Latest News

Near Steady on Chart Consolidation; Prices Hit 3-Month High Overnight

Gold prices are trading not far from unchanged in quieter dealings Monday morning. The yellow metal did poke to a three-month high in Asian and European trading Monday.

Production Stalls Driving Dollar Down And Gold Up

Factory production stalled significantly in April, as American manufacturers deal with blows that range from a strong dollar to cheap oil.

Gold Traders Watching To See If Pressure On U.S. Dollar Resumes

Precious metals traders will be watching next week to see if U.S. economic data remains soft and continues to pressure the dollar. If so, that could help gold build upon its recent gains.

Gold Rally Could Be Over As Quickly As It Started – Triland Metals

After disappointing retail sales numbers earlier this week and softer-than-expected regional manufacturing data on Friday, Christopher Vecchio,

Clear Majority In Gold Survey See Higher Prices Next Week

Weaker U.S. data this week has propelled gold higher and both Wall Street and Main Street, in the Kitco Weekly Gold Survey, see higher prices next week as the market prepares to close above $1,200 an ounce.

Can Stabilizing Oil Prices Help Gold As Inflation Hedge?

Commodity analysts are mixed as to whether or not the gold market will benefit from potential inflation pressures as oil prices appear to stabilize around $60 a barrel.

Gold, Silver Seeing Corrective Pullbacks, But Are Postive For The Week

If Canadian Producers Can’t Turn Profit Now, They Can’t Period – St Andrew Goldfields CEO

A weak Canadian dollar has given some Canadian gold producers something to smile about, but if they’re not turning a profit in this environment, then they likely won’t at all, said a gold mining executive.

Empire State Manufacturing Index Rises To 3.1 In May

The manufacturing sector in the New York region is finding some momentum this month, reversing some of the weakness in April but still coming in below expectations, according to the latest data from the New York Federal Reserve.

Gold Sees Corrective Pullback following Recent Gains

Gold Sees Corrective Pullback following Recent Gains