ADP Shows 212K Private Sector Jobs Created In February
(Kitco News) – U.S. companies further slowed the pace of hiring in February, adding to weakness seen at the start of the year, according to a report released by payrolls processor ADP Wednesday.
Not Quite Volatile But Almost
Read moreExploration Cuts Killing Miners’ Future – Brent Cook
(Kitco News) – The race to cut costs, with exploration seeing the biggest chop, will jeopardize the future of mining companies, according to Brent Cook, geologist and editor of the Exploration Insights newsletter.
Higher Prices Needed To ‘Reinvigorate’ Commodity Sector – BMO Survey
The majority of investors and corporate executives agree that higher commodity prices are needed to “reinvigorate” investor interest in the commodity sector, according to a survey of attendees at the BMO Global Metals and Mining Conference
Gold Ends Weaker in Choppy Trading; Fresh News Awaited
Gold prices ended a lackluster and two-sided trading session modestly lower Tuesday. It’s a quieter market place so far this week. Traders and investors are starting to look ahead to Friday’s U.S. jobs report, which is arguably the most important economic report of the month. April Comex gold was last down $4.80 at $1,203.40 an ounce. May Comex silver was last down $0.196 at $16.255 an ounce.
U.S. Mint Sees Lower Gold, Silver Coin Sales In February
Falling gold prices in February did not entice investors to buy bullion coins. Data from the U.S. Mint shows gold and silver coins sales down compared to the previous month and last year.
Read moreGold Sees Modest Rally as U.S. Dollar Index Weakens
(Kitco News) – Gold prices have firmed up after trading near steady levels in earlier dealings. The yellow metal pushed higher and to its daily high at the same time the U.S. dollar index weakened and fell to its daily low. A slight downturn in the U.S. stock indexes is also mildly supportive for the gold market. April gold was last up $5.00 an ounce at $1,213.00.
Gold Near Steady; Fresh Fundamental Inputs Awaited
(Kitco News) – Gold prices are trading near steady levels in early U.S. trading Tuesday. It’s a quieter marketplace so far today, and many other markets are also hovering near unchanged levels. The key “outside markets”—the U.S. dollar index and crude oil—are also not straying far from steady. April Comex gold was last down $0.50 at $1,207.70 an ounce. May Comex silver was last up $0.009 at $16.46 an ounce.
Women’s Group Embarks On World Tour, Opening Exchanges To Promote International Women’s Day
In honor of International Women’s day and to raise awareness of women’s roles in public companies, Women’s ETF, the first women’s group for the ETF market, will be ringing the opening bell on eight exchanges worldwide until March 12.
Tis The Season Again
After some initial physical demand in Asian markets, gold quickly backtracked
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