Gold-Mining Stocks Mostly Lower But Sibayne Rises After Rustenburg Purchase
Gold-mining stocks that trade in North America had a mostly softer tone during the first three trading days of this week, with Sibanye Gold Ltd. an exception after entering the platinum business.
Read moreGold Falls Below $1,100, Hits 4-Week Low, on Technical Selling Pressure
December Comex gold futures dropped to a fresh four-week low of $1,098.10 an ounce as of this writing in mid-morning U.S. trading Friday.
Read moreNomura: More Optimistic On Prospects For Indian Sovereign Gold Bond Scheme
Nomura Economics is more optimistic about the prospects of success for India’s sovereign gold bond scheme (SGB) than the gold monetization scheme (GMS).
U.S. Producer Price Index Remains Unchanged In August, Core Rises 0.3%
(Kitco News) – Pipeline inflation pressure in the manufacturing sector remain muted, but managed to rise more than expected, according to the latest data from the U.S. Department of Labor
Read moreGold Weaker on Bearish Charts, Outside Markets
Gold prices are modestly lower in early U.S. trading Friday. Selling on this day stems from bearish outside markets and a continued negative near-term chart posture.
Read moreGold Tries To Find Direction Ahead Of Next Week’s FOMC – Gary Wagner
Gold is trading sideways ahead of next week’s much anticipated Federal Open Market Committee Meeting (FOMC) but the metal managed to rebound after hitting a 4-week low on Wednesday.
Still Some Risk Aversion In Market Place, Ahead Of FOMC
Good morning this is the open with Jim Wyckoff. Gold prices Are weaker in early U.S. trading and hovering just above $1,100.
Read moreThe 6PM Recap With Gary Wagner: Data Still Conflicts, Confounds And Confuses
An important inflation reading released today showed U.S. import prices falling 1.8% in August as the cost of crude oil and a basket of other goods dropped. Import prices slid 0.9% in July.
Read moreGold Ends Higher On Short Covering, Bargain Hunting, Bullish Outside Markets
Gold prices ended the U.S. day session moderately higher Thursday. Short covering in the futures market and bargain hunting in the cash market were featured after prices fell to a four-week low Wednesday.
Read moreOnly A Matter Of Time Before Mining Companies Embrace New Technology – Mining Executive
(Kitco News) – Lower gold prices and lower ore grades is going to force the mining industry to accept new technology and new practices according to one innovative Quebec-based mining company.
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