Gold Modestly Up After U.S. Jobs Data that Met Market Expectations
Gold is firmer in early U.S. trading Friday, following the much-anticipated April jobs report that was pretty much in line with most market expectations.
Read moreU.S. Economy Creates 223K Jobs In April, Unempoyment Rate Steady At 5.4%
The U.S. labor market managed to regain some momentum last month, as the U.S. Labor Department released relatively in line nonfarm payrolls data, reversing March’s significant drop.
Read moreMore Record Silver Equivalent Production On Deck – Silver Wheaton CEO
(Kitco News) – Silver Wheaton Corp. (TSX:SLW)(NYSE:SLW) reported record first quarter 2015 silver equivalent production with more growth slated over the next two years.
Read moreU.S. Jobs Report To Drive The Markets
(Kitco News) – Traders and Investors are anxiously awaiting the U.S. employment report for April. Look for active trading in many markets this morning including gold and silver, but the market to watch will be the U.S. Dollar Index.
Read moreGold Down Amid Bearish Outside Markets; U.S. Jobs Report on Deck
Gold prices ended the U.S. day session moderately lower Thursday. A firmer U.S. dollar index and lower crude oil prices on this day worked against the precious metals market bulls.
Read moreGold Mining Companies In Dire Straits Not Seen Since Early 2000’s – Randgold CEO
(Kitco News) – It looks like gold mining companies are going through some of the ugliest times in the last 15 years as one leading mining executive said he has not seen the sector this bad in years.
Read moreAdd Some Sparkle To Your Mother’s Day Celebration
(Kitco News) – Kitco News has done it again, finding the perfect gift and just in time for Mother’s Day. Why not celebrate the day sipping a glass of ice-cold lemonade infused with gold flakes.
Gold Market Remains On Back Foot
For strategists at iiTrader, it is not a surprise that gold prices are falling further away from the $1,200 an ounce level Thursday morning. They add that prices should be higher after disappointing economic data released Wednesday.
Read moreWill Weak Employment Data Be Enough To Push Gold Higher?
(Kitco News) – Consensus forecasts heading into Friday’s U.S. nonfarm payrolls (NFP) report hasn’t changed but some analysts have said that expectations are building for the data to disappoint, which could ultimately be positive for the gold market.
First Majestic Reports Narrow Q1 Loss
First Majestic Silver Corp. (TSX:FR)(NYSE:AG) reports a net loss of $1.1 million, or 1 cent per share, during the first quarter of 2015, narrowing its loss of $64.6 million, or 55 cents per share during the fourth quarter of 2014.
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