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 – The gold price swung between gains and losses on Friday as financial markets weighed the impact of a mixed U.S. employment report and other positive economic data. The spot price of gold traded in a range between $1,662 and $1,683 per ounce following the January non-farm payrolls report. This afternoon, the [...]
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 [...]
