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Explaining The Irrationality In Today’s Gold Prices

Gold Outlook Remains Uncertain Ahead of Fed Meeting And Weak Q1 GDP – Analysts

Unable to recover from strong selling mid-week, gold prices are ending Friday at its lowest point since mid-March; with the Federal Reserve expected to be tight-lipped next week, analysts are uncertain if prices will be able to bounce higher in the ne…

Main Street Bearish On Gold Next Week, Wall Street Undecided

After gold prices hit a five-week low Friday, a clear majority of Kitco readers expect to see more weakness next week, while market experts are split down the middle.

Newmont Posts Higher Q1 Profit; Project Pipeline Poised For Growth

(Kitco News) – Newmont Mining Co. (NYSE:NEM) put together another solid quarter as the company boosted year-on-year profit and set measured production growth from their production pipeline.

Rough Week For Mining Stocks; Lots Of Losses

(Kitco News) – A slow news week and selective data points, which the gold market decided to react to, was matched with a pretty dismal week for mining stocks.

U.S. Durable Goods Orders Rise 4.0%, Core Goods Falls 0.2% In March

(Kitco News) – Despite a surging U.S. dollar, the nation’s manufacturing sector found some momentum in the transportation sector in March, according to positive durable goods orders data from the Department of Commerce Friday.

Gold Under Pressure from the Technical Sellers

Gold prices are moderately lower in early U.S. trading Friday.

The 6PM Recap With Gary Wagner: Gold Bounces On Near 1% Drop In Dollar

The U.S. dollar fell against a basket of world currencies as news from Europe prompted some analysts to guess that the Greek debt crisis will be resolved within the framework of the union. The dollar also dipped close to 1% on a bump in weekly unempl…

Newmont Posts Higher Q1 YoY Profit

(Kitco News) – Newmont Mining Co. (NYSE:NEM) reported net income of $175 million, or 35 cents per share, compared to $117 million, or 23 cents per share during last year’s first quarter.

Has China Doubled Its Gold Reserves? – IMF May Soon Find Out

(Kitco News) – Once again, speculation is cropping up regarding the size of China’s gold reserves and whether or not the People’s Bank of China has been bolstering its holdings in secret.