Mines Management (MGN) announces first quarter results
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
GOLD PRICE NEWS - The gold price slid $5.21 to $1,182.08 on Monday as the price of gold fell to its lowest level since May 21. The SPDR Gold Trust (GLD), which serves as a price of gold proxy, retreated $0.57 to $115.52 per share. Recent gold price weakness has occurred as the euro/U.S. dollar [...]
GOLD PRICE NEWS - The gold price continues to exhibit low volatility, opening Monday morning up $3.80 at $1,191.10 per ounce. The price of gold was one of the few asset classes to decline last week, sliding 1%, as confidence returned to the marketplace amid improved corporate earnings and a successful stress test of the [...]
GOLD PRICE NEWS - With the gold price in the midst of consolidating near the $1,200 per ounce level, bulls and bears have been bantering back about forth about whether the price of gold is set to break out to the upside or the downside. At $1,187 per ounce, the gold price is 6.2% off [...]
GOLD STOCKS NEWS- Gold stocks were mixed in midday trading as the Market Vectors Gold Miners ETF (GDX), an exchange-traded fund comprised of the largest and most widely-held gold stocks, traded near its previous close of $49.16. Gold stocks, like the gold price and the broader equities market, have experienced considerable volatility in the past [...]
GOLD PRICE NEWS - The gold price attempted to retake the $1,200 per ounce level while UBS became the latest bank to raise its gold price forecast. Despite a recent drop in sentiment toward the gold price, a number of the world’s largest investment banks recently made a case for strong gold prices in coming [...]
GOLD MINING NEWS - Gold mining companies advanced Thursday, as the AMEX Gold Bugs Index (HUI) climbed 2.2% to 450.25 in afternoon trading. With today’s rally in the shares of gold mining companies, the HUI - an index of the world’s largest gold miners - reduced its monthly loss to 5.3% and extended its year-to-date [...]
GOLD ETFs NEWS - The SPDR Gold Trust (GLD), the largest gold ETF in the world, climbed $1.08 to $116.93 on Thursday amid a rally in the gold sector. The GLD, a proxy for the price of gold, climbed higher as gold neared the $1,200 per ounce level. With today’s advance, the GLD is now [...]
GOLD STOCKS NEWS - Gold stocks advanced Thursday, as the Market Vectors Gold Miners ETF (GDX) rose $1.27, or 2.6%, to $49.45 per share. The S&P/TSX Global Gold Index, a basket of gold stocks traded in Canada, gained 6.19 points, or 1.8%, to 356.20 in morning trading. The rally in gold stocks was in tandem [...]
GOLD PRICE NEWS - The gold price opened Thursday marginally higher at $1,186.75 per ounce. The correction that began in late June after the gold price topped out at a record high of $1,265 per ounce has led to a severe drop in bullish sentiment toward the price of gold. Market Vane bullish sentiment toward [...]
GOLD PRICE NEWS - The gold price slid $7.04 to $1,185.07 Wednesday after Ben Bernanke’s testimony led to broad-based liquidation and pressured the price of gold. The SPDR Gold Trust (GLD), which acts as a gold price proxy, finished the day lower by 0.7% at $115.85 per share. Yesterday the GLD, the largest gold bullion [...]
