Uncertainty To Rule Gold Market Next Week – Analysts
Uncertainty will continue to dominate gold next week as analysts expect the market to continue to digest the weaker-than-expected nonfarm payrolls released Thursday, and react to the Greek bailout referendum Sunday.
Read moreGold Down, Hits 3.5-Mo. Low, as Bears Gaining Momentum
Gold prices ended the U.S. day session moderately lower and hit a 3.5-month low Thursday.
Read more100% Surge In Gold & Silver Coin Sales – U.S. Mint
As the second quarter came to an end, and metals prices remain range-bound, gold and silver coin sales have seen a surge this past month, up over 100% in June after dismal May sales, says one bank.
Read moreMain Street Bearish On Gold For Fifth Straight Week; Wall Street Slightly Bullish
With gold prices hitting their lowest level in three and one-half months Thursday, it might not be surprising that retail investors remain negative on the yellow metal for the fifth straight week.
Read moreMining Stocks Decline With Metals; Iamgold Slides After Revised Output Forecast
Gold- and silver-mining stocks are mostly softer for the week so far, with gold also on the defensive. Iamgold was one of the biggest decliners after trimming output guidance in response to an earthquake.
Read moreMandalay Resources Reaches Contract Agreement With Mining Union
Mandalay Resources Corp. (TSX: MND) says it has reached agreement on a new two-year contract with its mining union at Cerro Bayo in Chile, ending a strike that began last month.
Read moreGold Gets Slight Lift From U.S. Jobs Report
Kitco News – Gold prices are moderately lower in early U.S. trading Thursday. A neutral to slightly bullish U.S. jobs report did lift the yellow metal up from its daily low, which saw prices hit a 3.5-month nadir. Investor risk appetite is on the upswing late this week, which is bearish for safe-haven gold.
Gold Weaker, at 3.5-Mo. Low; U.S. Jobs Data Lifts Prices from Daily Low
Gold prices are moderately lower in early U.S. trading Thursday. A
Read moreU.S. Economy Created 223K Jobs In June
Kitco News reports on U.S. nonfarm payrolls report for June
Read moreRBC Gives ‘Overweight’ Rating To Precious-Metals Sector
RBC has upgraded its weighting for shares of precious-metals companies but downgraded those for base metals.
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