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$600 million flowed out of GLD last week, but here’s the bigger picture

(Kitco News) – $600 million flowed out of GLD last week, but here’s the bigger picture

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Breakeven entry point for gold bulls is $1,440 – TD Securities

(Kitco News) – Gold prices are showing resilience in the light of extended long positions, but the near-term direction could still be down, according to TD Securities.

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U.S. Weekly Jobless Claims rise by 14K as gold prices trade near daily highs

(Kitco News) – The initial weekly jobless claims increased to 225,000 in the week to Saturday, disappointing the markets.

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Gold at daily highs as U.S. PPI beats expectations in October

(Kitco News) – Gold prices were trading steadily in the green after producer inflation pressure in the U.S. came in above expectations in October.

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Gold prices gain as investor risk appetite wanes

(Kitco News) – Gold and silver prices are higher in early U.S. trading Thursday. Trader and investors risk aversion has upticked as the week progresses and that’s benefitting the safe-haven metals.

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Bitcoin daily chart alert – Bears have the advantage – Nov. 14

(Kitco News) – Bitcoin-U.S. dollar prices are again weaker in early U.S. trading Thursday.

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World’s largest miner announces new CEO

(Kitco News) – Henry was born in Canada and has a Bachelor of Science (Chemistry) from the University of British Columbia.

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Uranium-battery metals junior reduces headcount

(Kitco News) – Citing difficult market conditions, Aura Energy (ASX:AEE) is reducing its headcount and undertaking other cost cuts.

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Harmony Gold powers through reduced grades

(Kitco News) – Despite reduced grade Harmony Gold Mining (JSE:MAR) said gold production for its underground operations quarter-on-quarter were 7% higher at 8,736kg.

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Mosaic drops 5% after downgrade

(Kitco News) – Fertilizer giant Mosaic (NYSE:MOS) dropped 5.7% Wednesday to $19.73 after JP Morgan re-rated the company from neutral to underweight.

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