Latest News

World’s Largest Mining Conference On Deck; What Are You Doing?

Oh hi, didn’t see you there.

Nonsense. I lied.

Gold 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.

Agnico 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.

U.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).

Correction: Chicago PMI Fall To 45.6 In February

(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, fell by 13.6 points in February to a reading of 45.8, according to a report released Friday.

Gold Hovers Near Steady; U.S. GDP Data a Non-Event

Gold prices are not straying far from unchanged levels in early U.S. trading Friday.

Preliminary U.S. GDP Rises 2.2% In The Fourth Quarter

(Kitco News) -In line with expectations, the U.S. economy lost more momentum in the final three months of 2014, according to the Department of Commerce’s preliminary gross domestic product data. 

Battle Royale

An epic battle was joined between a rising dollar

UBS Chinese Gold Demand Nothing Exceptional After Lunar New Year

Chinese markets reopened earlier this week, following a week-long Lunar New Year Celebration, and renewed interest in Asian is helping to support the gold market, said analysts at UBS in a research note published Thursday.