Weaker Dollar, Shifting Rate Expectations To Drive Gold, Silver Next Week – Analysts
Gold and silver were the big winners Friday as September U.S. employment data showed weaker-than-expected job growth., with some analysts noting that a weaker dollar on shifting interest rate expectations will continue to support the yellow metal next …
Read moreKitco Gold Survey: Weak U.S. Jobs Report Creates Bullish Sentiment In Marketplace
Weaker-than-expected U.S. employment data created some renewed positive sentiment among retail investors and market professionals, according to the weekly Kitco News Wall Street vs. Main Street Gold Survey.
Read moreMining Stocks Mostly Lower This Week, But Pretium Resources Continues To Climb
Most mining stocks traded in North America lost ground during the first four days of this week, although the good times continued for shares of Pretium Resources Inc.
Read moreGold Extends Gains, Sharply Higher in Wake of Weak US Jobs Data, Stock Market Sell-Off
The gold market has roared back to life Friday as several factors on this day are finally combining to work in favor of the heretofore beleaguered yellow metal bulls.
Read moreGold Rallies After Downbeat U.S. Jobs Report
Gold is posting a solid rally in the aftermath of a big miss to the downside in today’s much-anticipated U.S. jobs report.
U.S. Economy Creates 142k Jobs In September, July and August Revised Lower
Kitco News reports on U.S. nonfarm payrolls data for September
Read moreCould The Fed Now Consider Easing After Weaker Jobs Report? – ETF Securities
September employment data is out, which came in much lower than expected, and one research director says this may present an opportunity for gold.
Read moreMcEwen Mining Undertaking Stock Repurchase Program; CFO To Step Down
McEwen Mining Inc. (NYSE, TSX: MUL) says it intends to begina share repurchase program that authorizes the company to buy up to 15 million shares of its common stock over a 12-month period.
Read moreThe 6PM Recap With Gary Wagner: Imperfect Storm Blows Across All Regions, All Marketplaces
Southeast Asia, the BRICS and the Pacific Rim economies are of most concern. China is dying a slow manufacturing death at the same time it keeps shouting prosperity is just around the corner from the rooftops. We almost expect Herbert Hoover to appear on the dais with the central planners of the Communist Party and wave his bowler hat to the crowds. Manufacturing in the world’s second-largest economy is still contracting.