GLD SPDR Shares Down Almost 5% q/q
Just like gold futures prices, the world’s largest gold-backed exchange-traded fund also started off Q4 in the red; however, some analysts still see potential for the metal.
U.S. Mint Posts 181% Jump In Gold Coin Sales, Silver Sales Hit 29-Year Record High In Q3
Gold and silver prices remain range-bound as markets await a potential U.S. interest rate hike at some point this year, however, bullion coin sales have never been better according to the latest data released by the U.S. Mint.
Read moreGold Ends Near Steady; U.S. Jobs Report on Deck
Gold ended the U.S. day session near steady in a choppy, two-sided trading day Thursday. Short covering and position evening ahead of what is arguably the most important U.S. economic report of the month-the U.S. employment report from the Labor Depart…
Read moreGold Market Should Prepare For Positive Employment Report Friday – Analysts
The gold market is starting the fourth quarter above key psychological support but some analysts are not optimistic prices can move higher following Friday’s nonfarm payrolls report for September.
Gold Pushes Above Unchanged, at Session High, on Short Covering, Weaker U.S. ISM Data
Gold prices are trading modestly higher and near their daily highs in late-morning dealings Thursday.
Read moreU.S. ISM Manufacturing Index Falls To 50.2% In September
(Kitco News) – The U.S. Manufacturing sector remains in expansion territory but momentum continued to wane — more than expected — in September, according to data from the Institute for Supply Management.
Read moreSilver Standard Signs Agreement With Golden Arrow For Chinchillas Project
Silver Standard Resources Inc. (NASDAQ: SSRI; TSX: SSO) says it has entered into an agreement with Golden Arrow Resources Corp.
Read moreNorth American Palladium Reduces Workforce, Cuts Output Guidance
North American Palladium Ltd. (TSX: PDL; OTC PINK: PALDD) has cut mining jobs and its outlook for 2015 production in response to weaker metal prices.
Read moreU.S. Weekly Jobless Claims Rise to 277K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 10,000 to a seasonally adjusted 277,000 during the week to Saturday, the Labor Department said Thursday.
Read moreAre Apple’s Record iPhone 6s and 6s Plus Sales Bullish For Gold?
Apple, AAPL, iPhones, iPhone 6s, 6s Plus, tech sector, iPhone sales gold demand, physical gold, World Gold Council.
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