ADP Shows 169K Private Sector Jobs Created In April
(Kitco News) – U.S. companies further slowed the pace of hiring in April, remaining falling wellow 200,000 for the second month, according to the latest employment data released by payrolls processor ADP Wednesday.
Read moreGold Market Needs Fresh Geopolitcal Uncertainty
(Kitco News) – Gold and silver prices are modestly lower, Wednesday morning. The bears remain in firm near-term technical control of both markets. What the gold market needs is a douse of fresh bullish geopolitical uncertainty.
Kinross Reports Net Loss Of $6.7 Million For Q1 2015
(Kitco News) – Kinross Gold Corporation (NYSE: KGC)(TSX:K) reported a net loss of $6.7 million or one cent per share for the first quarter of 2015, down compared to net earnings of 34.1 million or three cents per share reported during the quarter in 2…
Read moreGold Appreciates The Lower Dollar
The U.S. dollar traded lower today, giving gold almost all of its upward movement.
Read moreGold Supported By Bullish “Outside Market” Forces
(Kitco News) – Gold prices ended the U.S. day session moderately higher Tuesday, boosted by a lower U.S. dollar index and higher crude oil prices. More short-covering in the futures and bargain hunting in the cash market were featured. June Comex gold was last up $6.00 at $1,192.10 an ounce. July Comex silver was last up $0.10 at $16.525 an ounce.
Gold Market Range Bound, Suffering From Apathy – ANZ
(Kitco News) – The strong apathy sentiment in the gold market could come to an end on Friday as the U.S. nonfarm payrolls report is expected to provide much needed direction says one commodity analyst.(Kitco News) – The strong apathy sentiment in the …
Read moreRisks Are For Gold To Rally On Disappointing Employment Numbers – TDS
With markets preparing for April’s nonfarm payrolls report Friday, it is not surprising that gold has been unable to break above $1,200 an ounce Tuesday, says Bart Melek, head of commodity strategy at TD Securities.
ISM Non-Manufacturing Index Rises To 57.8% In Apri
(Kitco News) – The U.S. service sector gained some momentum in April, the Institute for Supply Management said Tuesday.
Read moreCoeur Mining Reports Net Loss of $33.3 Million In First Quarter
(Kitco News) – Coeur Mining Inc. (NYSE: CDE) reported a net loss of $33.3 million, or $0.32 per share, for the first quarter of 2015, up from a net loss of $37.2 million, or $0.36 per share, reported in the fourth quarter of 2014.
Read moreGold Up on More Short Covering, Bargain Shopping
(Kitco News) – Gold prices are moderately higher in early U.S. trading Tuesday, with buying interest accelerating just after the Comex futures market opened.
