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May 24, 2013 2:29:45 AM EST
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  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
  • AZK Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
  • CGR Claude Resources (CGR) expands gold resources and grade at Santoy Gap
  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
Archive for: April 5th, 2012

Is Bearish Gold Sentiment Signalling a Bottom?

Awaits “Key Policy Decisions”

Gold rebounded modestly on Thursday following its largest two-day decline in over a month.  COMEX gold futures, per the May contract, settled up by $16.00, or 0.1%, at $1,630.10 per ounce. However, as the COMEX is closed tomorrow in observance of the Good Friday holiday, the yellow metal posted a weekly loss of 2.5%. Silver [...]

Apr 5 2012 | Read More »

Precious Metals Shares Slide, Bargain Hunting in GG?

gold and silver

The recent weakness in precious shares continued on Thursday, as the Philadelphia Gold & Silver Index (XAU) dropped 0.8% to 165.83.  The sector’s weakness came despite a modest rebound in the metals themselves. COMEX gold futures advanced 416.30, or 1.0%, to $1,630.40 per ounce while silver climbed $0.62, or 2.0%, to $31.66 per ounce. With [...]

Apr 5 2012 | Read More »

Gold Price Bounces, “Unlikely to Fall” Below $1,600

Precious Metals Commentary

GOLD PRICE NEWS – The gold price advanced $11.44, or 0.7%, to $1,630.15 per ounce on Thursday following its worst two-day stretch in over a month.  This morning’s strength in the price of gold was a welcome respite from the substantial selling that has engulfed the yellow metal of late.  Silver climbed in concert with [...]

Apr 5 2012 | Read More »
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