Gold Struggling To Break Range, Headed Into Weakest Quarter – Barclays
As gold struggles to break its range, Barclays analysts say that the metal is headed into its hardest quarter yet.
Read moreAustralia Q1 Gold Production Dips; Lower Grade, Throughput – Surbiton
Australian gold production was lower in the first quarter of 2015, dropping 5 tonnes, or 7%, to 69 tonnes, according to a survey of the Australian gold mining industry by
Surbiton Associates Pty Ltd.
Barrick To Sell Cowal Mine For $550M
Barrick Gold Corp. (NYSE:ABX)(TSX:ABX) will sell its wholly owned Cowal mine, located in Australia, to mid-tier gold producer Evolution Mining Ltd. (ASX:EVN) for $550 million.
Read moreThe 6PM Recap With Gary Wagner: Economics Is The Jokey Science When It Comes To Gold
Everyone head for the bunkers. Pull down the metal shutters. The core CPI rose 0.3% in April, (although many would say it’s closer to 0.2% or even 0.1%).
Gold Market Remains Vulnerable To A Stronger U.S. Dollar – Analysts
Gold prices ended up Friday, just a few dollars off their weekly low, but managed to hold on to the $1,200 an ounce level as a stronger U.S. dollar and low liquidity in the marketplace created some week-end selling pressure, Friday.
Read moreMain Street Bearish On Gold While Wall Street Sees Higher Prices Next Week
Friday morning’s stronger than expected core inflation data helped drag down gold as talk of a possible July rate hike entered the marketplace.
Gold Slightly Up but Off Overnight Highs on Hotter Core CPI
Gold prices are slightly higher on a mild short-covering and bargain-hunting bounce Friday morning,
Read moreCore Pressures Rise 0.3% Outpacing Headline Inflation at 0.1% In April
Kitco News reports on the U.S. Consumer Price Index for April.
Read moreMarkets Quieter Heading Into Long Weekend
(Kitco News) – Gold prices are moderately higher in early U.S. trading, boosted By some short covering in the futures market and bargain Hunting in the cash market. A weaker U.S. dollar index On this day is also a positive for the precious metals mar…
Read moreThe 6PM Recap With Gary Wagner: Dollar Weakness Not Enough To Sneak Gold Past Trader Driven Losses
Despite a serious assist from U.S. dollar weakness, gold fell again today, embedding itself deeper into its seemingly unbreakable long-standing range.
Read more