Gold Prices Continue To Sell Off Friday
Gold prices continued to sell off in late-morning trading Friday, in the wake of an upbeat U.S. jobs report. A stronger U.S. dollar index and a rally in the U.S. stock market were negative outside market forces working against the precious metals Frida…
Read moreGold Down Sharply, Hits 3-Week Low, in Wake of Upbeat US Jobs Report
(Kitco News) – Gold prices are moderately lower and hit a three-week low in early U.S. trading Friday, selling off in the wake of a U.S. jobs report that was a bit better than expectations. April Comex gold was last down $11.30 at $1,251.50 an ounce. March Comex silver last traded down $0.19 at $17.01 an ounce.
U.S. Economy Creates 257K Jobs In January, Strong Revisions In November, December
(Kitco News) – The labor market continued to show strong momentum as the U.S. Labor Department released a stronger-than-expected nonfarm payrolls report for January.
Read moreThe 6PM Recap With Gary Wagner: Twisting And Spinning
As the dollar and the euro continue to engage in a high-spirited dance, today saw the greenback fall dramatically. This was an indication that the Greek financial predicament “feels” solved.
Gold Weaker Amid Choppy Trading; U.S. Jobs Report On Deck
Gold prices ended the U.S. day session modestly lower in quieter dealings Thursday. Trading this week has been choppy as many traders and investors were treading water ahead of the key U.S. employment situation report Friday morning. April Comex gold…
Read moreNatixis: Higher Tariffs Hurting Indian Gold Demand
According to data compiled by Natixis, gold imports into India reached 523 tonnes in 2014, a decline of 27% compared to 2013.
Read moreTraders, Analysts Look Back As CME Plans To Close Most Trading Pits
(Kitco News) – Nostalgia is strong throughout financial markets Thursday as traders react to news that CME Group will close most open outcry trading floors in Chicago and New York on July 2.
Read moreCenterra, Premier Gold Partner Up On Trans-Canada Property
Centerra Gold Inc. (TSX:CG) and Premier Gold Mines Ltd. (TSX:PG) have formed a 50/50 partnership agreement to develop Premier Gold’s Trans-Canada Property, located in the Geraldton-Beardmore Greenstone Belt in Ontario.
Carlisle Goldfields’ Lynn Lake Gold Camp Still Has Room To Grow
(Kitco News) – Carlisle Goldfields Ltd. (TSX:CGJ) will be working on developing, and exploring, its Lynn Lake gold camp in 2015, potentially adding to a positive optimized Preliminary Economic Assessment (PEA) is very possible, said a company executive.
Read moreWhat You Need To Know About The ECB Decision: BBH
(Kitco News) – The European Central Bank (ECB) has taken a strong stand in potential negotiations with Greece as the country tries to renegotiate the repayment of its bailout loans and austerity measures.
