Gartman Breaks Down Impact of Jobs Report
(Kitco News) – The U.S. dollar is materially weaker this Monday morning following Friday’s weak employment number, says newsletter writer, Dennis Gartman in his Monday commentary. The numbers showed that the U.S. added only 126,000 non-farm payrolls jobs during the month.
Read moreGoldcorp Sells Stake In South Arturo Mine To Premier Gold
Goldcorp Inc. (TSX:G)(NYSE:GG) sold its 40% stake in the San Arturo mine, located in Nevada, to Premier Gold Mines Ltd. (TSX: PG) for $20 million in cash and a 5% interest in the Rahill-Bonanza joint venture in Red Lake, Ontario. Barrick Gold Corp.
Read moreAre Gold Bulls Carving Out A Major Bottom Pattern?
(Kitco News) – Gold prices surged higher in early Monday trading boosted by Friday’s weaker-than-expected U.S. employment report, which triggered expectations that Federal Reserve interest rate hikes could be pushed out even farther than previously expected.
Read moreGold Pops to 5-Week High in Reaction to Downbeat U.S. Jobs Report Friday
(Kitco News) – Gold prices are solidly higher and hit a five-week high in early U.S. trading Monday, following last Friday’s much-weaker-than-expected U.S. employment report.
Read moreU.S. Economy Creates 126K Jobs In March, Lower Revisions For February and January
(Kitco News) – The U.S. labor market cooled significantly last month, as the U.S. Labor Department released a weaker-than-expected nonfarm payrolls report, dropping below 200,000.
Read moreGold And Other Investments Struggle To Find Direction
Read moreU.S. Employment Data To Drive Gold Next Week – Analysts
U.S. employment data is expected to dominate the gold market next week as traders and investors shift opinions back and forth for when the Federal Reserve is expected to pull the trigger on eventual rate hikes.
Read moreUnique Golden Gift Ideas For Easter
According to a recent survey from the National Retail Federation (NRF), consumers are expected to spend more than $140 on gifts during the Easter holiday.
Read moreWill Impact of Fed Rate Hikes Spillover To Asia? – Nomura
A bank survey reveals that most participants expect a Federal Reserve rate hike to occur in September, and the impact will be less than that of the “taper tantrum” in 2013.
Read moreGold Down on Correction from Gains Wed.; U.S. Jobs Report on Deck
Gold prices ended the U.S. day session moderately lower Thursday, on a downside technical correction from the sharp gains seen Wednesday. June Comex gold was last down $7.40 at $1,200.80 an ounce. May Comex silver was last down $0.349 at $16.71 an oun…
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