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Trade Wars, Negative Bond, Growing Debt; There Are Plenty Of Reasons To Hold Gold – State Street

(Kitco News) – Gold investors may have been disappointed with the Federal Reserve’s monetary policy decision Wednesday, but it is no reason to abandon the yellow metal, according to one market strategist.

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Quebec Iron Ore Miner Triples Income In Q2

(Kitco News) – Four years ago Champion acquired Bloom Lake from troubled Cliff Natural Resources for $10.5 million.

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Gold Prices Jump After President Trump Announces New 10% Tariff On China

(Kitco News) – The gold market is seeing some renewed interest and is close to unchanged on the day as President Donald Trump fires another salvo in the U.S. trade war with China.

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Gold, Silver Bulls Recover Part Of This Week’s Solid Losses

(Kitco News) – Gold and silver markets have taken back some of the steep losses seen over the past 24 hours, with gold getting back about half.

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Gold Trading Activity Hits 18-Month High In June Says London Bullion Market Association

(Kitco News) – Action in the gold market picked up significantly in June as prices saw their best monthly gains in three years, according to the latest trading data from the London Bullion Market Association (LBMA).

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Gold Recovers Some Losses As Bargain Hunters Step In

(Kitco News) – Gold prices have gotten back some of the steep losses experienced over the past 24 hours. Bargain hunters have stepped in, reckoning this is just another normal downside price correction amid an uptrend that is still in place on the dail…

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Gold Prices Tick Up As U.S. ISM Manufacturing Index Misses Expectations

(Kitco News) – Gold prices saw an uptick following a miss in the headline manufacturing index from the Institute for Supply Management, which came in 51.2 in July.

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Lower Costs, Higher Gold Price Drive Alamos Q2 Earnings

(Kitco News) – Improved margins due to higher gold prices and reduced costs helped deliver broad-based gains for Alamos Gold (NYSE: AGI, TSX: AGI) in the second quarter, the company said in its latest earnings report.

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New Gold Reports Adjusted Net-Loss Of $7 Million In Q2

(Kitco News) – Junior gold producer New Gold (NYSE: NGD, TSX: NGD) is on track to hit its year-end target after reporting second quarter production of 132,556 gold equivalent ounces.

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A Drop Below $1,400 In Gold Could Signal Correction: MKS PAMP GROUP

(Kitco News) – If gold prices drop below the $1,400 an ounce level, the metal is going into correction territory, MKS PAMP GROUP writes.

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