Mines Management (MGN) advances La Estrella Project
Premier Gold Mines’ (PG) subsidiary adds to royalty portfolio
Fortuna Silver Mines’ (FVI) hits more high-grade silver at Caylloma
Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
Spanish Mountain Gold (SPA) advances toward Feasibility Study
Crocodile Gold (CRK) reports first quarter results
Gold and silver futures advanced on Friday despite stability in the U.S. dollar, but nonetheless finished the week in negative territory. Shares of most precious metals companies were also in the black Friday afternoon, and also significantly outperformed the metals over the five-day stretch. COMEX gold futures for June delivery settled higher by $11.40, or [...]
GOLD STOCKS NEWS – Gold stocks turned lower Thursday afternoon alongside precious metals, with the Market Vectors Gold Miners ETF (GDX) falling from an intra-day high of $45.28 to trade down by $0.54, or 1.2%, at $43.90 per share. The negative reversal in gold stocks and the GDX was driven by COMEX gold futures, which [...]
While the broader equity markets remained firmly in negative territory this afternoon, gold and silver shares staged a particularly impressive comeback. The Philadelphia Gold & Silver Index (XAU) – comprised of the world’s largest precious metals companies – fell to as low as 146.66 this morning amid widespread liquidation in financial markets. However, the XAU [...]
Gold and silver futures headed further south Tuesday afternoon as the U.S. dollar rallied against a basket of foreign currencies. COMEX gold futures for June delivery – the most actively-traded contract – clung to modest losses this morning but turned sharply lower later in the day to settle down by $12.10, or 0.8%, at $1,576.60 [...]
GOLD STOCKS NEWS – Gold stocks surged higher on Monday as the Market Vectors Gold Miners ETF (GDX) climbed $1.50, or 3.6%, to $43.12 per share in afternoon trading. The rally in gold stocks and the GDX coincided with strength in the broader equity markets, and in spite of tepid movement in the price of [...]
Precious metals held on to the majority of their gains Friday afternoon despite further weakness in the broader financial markets. COMEX gold futures, per the June contract, settled with a gain of $17.00, or 1.1%, at $1,591.90 per ounce. In doing so, the yellow metal turned positive for the week, by 0.5%. July silver futures [...]
Gold and silver stocks were the standout performers in the equity markets on Thursday amid widespread liquidation on Wall Street. The Philadelphia Gold & Silver Index (XAU), a basket of the world’s largest precious metals companies, climbed 3.8% to 147.69 in afternoon trading on the back of a rally in gold and silver futures. In [...]
Precious metals turned slightly lower Tuesday morning amid further strength in the U.S. dollar. The spot price of gold inched lower by $1.52 to $1,557.18 per ounce while silver dropped $0.12 to $28.14 per ounce. Gold and silver shares opened near unchanged, with the Philadelphia Gold & Silver Index (XAU) up by 0.1% at 147.33 [...]
Gold and silver shares bounced back from earlier losses on Friday despite continued weakness in precious metals. The Philadelphia Gold & Silver Index – comprised of the world’s largest precious metals producers – initially fell as much as 1.5% to 151.07 but later rose back toward unchanged at 153.44 in mid-day trading. Nonetheless, the XAU [...]
GOLD STOCKS NEWS – Gold stocks rebounded from earlier losses on Wednesday despite continued weakness in the yellow metal. The Market Vectors Gold Miners ETF (GDX) initially tumbled to yet another fresh multi-year low of $41.10 per share, but subsequently turned sharply higher, by $1.08, or 2.6%, to $43.25. The bounce back in gold stocks [...]
