Gold Sees Modest Rally as U.S. Dollar Index Weakens
(Kitco News) – Gold prices have firmed up after trading near steady levels in earlier dealings. The yellow metal pushed higher and to its daily high at the same time the U.S. dollar index weakened and fell to its daily low. A slight downturn in the U.S. stock indexes is also mildly supportive for the gold market. April gold was last up $5.00 an ounce at $1,213.00.
Gold Near Steady; Fresh Fundamental Inputs Awaited
(Kitco News) – Gold prices are trading near steady levels in early U.S. trading Tuesday. It’s a quieter marketplace so far today, and many other markets are also hovering near unchanged levels. The key “outside markets”—the U.S. dollar index and crude oil—are also not straying far from steady. April Comex gold was last down $0.50 at $1,207.70 an ounce. May Comex silver was last up $0.009 at $16.46 an ounce.
Women’s Group Embarks On World Tour, Opening Exchanges To Promote International Women’s Day
In honor of International Women’s day and to raise awareness of women’s roles in public companies, Women’s ETF, the first women’s group for the ETF market, will be ringing the opening bell on eight exchanges worldwide until March 12.
Tis The Season Again
After some initial physical demand in Asian markets, gold quickly backtracked
Read moreCanada Leads Buying Of Mining, Mineral Assets, Near-Top In Value – Ernst & Young
(Kitco News) – According to a report by Ernst & Young, Canada was the global leader in buying mining and metals assets, in terms of volume, in 2014.
Eldorado Gold Confident Greek Project Will Move Ahead Despite Revoked Approval
Eldorado Gold (TSX: ELD) (NYSE: EGO) says Monday that plans to develop its Skouries Project, operated by its Greek subsidiary, Hellas Gold SA, will continue, despite the fact that the Greek government has revoked the approval required to complete the final construction of the projectâ??s processing plan
Gold Ends Weaker on Firmer U.S. Dollar, Technical Selling
Gold prices ended the U.S. day session modestly lower Monday. Early gains gave way to selling pressure at mid-morning as the U.S. dollar index pushed higher and to its daily high. The still-bearish overall chart posture for gold also encouraged seller…
Read moreSpeculators Continue To Shed Gold Futures But At Slower Pace – CFTC
(Kitco News) – Speculative traders continue to be bearish the gold market but the pace of selling appears to be slowing, according to the latest data from the Commodity Futures Trading Commission.
Read more$3 Billion In Junior Companies Working Capital To Vanish – John Kaiser
(Kitco News) – While there is still hope within the junior resource sector, John Kaiser, founder of Kaiser Research, isn’t painting a pretty picture for some companies.
Gold Weakens on Technical Selling Pressure, Firming U.S. Dollar Index
Gold prices have backed off from their daily highs and are trading modestly lower in late-morning dealings Monday. The yellow metal started losing altitude when the U.S. dollar index rallied above unchanged and traded near its session high. The overal…
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