U.S. Housing Starts Rise 9.8%, Building Permits Rise 7.4% In June
Kitco News reports on U.S. housing starts and building permit data for June
Read moreGold Hovers Near 8-Mo. Low on Lack of Bullish News, Bearish Charts
Gold futures prices are slightly lower and near this week’s eight-month low in lackluster trading early Friday.
Read moreWells Fargo: Platinum, Palladium Remain Under Pressure
Platinum group metals remain on the defensive, with spot palladium dropping to just below $618 an ounce for the first time since late 2012, and platinum at one point dipping just below $1,000 an ounce for the first time since early 2009.
Read moreMcEwen Mining Receives Insurance Proceeds Stemming From Robbery
McEwen Mining Inc. (NYSE, TSX: MUX) has received reimbursement for approximately 80% of the fair value of a loss due to an armed robbery that occurred on April 7 at the El Gallo Mine in Mexico, the company reports. Consequently, the financial
Read moreIt’s A quieter Summertime Friday In The Marketplace
Kitco News – Gold prices are trading slightly lower and hovering Near this week’s eight-month low.
The 6PM Recap With Gary Wagner: The Dollar, Geopolitics As Usual, And Q2 Earnings Driving The Train
Gold is stumbling around right now, having fallen victim to a rising U.S. dollar today, which is more than counteracting a slight rise in regular trading.
Read moreGold Ends Weaker, Hits 8-Month Low, on Bearish Outside Markets, No Risk Aversion
Gold futures prices closed the U.S. day session modestly lower and scored an eight-month low Thursday.
Read moreAny Reversal Up In Gold, Just A ‘Bull Trap’ – Phil Streible
Gold futures are lower and slumped to an eight-month low in early U.S. trading Thursday. August Comex gold was last down $4.90 at $1,142.70 an ounce.
Read moreHarmony CEO Briggs Retires; Search Begins For Successor
Harmony Gold Mining Co. Ltd. (JSE: HAR; NYSE: HMY) is launching a search for a new chief executive officer after the retirement of Graham Briggs, the company announced Thursday.
Read moreECB Provides Some Relief To Greek Banks, ‘Grexit’ Ruled Out – Draghi
Greece will see some relief from its ongoing credit crisis as the European Central Bank (ECB) increased its emergency loans to Greece’s central bank by €900 million Thursday.