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RCM Sees Increase In Gold, Silver Bullion Sales But Lower Revenues In Q1

The Royal Canadian Mint (RCM) continued to see strong demand for its gold and silver bullion products despite a drop in revenue in the first quarter of the year.

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Gold Ends Slightly Up on Short Covering, Weaker USDX

Gold prices ended the U.S. day session with slight gains Thursday.

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Canadian Mining Eye Index Down; More Challenges Ahead For Miners – EY

Ernst & Young’s Canadian Mining Eye index reported a 1% decline during the first quarter three months of 2015, but it was a quarter-over-quarter improvement from the 12% drop during seen in 2014’s fourth quarter.

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Gold Still Looks Good In Environment Of Systemic Instability – Merk

One fund manager said that gold still represents the easiest insurance vehicle to protect your portfolio in an environment of growing political and economic instability because of poor fiscal policies.

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Austrian Central Bank To Repatriate Gold From London; Not Related To Potential Brexit

The Austrian Central Bank, Oesterreichische Nationalbank (OeNB), is the latest to jump into the gold market, releasing plans to repatriate its gold from London.

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Gold Softens as U.S. Dollar Index Pushes Higher

Gold prices are trading modestly lower and near the daily low in late-morning dealings Thursday.

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U.S. Pending Home Sales Rise 3.4% In April, Hit 9-Year High

(Kitco News) – The number of consumers who started the process of buying a home increased in April, rising for the fourth consecutive month, according to the latest data from the National Association of Realtors (NAR).

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U.S. Weekly Jobless Claims Rises To 282K

First-time weekly jobless claims in the U.S. rose by 7,000
claims to a seasonally adjusted 282,000 during the week to Saturday, the Labor
Department said Thursday.

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Gold Near Steady, Fresh Inputs Awaited

Gold prices are again holding near unchanged levels in early North American trading.

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Greek-EU/IMF Debt Talks In Focus

Gold and silver prices Are near steady in early North American dealings. Fresh fundamental Inputs are awaited. Reports overnight said hedge funds are showing more interest in adding gold and silver to their portfolios, and especially silver. A Bank o…

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