Latest gold & precious metals news
Morning Gold Market Report
The gold market seems to have a positive tilt in the early action this morning and for some that would seem to suggest that gold traders are anticipating a generally supportive US payroll result. However, the gold market might be cushioned against some US macro economic disappointment, as the overnight global news flow and equity market action was mostly up beat.
Canadian Markets: Non-gold miner stocks boost Canadian market
Gold-mining stocks are major drag on broader market as prices fall.
METALS OUTLOOK: Uncertain Outlook For Gold Prices Next Week; Fed Mtg Could Influence Direction
(Kitco News) - Gold prices could retreat a bit next week following five weeks of gains, but overall market watchers said any correction by the yellow metal next week should be light and short-lived, as the overall trend for gold remains higher. Prices fell on Friday and were mixed on the week. The most-active April ...
Gold & Silver Market Morning
New York closed at $1,759.20 up $15 on the previous close. Asia held it there overnight before London lifted it to at Fix to $1,759.50 up $12. In the euro it was fixed at€1,335.484 while the euro was at $1: $1.3175.
A.M. Kitco Metals Roundup: Comex Gold Trades Near Steady As U.S. Jobs Data Awaited
(Kitco News) -Comex April gold futures prices are trading near unchanged in early U.S. trading, as the market place awaits what is arguably the most important U.S. economic report of the month: the employment situation report. Gold prices did hit a fresh two-month high overnight as bulls remain very strong on a near-term technical basis. ...
Lone Star Gold, Inc. Company Information Now Available Through S&P Capital IQ's Market Access Program
ALBUQUERQUE, NM-- - Lone Star Gold, Inc. is pleased to announce that its Company information is now available through S&P Capital IQ's Market Access Program. The Market Access Program information distribution ...
Retiring Fund Manager Johnson Took Three-Pronged Approach To Investing In Gold Stocks
(Kitco News) - Longtime fund manager Mark Johnson has taken a three-pronged approach to selecting gold-mining stocks???looking at how shares would fare in both bear and bull markets, plus studying valuations.?? He sees gold's primary role in an investor's portfolio as "insurance," although with potential for capital appreciation in the current macroeconomic environment. Johnson is ...
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Gold Price Slips on Strong U.S. Jobs Report
GOLD PRICE NEWS – The gold price fell $8.35, or 0.5%, to $1,751.47 per ounce Friday morning as the January U.
Gold Prices Sink After Spike in January Jobs (Update 3)
NEW YORK (TheStreet ) -- Gold prices ended Friday with a thud after the U.S. reported a positive January jobs report. Gold for February delivery closed down $19 to $1,740.30 an ounce at the Comex division of the New York Mercantile Exchange and were continuing their declines in after hours trading. The gold price has traded as high as $1,765.90 and as low as $1,735.50, while the spot gold price ...
Gold Prices Pop Despite Firmer Dollar
NEW YORK (TheStreet ) -- Gold prices shrugged off a stronger U.S. dollar Thursday and broke through key technical levels. Gold for April delivery added $9.80 to close at $1,759.30 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,763.80 and as low as $1,743.30 an ounce while the spot price was adding $13, according to Kitco's gold index ...
Gold price fall $18 an ounce
NEW YORK, Feb. 3 (UPI) -- The price of gold lost $19 an ounce Friday to settle at $1,740.30 on the Comex division of the New York Mercantile Exchange.
The Gold Price & Gold Investment
After appreciating that to invest in gold is to preserve one’s capital and purchasing power before chasing any potential capital appreciation, investors need to understand another critical issue within gold investment.
Gold demand stays low, traders await price cues
MUMBAI (Reuters) - Gold demand in India, the world's biggest buyer of bullion, stayed poor on Friday, with traders awaiting cues for price direction, as support from overseas markets was offset by a stronger ...
Gold Price Increases Following Federal Reserve Rate Announcement
Following Wednesday's announcement by the Federal Reserve that interest rates would likely stay near zero in the coming two years, the price of gold surge to its highest price in four months.
Newcrest CEO Says Gold Price To Remain Strong For Years
The price of gold is likely to remain strong and trade in a range of US$1,500 to US$2,500 an ounce in the years ahead, the chief executive of Newcrest Mining Ltd. (NCM.AU) told an industry luncheon Thursday.
Gold Price Holds Firm as Jobless Claims Fall
GOLD PRICE NEWS – The gold price hovered near unchanged Thursday at $1,747 per ounce amid relative calm in financial markets.
Gold & Dollar on the Move to start a Groove
Between 1980 and 2000, the gold price movement was dominated by a downtrend, whereas a so-called BREAKOUT had already begun in 1993 when the price broke above the upper-most "blue triangle" leg at approx. $350 per ounce.
