Physical gold demand falls in 1Q; investment may fuel rally to $1,800/oz – Refinitiv
(Kitco News) – Physical demand for gold – consisting of jewelry, industrial uses, central-bank purchases and retail buying of bars and coins – fell by 26% year-on-year to 753 metric tons in the first quarter, the lowest level since 2009, as high prices led the drop in consumption, said Refinitiv Thursday.
Yamana Gold posts 1Q profit, hikes dividend, trims production guidance
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Thursday that it doubled its adjusted profit in the first quarter, upped its dividend and revised down 2020 production guidance due to mandated temporary mine closures resulting from the CO…
Read moreYamana Gold posts 1Q profit, hikes dividend, trims production guidance
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Thursday that it doubled its adjusted profit in the first quarter, upped its dividend and revised down 2020 production guidance due to mandated temporary mine closures resulting from the CO…
Read moreYamana Gold posts 1Q profit, hikes dividend, trims production guidance
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Thursday that it doubled its adjusted profit in the first quarter, upped its dividend and revised down 2020 production guidance due to mandated temporary mine closures resulting from the CO…
Read moreYamana Gold posts 1Q profit, hikes dividend, trims production guidance
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Thursday that it doubled its adjusted profit in the first quarter, upped its dividend and revised down 2020 production guidance due to mandated temporary mine closures resulting from the CO…
Read moreGold prices lose some ground as inflation pressures ease
(Kitco News) – Gold prices are off their highs but still holding on to gains as inflation pressures eased in line with expectations last month.
Read moreGold prices lose some ground as inflation pressures ease
(Kitco News) – Gold prices are off their highs but still holding on to gains as inflation pressures eased in line with expectations last month.
Read moreAnother 3.84 million Americans file initial U.S. jobless claims; gold remains softer
(Kitco News) – Another 3.84 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold did not move much, remaining $3.60 lower at $1,710.50 an ounce.
Read moreAnother 3.84 million Americans file initial U.S. jobless claims; gold remains softer
(Kitco News) – Another 3.84 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold did not move much, remaining $3.60 lower at $1,710.50 an ounce.
Read moreGold prices lose overnight gains as U.S. day session begins
(Kitco News) – Gold prices are posting decent gains in early U.S. trading Thursday, amid bullish outside markets that include a weaker U.S. dollar index and sharply higher crude oil prices.
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