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 PRICE NEWS – The gold price swung between gains and losses on Friday as financial markets weighed the impact of a mixed U.S. employment report and other positive economic data. The spot price of gold traded in a range between $1,662 and $1,683 per ounce following the January non-farm payrolls report. This afternoon, the [...]
GOLD PRICE NEWS – The gold price dropped on Friday to a two-week low as precious metals were unable to rebound from yesterday’s sell-off. This morning, the spot price of gold fell by as much as $13.07, or 0.8%, to $1,655.03 per ounce – its lowest level since January 11th. The SPDR Gold Trust (GLD), [...]
Precious metals were mixed on Wednesday despite a slight rise in the U.S. dollar against a composite of foreign currencies. COMEX gold futures – per the February contract – settled lower by $6.50, or 0.4%, at $1,686.70 per ounce. Silver futures fared quite better, however, as the COMEX March contract finished higher by $0.26, or [...]
Gold and silver futures moved modestly higher on Monday as precious metals built on last week’s gains. Today’s strength in gold and silver came despite stability in the U.S. Dollar Index, which held near unchanged at 80.042 against a composite of foreign currencies. While U.S. financial markets were closed for the Martin Luther King Jr. [...]
GOLD PRICE NEWS – The gold price rebounded from an earlier sell-off on Thursday to reach a two-week high. The spot price of gold initially fell to $1,666.42 per ounce amid broad-based weakness in precious metals, but subsequently climbed to $1,689.68 – its best level since January 2nd. The SPDR Gold Trust (GLD), the world’s [...]
Precious metals remained in negative territory on Friday to finish the week on a sour note. COMEX gold futures, per the February contract, settled down by $17.40, or 1.0%, at $1,660.60 per ounce. COMEX silver futures for March delivery closed with a loss of $0.51, or 1.7%, at $30.41 per ounce. However, despite today’s sell-off, gold [...]
GOLD PRICE NEWS – The price of gold advanced on Tuesday as it looked to snap a three-session losing streak. The spot gold price rose by $10.14, or 0.6%, to $1,657.44 per ounce this morning as dip-buying emerged in the precious metals space. The SPDR Gold Trust (GLD), the world’s largest gold ETF and gold [...]
GOLD PRICE NEWS – The price of gold recouped a considerable portion of its earlier sell-off on Friday following the latest U.S. jobs report. The spot gold price plunged by as much as $49.52, or 3.0%, to $1,626.04 per ounce in overnight trading, but subsequently rebounded toward the $1,650 level. Nevertheless, the decline brought the [...]
GOLD PRICE NEWS – The gold price turned sharply higher on Monday as it sets its sights on a 12th straight year of gains. The spot price of gold stabilized near $1,663 per ounce this morning, but jumped to $1,681 in early afternoon trading. The rebound in gold prices coincided with a rally in the [...]
Gold and silver futures settled marginally higher on Wednesday as precious metals were buoyed by modest weakness in the U.S. dollar. COMEX gold futures, per the February contract, finished up by $1.20, or 0.1%, at $1,660.70 per ounce. The yellow metal reached an intra-day high of $1,668.70 this morning but pared its gains in afternoon [...]
