TDS: Gold To Test $1,200 An Ounce As Market Gives Back Its Gains
Gold has given back all of its gains Monday and there are signs that prices could continue to trend lower, says Steve Scacalossi, director, head of sales of global metals at TD Securities.
Read moreSeeThe Latest PDAC 2015 Coverage
Read moreNo Rush On Houndé Construction; Eyeing Lower Debt In 2015 – Endeavour Mining
(Kitco News) – Endeavour Mining Corp. (TSX:EDV) will not be rushing to begin construction at its Houndé Project, located in Burkina Faso, as the company eyes lowering its debt in 2015, according to a company executive
Read moreGold Futures End Four-Week Losing Streak, Analysts See $1,200 Holding Next Week
An early morning rally following a drop in fourth-quarter GDP growth, and disappointing manufacturing data from the Chicago region, helped gold prices end the week in positive territory, capping a four-week losing streak, according to some analysts.
Read moreWorld’s Largest Mining Conference On Deck; What Are You Doing?
Oh hi, didn’t see you there.
Nonsense. I lied.
Read moreGold Pushes Moderately Higher on Short Covering, Bargain Hunting, Bullish Outside Markets
Gold prices rallied to their daily highs in late-morning trading Friday. The metal was lifted to moderate gains on some short covering and bargain hunting, much of which was likely prompted by the key “outside markets”
being in a bullish posture for t…
BAML: Gold Market Is Stabilizing
Despite downside risks to the gold market, analysts at Bank of America Merrill Lynch remain optimistic that prices will continue to stabilize this year.
Read moreAgnico Eagle Has A Strong Week
(Kitco News) – The precious metals earnings blitz has calmed, and it was a bit of a mixed bag. Analysts, and journalists alike, openly wondered whether having all results bunched together is a cruel joke. I’m convinced it is.
Read moreU.S. Pending Home Sales Rise 1.7% In January
(Kitco News) – The number of consumers who started the process of buying a home increased in January, reversing some of the weakness in December, according to the latest data from the National Association of Realtors (NAR).
Read more