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May 24, 2013 2:29:45 AM EST
4PM CLOSE:$1392.7 +27.3
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  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
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  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
Archive for: March 29th, 2012

Precious Metals Rebound, XAU Turns Positive

XAU Jumps 2.0%

Gold and silver futures recouped their earlier losses in afternoon trading on Thursday amid a broad-based rebound in financial markets. COMEX gold futures fell to as low as $1,646.70 per ounce this morning, but climbed back to $1,662.30 later in the day. Silver futures hit an intra-day low of $31.63 per ounce before bouncing back [...]

Mar 29 2012 | Read More »

Bernanke Using Gold as a “Scapegoat” to Justify Money Printing

“World’s Financial Problems Are Far from Over”

Ben Bernanke recently served a guest lecturer at George Washington University, where the Federal Reserve Chairman defended the central bank against various criticisms and argued for the role it played in helping to end the 2008 financial crisis.  Bernanke also provided his own criticism, primarily at those who believe a gold standard could have prevented [...]

Mar 29 2012 | Read More »

Gold Price Dips, Goldman Reiterates Bullish Forecast

Precious Metals Forecast

GOLD PRICE NEWS – The gold price dipped $5.06, or 0.3%, to $1,657.89 per ounce Thursday morning despite two worse than expected U.S. economic reports.  The price of gold oscillated around $1,660 in overnight trading and later showed a muted reaction to data on weekly jobless claims and GDP.  Silver dropped in concert with the [...]

Mar 29 2012 | Read More »
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