Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
Spanish Mountain Gold (SPA) advances toward Feasibility Study
Crocodile Gold (CRK) reports first quarter results
Canaco Resources (CAN) delivers initial resource for Magambazi
Aurizon Mines (AZK) reports “excellent” results at Casa Berardi
Premier Gold Mines (PG) reports proposed additions to Board of Directors
GOLD (GLD) NEWS - While gold ETFs such as the SPDR Gold Trust (GLD) have been rising, gold stocks, which have been under accumulation by high-profile investors such as John Paulson and George Soros, have displayed their leverage to the gold price by surging at 1.5 times the rate of the GLD in the month [...]
GOLD PRICE NEWS - The gold price came within $2.82 of closing at an all-time high in the spot market, as fears that the economic recovery may stall. The gold price finished at $1,254.48 per ounce, and is up 3.3% for June. The price of gold extended earlier gains after the Commerce Department revised first-quarter [...]
GOLD STOCKS NEWS - Gold stocks followed the gold price higher in the morning session as the price of gold advanced toward its record high of $1,265 set at the beginning of the week. The Market Vectors Gold Miners ETF (GDX) was up 3.2% to $53.86 per share. Gold stocks were making strong advances despite [...]
GOLD PRICE NEWS - The gold price rallied Friday morning with a stronger U.S. dollar as the price of gold renewed its ascent toward its all-time high set on Monday. The gold price is now up 3.0% month-to-date and has increasingly shown price action independent of its customary dollar/euro currency cross. The price of gold [...]
GOLD PRICE NEWS - The gold price rose $3.24 to $1,239.94 as the price of gold continued to outperform stocks and cyclical commodities. The gain in the gold price came despite the euro currency trading higher by just 0.1% at 1.2334 against the U.S. dollar as equity markets in the U.S. closed. The SPDR Gold [...]
GOLD STOCKS NEWS - Gold stocks held onto small gains on Thursday, as the S&P/TSX Global Gold Index remained higher by 0.3% to 379.08 in afternoon trading. With today’s rise in gold stocks, the S&P/TSX Global Gold Index - which contains a basket of gold stocks traded in Canada - extended its monthly gain to [...]
GOLD STOCKS NEWS - Gold stocks climbed Thursday, as the Market Vectors Gold Miners ETF (GDX) resisted the selling pressure in the broader market. The GDX, an exchange traded fund comprised of the world’s largest gold stocks, was up $0.29, or 0.55%, to $52.77 in mid-morning trading. Gold stocks were faring better that the major [...]
GOLD PRICE NEWS - The gold price fell $2.97 to $1,233.74 Thursday morning as the price of gold continued to weigh the impact of the latest Fed decision on monetary policy. After the gold price dropped as much as $16 to $1,225 yesterday, the price of gold rebounded to $1,236 following the Federal Open Market [...]
GOLD PRICE NEWS - The gold price fell $4.14 to $1,236.71 as the price of gold showed little reaction to the latest Fed decision. The gold price opened lower on Wednesday, falling as much as $16 to $1,225 amid further liquidation in the yellow metal. As trading progressed the price of gold recovered over half [...]
Spanish Mountain Gold (SPA.TSX) reported that recovery rates of 90% and low work indices have been confirmed by recently conducted metallurgical tests on ores from its wholly-owned Spanish Mountain Gold Project near Likely, British Columbia. The Canadian-based gold explorer also announced that drilling has begun within the Main Zone of the project to test additional [...]
