Paulson’s note conversion gives him 44% of Midas Gold
(Kitco News) – Paulson & Co. said Wednesday it will exercise the conversion note on its Midas Gold (TSE:MAX) convertible notes giving Paulson 44% of Midas.
Gold price to test this key level before rallying towards $2,700, says Credit Suisse
(Kitco News) – The gold rally is taking a breather with buyers and sellers playing the range game as gold bounces between $1,920 and $2,000 an ounce for the past two weeks.
Read moreAttention is turning to platinum as gold price trades below $2,000 an ounce – Commerzbank
(Kitco News) – As gold consolidates above $1,920 an ounce but struggles to re-take the key psychological level of $2,000, investors are turning their attention to platinum, according to Commerzbank.
Read moreWestern markets dominate Swiss gold exports for 5th month in a row in July: Metals Focus
(Kitco News) – Swiss gold exports were mostly directed at western markets, especially the U.S., for the fifth month in a row in July, says Metals Focus.
Read moreGold, silver bulls step in to buy the dips, amid price uptrends
(Kitco News) – Gold and silver prices are solidly up in midday U.S. trading Wednesday, as bullish traders once again did some perceived bargain hunting and stepped in to buy the early price weakness seen in both metals.
Read moreInvestors jump into gold, price up 1% as tensions between China and U.S. increase
(Kitco News) – Rising geopolitical tensions between the U.S. and China are giving gold a boost late Wednesday morning as prices have pushed well off their session lows.
Israeli teens discover treasure of 1,100-year-old gold coins
(Kitco News) – Israeli archeologists are celebrating the discovery of a treasure trove of Islamic gold coins that are around 1,100 years old.
Read moreGold price consolidation could last for months, deeper pullbacks not ruled out: TD Securities
(Kitco News) – Gold could see months of consolidation before resuming its uptrend, according to TD Securities.
Read moreGold price weighed down by strong rise in U.S. durable goods
(Kitco News) -Stronger-than-expected momentum in the U.S. manufacturing sector is expected to weigh on gold prices even as the market struggles to find upside traction.
Gold price eases amid global equities gains
(Kitco News) – Gold prices are near steady in early U.S. trading Wednesday, while silver trades modestly up.
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