Gold Prices Continue to Fall
Gold is still in trouble as it continues to fall. This morning gold prices are down $12.61 to $1,413.60 an ounce sparking investors to worry that the downward trend will continue.

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 is still in trouble as it continues to fall. This morning gold prices are down $12.61 to $1,413.60 an ounce sparking investors to worry that the downward trend will continue.

GOLD PRICE NEWS – The gold price rebounded modestly from several days of selling on Tuesday amid weakness in the U.S. dollar and a very disappointing report on U.S. consumer confidence. The spot price of gold rose by $6.92, or 0.4%, to $1,662.40 per ounce while the U.S. Dollar Index (DXY) fell by 0.2% to [...]

GOLD PRICE NEWS – Gold prices remained in consolidation mode on Tuesday as investors and traders digested the impact of the Bank of Japan’s latest expansionary monetary policy decision. The spot price of gold oscillated between gains and losses near $1,690 per ounce after the Japanese central bank announced yesterday that it would launch an [...]

GOLD PRICE NEWS – The gold price stabilized on Friday as the yellow metal consolidated following four straight days of gains. The spot price of gold held in a narrow range between $1,686 and $1,695 per ounce in morning trading despite strength in the U.S. dollar. The greenback advanced by 0.6% against a basket of [...]

GOLD PRICE NEWS – The price of gold advanced on Tuesday amid a broad-based rally as precious metals continued to rebound from their recent weakness. In morning trading, the spot gold price climbed by as much as $15.90, or 1.0%, to $1,684.63 per ounce – its best level since January 3rd. The SPDR Gold Trust [...]

GOLD PRICE NEWS – Gold prices rallied on Thursday amid considerable weakness in the U.S. dollar following the latest monetary policy meetings by the European Central Bank (ECB) and the Bank of England (BOE). The spot price of gold climbed by as much as $21.04, or 1.3%, to $1,678.74 per ounce in morning trading while [...]

GOLD PRICE NEWS – The gold price oscillated between gains and losses on Wednesday as precious metals remained in consolidation mode. The spot price of gold climbed to an overnight high of $1,665.97 per ounce, but fell to $1,654.32 in morning trading as the U.S. dollar turned higher against a basket of foreign currencies. The [...]

GOLD PRICE NEWS – The gold price began the new year on a positive note as a deal to avert the United States’ fiscal cliff fueled a rally in financial markets across the globe. This morning, the spot price of gold climbed by as much as $17.30, or 1.0%, to $1,695.37 per ounce. The SPDR [...]

Gold futures settled lower at the COMEX on Friday, with the February contract dropping $7.80, or 0.5%, to $1,655.90 per ounce. In doing so, the yellow metal turned lower for the week, by 0.3%. Furthermore, gold futures now remain up by just 5.7% on a year-to-date basis. While the price of gold remains on pace [...]

GOLD PRICE NEWS –The gold price advanced moderately in thin trading on Wednesday morning as financial markets re-opened following the Christmas holiday. The spot price of gold rose by $6.35, or 0.4%, to $1,666.05 per ounce after dipping to as low as $1,650.63 in overnight trading. Strength in the gold price coincided with a modest [...]