Gold Loses Early Gains on Upbeat U.S. Data, Bearish Outside Markets
Gold prices in late-morning dealings have lost their modest gains seen in earlier trading.
Read moreISM: U.S. Non-Manufacturing Index Rises To 59.1% In October
The Institute for Supply Management said Wednesday that its headline non-manufacturing index rose to 59.1% in October from 56.9% in September.
Read moreGold Sees Corrective Bounce Following Recent Pressure
Gold prices are posting modest gains in early U.S. trading Wednesday, on a short-covering bounce in the futures market and a bit of bottom-fishing in both the futures and cash markets, after prices hit a four-week low Tuesday.
Read moreSilver Wheaton Reports Lower Adjusted Profit, Record Output, Streaming Deal
Silver Wheaton Corp. (TSX, NYSE: SLW), a Vancouver-based silver streaming company, reported a smaller third-quarter adjusted profit than a year ago amid lower prices for metals, even though production rose to a record level for the third quarter in a row.
ADP: U.S. Private-Sector Jobs Rise By 182,000 In October
U.S. companies created 182,000 new private-sector jobs during October, according to a report released by payrolls processor ADP Wednesday.
Read moreSkeena Resources Completes Acquisition Of GJ Copper-Gold Property
Skeena Resources Ltd. (TSXV: SKE) announces that it has completed its previously announced cash-and-stock acquisition of a 100% interest in the GJ property from majority owner Teck Resources Limited and its 49% joint venture partner, NGEx Resources Inc.
Read moreIamgold Posts 3Q Loss But Lowers 2015 Guidance On Costs
Iamgold Corp. (NYSE: IAG; TSX IMG) reported a loss during the third quarter late Tuesday but also reduced its 2015 guidance for costs per ounce.
Read moreHecla Mining Reports Net Loss During Third Quarter
Hecla Mining Co. (NYSE: HL), the largest primary silver producer in the U.S., reported a loss in the third quarter as prices of metals declined.
Read moreIs Monetary Easing A Form Of ‘Currency War?’ – Former Fed Head Bernanke
Former Federal Reserve Chair Ben Bernanke will be giving a lecture at the International Monetary Fund’s 16th Jacques Polak Annual Research Conference on Thursday, where he hopes to address the topic of monetary policy in an international context.
Gold Sees Minor Corrective Bounce
Gold prices are modestly higher early this morning on a tepid short-covering bounce from recent strong Selling pressure that drove prices to a four-week low Tuesday.
Read more