Gold Backs Down Amid Warmer U.S. CPI, Profit Taking
(Kitco News) – Gold prices are near steady in midday U.S. trading Thursday, and near daily lows. Some profit taking by the shorter-term futures traders is featured today, following this week’s good gains.
Gran Colombia Hikes 2019 Gold-Output Guidance
(Kitco News) – Gran Colombia Gold Corp. (TSX: GCM) hiked its production guidance Thursday, now projecting 2019 output of 225,000 to 240,000 ounces of gold.
Read moreGold Loses Altitude On Profit Taking
(Kitco News) – Gold prices have backed well down from their session highs and are near unchanged on the day, in late-morning trading Thursday.
Read moreGold Prices Well Supported – BlackRock
(Kitco News) – Gold prices should remain supported in an environment of falling real interest rates, according to the world’s largest asset management firm.
LIVE: Fed Chair Jerome Powell Testifies Before The Senate Banking Committee
(Kitco News) – LIVE: Fed Chair Jerome Powell Testifies Before The Senate Banking Committee
Read moreSSR Mining CEO: Production On Pace To Meet Or Beat Guidance
(Kitco News) – The chief executive of SSR Mining Inc. (Nasdaq, TSX: SSRM) said Thursday that the company is on track to meet or beat its production guidance for 2019.
Read moreGold To Be Supported By Monetary Policy, Central-Bank Buying – WGC
(Kitco News) – The World Gold Council (WGC) looks for gold prices to remain strong this year due to expectations for softer monetary policy and continued central-bank buying.
Read moreGold Prices Down Following Hotter Than Expected June CPI Data
(Kitco News) – Gold is seeing some selling pressure but prices continues to hold above $1,400 after inflation came in slightly hotter than expected last month; however, some analysts have said that the inflation data is not enough to shift the current …
Read moreU.S. Weekly Jobless Claims Fall to 209K
(Kitco News) – Initial weekly U.S. jobless claims fell by 13,000 to a seasonally adjusted 209,000 in the week to Saturday, the Labor Department reported Wednesday.
Read moreWesdome: Gold Production On Pace To Top 2019 Guidance
(Kitco News) – Wesdome Gold Mines Ltd. (TSX: WDO) said Tuesday that the company is on pace to exceed its 2019 production guidance.
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