, TSX: ABX), the world’s largest producer, announced more asset sales Thursday aimed at further reducing the company’s debt load.
Pan American Silver Reports 3Q Loss But Rise In Silver, Gold Production
Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) reported a loss for the third quarter Thursday due to an impairment charge and lower prices for metals, but said production of gold and silver both rose.
Gold Weaker, Slips to 3-Month Low, as Technical Sellers Emboldened
Gold prices are trading modestly lower and fell to another three-month low Thursday, as a lack of major, fresh fundamental news this week has allowed the chart-based traders to dominate-and most of them are bearish. December Comex gold was last down $3…
Read moreU.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.
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