Gold prices sell off but anything above $1,450 is still a buying opportunity – analysts
(Kitco News) – Gold prices continue to trade under pressure as positive trade headlines are feeding investors’ risk-on appetite, but any dips towards $1,450 will still be viewed as buying opportunities in gold, according to analysts.
Read moreFirst Majestic reports 46% increase in earnings in Q3
(Kitco News) – It started with near record production in the third quarter and now First Majestic is reporting a 46% increase in its third quarter earnings.
Read moreA drop below $1,480 could signal gold is running out of steam – TD Securities
(Kitco News) – The $1,480 level is the key to watch at the moment, says TD Securities. “Traders are watching the $1,480/oz range, which has held over the past few weeks, as a break below could imply to the collective psyche that the recent price streng…
Read moreKirkland Lake hits record earnings on higher gold production, prices
(Kitco News) – The higher gold price continues to drive strong earnings for gold miners after Kirkland Lake reported a record earnings per share in the third quarter.
Read moreKinross Gold on target to meet 2019 gold production guidance
(Kitco News) – Kinross Gold was on target to meet its production guidance for the year and could hit the low end of its production cost of sales guidance, the company said in its third quarter earnings report.
Read moreU.S. Weekly Jobless Claims drop by 8K as gold prices trade under pressure amid risk-on sentiment
(Kitco News) – The initial weekly jobless claims dropped to 211,000 in the week to Saturday, slightly beating market expectations.
Read moreGold prices pressured as global equity markets rally
(Kitco News) – Safe-haven gold prices are moderately down in early U.S. dealings Thursday. The precious metals bulls continue to be hamstrung by rallying world stock markets that saw the U.S. indexes score record highs again overnight.
Read moreBitcoin daily chart alert – Collapse in volatility means bigger move just over horizon – Nov. 7
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. Recent price action has choppy, quiet and sideways.
Read moreGold at year-end: ‘Risk sell-off’ supports bullish price outlook — Orchid Research
(Kitco News) – A U.S. economic slowdown could trigger an equities sell-off into the year-end, boosting gold prices higher on a renewed flight to safety, according to Orchid Research.
Read moreGold sees moderate rebound from Tuesday’s losses
(Kitco News) – Gold prices are moderately higher at midday Wednesday, on an upside correction after suffering sharp losses Tuesday.
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