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 stabilized on Wednesday as the yellow metal consolidated following yesterday’s 1% decline. The spot price of gold traded in a wide range between $1,447 and $1,470 per ounce in morning trading. Gold prices moved to the upper end of this range as the U.S. dollar slid. The greenback [...]
GOLD PRICE NEWS – Gold prices fell nearly 1% following the release of the minutes from the March 19-20 Federal Open Market Committee (FOMC) meeting. The price of gold sank $14.00 to $1,571 per ounce as investors sold gold in anticipation of the end of quantitative easing. Silver fell in concert with its sister precious [...]
GOLD PRICE NEWS – The gold price gained ground Tuesday, rising $7.00 to $1,613 per ounce despite strength in the U.S. dollar against its foreign counterparts. Gains in the price of gold came as the U.S. dollar traded to its highest level versus the euro in 2013. Gold prices continued their rally on the back [...]
GOLD PRICE NEWS – Gold prices traded near unchanged early Monday morning as the price of gold changed hands at $1,577 per ounce. Significant redemptions in gold exchange-traded funds over the past month have led to selling pressure on gold. According to the research team at CIBC World Markets, there has been over 3 million [...]
GOLD PRICE NEWS – The gold price climbed $6.50 to $1,587 per ounce Monday morning, advancing on the back of a flurry of supportive macro-economic news. Stifel Nicholas highlighted “headlines that Russian and Kazakhstan gold purchases are up, UK debt has been downgraded, Japan goes ahead with “easing” nominee” and “the US Adjusted Monetary base [...]
GOLD PRICE NEWS – The gold price traded near unchanged Tuesday morning at $1,609 per ounce. Gold prices have moved lower in recent weeks, punctuated by last week’s 3.7% decline. The sell-off has been driven by heavy selling in the futures markets on the back of the perception that the U.S. economy is healing. Investors [...]
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 [...]
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, [...]
Precious metals added to their recent stretch of gains on Tuesday amid widespread strength in commodities and moderate weakness in the U.S. dollar. COMEX gold futures – per the February contract – rose by $6.20, or 0.4%, to $1,693.20 per ounce – their highest closing level since mid-December. Silver futures for March delivery at the [...]
COMEX gold futures closed slightly lower on Friday, with the February contract settling down by $3.80, or 0.2%, at $1,687.00 per ounce. The yellow metal reached an intra-day high of $1,695.10 this morning, but relinquished its gains amid strength in the U.S. dollar. In spite of today’s small decline, the most actively-traded gold futures contract [...]
