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 STOCKS NEWS – Gold stocks resumed their recent slide on Wednesday as the Market Vectors Gold Miners ETF (GDX) fell $0.58, or 1.4%, to $41.96 per share in mid-day trading. Weakness in gold stocks and the GDX was accompanied by a sharp turn lower in COMEX gold futures, which sunk $35.90, or 2.3%, to [...]
Weakness in precious metals continued on Wednesday amid U.S. dollar strength and broad-based selling in the commodities complex. However, gold and silver futures bounced well off their intra-day lows to settle with only moderate losses. COMEX gold futures – per the June contract – ended down by $10.30, or 0.6%, at $1,594.20 per ounce after [...]
GOLD STOCKS NEWS – Gold stocks declined Tuesday as the Market Vectors Gold Miners ETF (GDX) plunged as much as $1.94, or 4.4%, to $41.73 per share. The sharp sell-off in gold stocks and the GDX was fueled by broad-based liquidation in precious metals and strength in the U.S. dollar. COMEX gold futures tumbled to [...]
Gold and silver futures turned higher on Friday amid safe-haven buying after the latest U.S. jobs report came in below economists’ estimates. COMEX gold for July delivery broke a four-day losing streak by settling up today by $10.40, or 0.6%, at $1,645.20 per ounce. However, the yellow metal posted a weekly decline of 1.2% and [...]
Precious metals futures bounced considerably from their intra-day lows on Monday, with gold and silver posting only modest losses on the COMEX. Gold futures for June delivery – the most actively-traded contract on the COMEX – fell to as low as $1,645.10 per ounce this morning but climbed back to settle down by just $0.60 [...]
Gold and silver futures advanced on Thursday amid broad-based strength in the commodities complex. COMEX gold futures for June delivery – the most active contract – settled up by $18.20, or 1.1%, at a two-week high of $1,660.50 per ounce. Silver futures – per the COMEX July contract – $0.85, or 2.8%, to $31.21 per [...]
GOLD PRICE NEWS – The gold price turned sharply lower Tuesday morning, tumbling from as high as $1,658 to $1,635.83 per ounce. The price of gold retreated as the “risk-on” trade in financial markets resumed, with stocks and cyclical commodities heading north. The markets’ advance was fueled by a report from the International Monetary Fund [...]
GOLD STOCKS NEWS – Weakness in gold stocks continued on Wednesday as the Market Vectors Gold Miners ETF (GDX) dropped $1.87, or 3.8%, to $46.88 per share. Today’s sell-off in gold stocks and the GDX was fueled by a steep decline in COMEX gold futures, which plunged $55.00, or 3.3%, to $1,617.00 per ounce. The [...]
Precious metals turned higher on Monday amid a broad-based rally in the commodities complex. COMEX gold futures hovered near unchanged at $1,668 this morning, but later climbed to as high as $1,685.40 before settling up $7.80, or 0.5%, at $1,679.70 per ounce. Silver futures on the COMEX followed a similar path, rising from an intra-day [...]
Gold and silver futures settled with small losses on Tuesday after trading modestly higher this morning. COMEX gold for April delivery rose to $1,696.90 per ounce this morning before closing down by $0.70, or less than 0.1%, at $1,684.90 per ounce. Silver futures, per the May COMEX contract, fell from an intra-day high of $33.19 [...]
