Gold Slips Below Unchanged as U.S. Dollar Firms, Crude Oil Weakens
Once again on Wednesday the gold market is feeling the effects of the key “outside markets.” Gold prices were holding modest gains earlier, but have fallen below unchanged as the U.S. dollar index hit its daily high and crude oil prices dropped to the…
Read moreNow’s Not A Good Time, Tasiast Still Part Of Kinross’ Future
(Kitco News) – $1.4 billion dollar full-year loss wasn’t the focus yesterday, as the company released its fourth-quarter and full-year results after market close.
TD Securities: Peace Negotiations Between Ukraine And Russia To Add To Market Volatility
The European finance meeting regarding Greece’s future is not the only high-profile event that will garner market attention today, says Gennadiy Goldberg, U.S. strategist at TD Securities.
Gold Up on Short-Covering, Technical Bounce; EU-Greece Meeting Eyed
Gold is modestly higher in early U.S. trading Wednesday, supported on a short-covering and technical correction following recent selling pressure that drove prices to a four-week low earlier this week.
Read moreFed Speaks But Old Man Winter Speaks Louder
The U.S. dollar edged higher and that helped knock gold down a bit
Read moreKinross Reports 4Q Loss Of $1.47 Billion; FY 2014 Loss Of $1.4 Billion
(Kitco News) – Kinross Gold Corp. (TSX: K)(NYSE: KGC) reported a net loss in the fourth quarter as impairment charges and write-downs stung the Canadian gold miner.
Read moreGold Ends Weaker On Bearish Outside Markets, Technical Selling
Gold prices ended the U.S. day session moderately lower Tuesday, pressured by a firmer U.S. dollar index and solidly lower crude oil prices. The recent deterioration in the chart postures for gold and silver markets have prompted some new technical se…
Read moreTriland Metals: Gold Seeing Good Physical Demand In Weaker Price Environment
Weaker prices have led to a “decent” in gold volumes on the Shanghai Gold Exchange. In fact, analysts at Triland Metals note that Tuesday’s volume of the exchange’s two physical contracts were at record highs.
Randgold To Grow Cash Flows As Peers Pull Back – CIBC
Analysts at Canadian bank CIBC see Randgold Resources Ltd.’s (NASDAQ:GOLD)(LSE:RRS) continuing to generate significant cash flow, as efficient cost reductions and intelligent project development are bearing fruit.
Indian Trade Ministry Wants To Reduce Gold Tariffs
(Kitco News) – According to recent media reports, there is some pressure within the Indian government to reduce tariffs on gold imports.
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