Premier Gold Mines (PG) expands management team
Fortuna Silver Mines (FVI) expands presence in Mexico
Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
Claude Resources (CGR) expands gold resources and grade at Santoy Gap
Mines Management (MGN) reports “significant progress” in third quarter
Crocodile Gold (CRK) reports 35% production growth
Gold futures for April delivery on the COMEX climbed $12.20, or 0.9%, to finish at $1,428.60 per ounce on Friday. For the week, COMEX gold futures posted a gain of 1.4%, its fifth consecutive weekly advance. Furthermore, the yellow metal is now higher by over 1.0% year-to-date. Not to be outdone, COMEX silver futures rose [...]
A bill to introduce the use of gold and silver as money in Utah has continued to make progress in the state legislature, with the House of Representatives set to vote on The Sound Money Act. The bill “would recognize gold and silver coins issued by the federal government as legal currency in the state. [...]
SILVER PRICE NEWS – The silver price rallied to another new 31-year high on Friday morning, reaching $35.335 per ounce amid gains in precious metals. The iShares Silver Trust (SLV), a proxy for the silver price, climbed $0.97, or 2.9%, to $34.39 per share. With today’s rally, the silver price is now higher by 7.3% [...]
GOLD STOCKS NEWS – Gold stocks held steady Friday morning, with the Market Vectors Gold Miners ETF (GDX) trading near unchanged in premarket activity. The stability in gold stocks and the GDX came as gold bullion inched higher by $1.07 to $1,416.86 per ounce following the monthly nonfarm payrolls report. The S&P/TSX Global Gold Index, [...]
GOLD PRICE NEWS – The spot gold price held firm following the U.S. jobs report, climbing $2.50 to $1,418.30 per ounce. The price of gold maintained its gains Friday morning despite the fact that data from the Labor Department showing a gain of 192,000 nonfarm payrolls was roughly in-line with expectations. S&P 500 stock futures [...]
Markets are quiet ahead of the widely anticipated unemployment report, expected to be released at 8:30am eastern time this morning. According to a Bloomberg survey of economists, 196,000 nonfarm payroll jobs were created in February. Gold rallied $3.20 to $1,419 per ounce in front of the news and the U.S. dollar traded near unchanged against [...]
