U.S. Weekly Jobless Claims Rise To 304K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 25,000 to a seasonally adjusted 304,000 during the week to Saturday, the Labor Department said Thursday.
Read moreU.S. Advance Retail Sales Fall 0.8% In January
(Kitco News) – Despite strong optimism, U.S. consumers bought fewer products last month, according to the latest data from the U.S. Census Bureau.
Read moreGold Firmer on Short-Covering, but Risk-On Attitudes Limit Upside
(Kitco News) – Gold is modestly higher in early U.S. trading Thursday, supported on a short-covering bounce from Wednesday’s selling pressure.
WGC: Gold Market Finds Balance In 2014
(Kitco News) – The best way to describe the gold market in 2014 was it was a year of stabilization, according to the latest research from the World Gold Council (WGC).
Read moreAgnico Eagle Posts 4Q Loss; Back To Full-Year Profit
(Kitco News) – Agnico Eagle Mines Ltd. (TSX:AEM)(NYSE:AEM) reported a net loss in the fourth-quarter of 2014, but swung back to profit in its full-year results.
Read moreNew Leadership At The Royal Canadian Mint
There is new leadership at the Royal Canadian Mint as the Canadian government appointed a new chairman and master of the mint.
Read moreGold Hits 4-Week Low On Bearish Outside Markets, Chart-Based Selling
(Kitco News) – Gold prices ended the U.S. day session lower and notched a four-week low Wednesday. The precious metals were under selling pressure from a strong U.S. dollar and a resumption of the decline in crude oil prices. Technical selling pressure has also been featured recently, as the near-term chart postures for both gold and silver have deteriorated. April Comex gold was last down $12.80 at $1,219.30 an ounce. March Comex silver last traded down $0.103 at $16.765 an ounce.
Does Our Sewage Waste Contain The Next Gold Rush?
(Kitco News) – According to the latest research from Arizona State University, we could be looking to our toilets for the next major gold discovery.
Read moreTwo Guards Killed At B2Gold’s Masbate Project
B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG) says two security guards were shot to death at the companyâ??s Masbate Gold Project (MGP), located in the Philippines.