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 – On Thursday the price of gold gave back yesterday’s gains as the yellow metal was unable to gain any traction in the aftermath of the Federal Reserve’s latest monetary policy meeting. The spot gold price finished down by $10.94, or 0.7%, at $1,665.13 per ounce after briefly surpassing the $1,680 level [...]
GOLD PRICE NEWS – The gold price turned higher on Wednesday after a disappointing U.S. GDP report and maintained its gains following the latest Federal Reserve meeting. The spot price of gold advanced to an intra-day high of $1,682.87 per ounce before settling up by $12.84, or 0.8%, at the $1,676.07 level. Gold prices were [...]
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 – The gold price inched lower on Monday amid further weakness in precious metals and a modest advance in the U.S. dollar. The spot price of gold dipped $4.46, or 0.3%, to $1,654.94 per ounce while the U.S. Dollar Index rose by 0.1% to 79.813. The SPDR Gold Trust (GLD), the world’s [...]
Gold and silver futures added to their recent stretch of declines on Friday amid weakness in the precious metals complex. COMEX gold for February delivery settled down by $13.30, or 0.8%, at $1,656.60 per ounce. In doing so, the yellow metal posted a weekly loss of 1.8% and turned lower on a year-to-date basis by [...]
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), [...]
COMEX gold futures finished firmly in negative territory on Thursday, with the February contract closing down by $16.80, or 1.0%, at $1,699.90 per ounce. In doing so, the yellow metal fell to its lowest level in eight trading sessions and erased its gain thus far this week. Gold stocks followed the price of gold lower, [...]
GOLD PRICE NEWS – The price of gold turned lower on Thursday amid widespread weakness in precious metals. The spot gold price fell by as much as $22.03, or 1.3%, to $1,664.27 per ounce in morning trading, but subsequently pared its losses on its way back to the $1,672 level. Today’s sell-off in gold prices [...]
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 PRICE NEWS – The gold price hovered near $1,690 per ounce for a third consecutive day on Wednesday morning as financial markets awaited an upcoming U.S. debt ceiling vote. The spot price of gold in a narrow range between $1,685 and $1,694, while the U.S. dollar also stabilized near unchanged against a basket of [...]
