Gold is ‘one of most undervalued’ assets on the market – Elliot Management
(Kitco News) – Gold is “one of most undervalued” assets currently available, according to one American investment management firm.
Read moreGold fundamentals ‘have never been stronger’; higher prices ahead – CFRA
(Kitco News) – Investment research firm CFRA is bullish on gold, saying the macroeconomic backdrop may be the strongest ever amid the global COVID-19 pandemic, with higher prices also boding well for the bottom lines of producers.
Read moreFed’s Powell sends gold price on rollercoaster ride, dismisses idea of negative rates
(Kitco News) – The gold market went on a 30-minute rollercoaster ride as traders listened to the latest comments from Federal Reserve Chair Jerome Powell.
Read moreBMO: Strong ETF demand underpinning gold prices
(Kitco News) – Investors continue piling into gold-backed exchange-traded funds, thereby putting a floor under prices, said BMO Capital Markets.
Read moreIamgold encouraged by drill results from Rouyn gold project
(Kitco News) – Iamgold Corp. (NYSE: IAG; TSX: IMG) said Wednesday that assay results from a drilling program on the Rouyn gold project in Quebec were “positive.”
Jaguar Mining posts 1Q profit as gold production rises 28%
(Kitco News) – Jaguar Mining Inc. (TSX: JAG) reversed to a profit in the first quarter as revenue was boosted by higher output and gold prices, the company reported Wednesday.
Read moreGold prices ignore 1.3% drop in U.S. PPI in April
(Kitco News) – The gold market continues to hold on to gains above $1,700 but is seeing little market reaction to indications of significantly weaker inflation pressures on the horizon.
Read moreEndeavour Mining 1Q revenue soars on higher output, gold prices
(Kitco News) – Endeavour Mining (TSX: EDV) reversed to a profit in the first quarter as revenues rose by 78%, helped by both stronger production and a higher price of gold, the company announced Wednesday.
Read moreEndeavour Mining 1Q revenue soars on higher output, gold prices
(Kitco News) – Endeavour Mining (TSX: EDV) reversed to a profit in the first quarter as revenues rose by 78%, helped by both stronger production and a higher price of gold, the company announced Wednesday.
Read moreGold prices gain as bulls ponder U.S. rates below zero
(Kitco News) – Gold and silver prices are moderately up in early U.S. trading Wednesday.
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