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 PRICE NEWS – The gold price held firm Thursday morning amid modest weakness in the U.S. dollar and disappointing economic data in several of the world’s largest regions. The spot price of gold climbed to as high as $1,577.49 per ounce in overnight trading as the U.S. Dollar Index hit an intra-day low of [...]
GOLD PRICE NEWS – Gold prices oscillated between gains and losses while the U.S. dollar held firm Monday morning. The spot price of gold climbed to $1,600.30 per ounce in overnight trading, but slid back toward $1,590 as U.S. financial markets opened. Silver fared considerably worse than the gold price this morning, as it retreated [...]
GOLD PRICE NEWS – The gold price bounced back from overnight losses on Wednesday alongside European and U.S. financial markets. The spot price of gold fell as much as $16.38 to $1,526.50 per ounce in overnight trading – its lowest level since December 29, 2011 – before rebounding into positive territory by $6.67 at $1,549.55. [...]
Gold continues to be “the currency of last resort,” according to Jeffrey Curie – Global Head of Commodities Research at Goldman Sachs – due in large part to “the rising risk of sovereign default and debasement concerns.” In his latest note to clients, Curie reiterated his bullish stance on the yellow metal and his six-month [...]
GOLD PRICE NEWS – Gold prices continued to slide on Wednesday, by $21.04, or 1.3%, to $1,585.95 per ounce. The sell-off in the gold price was driven by escalating euro zone sovereign debt concerns, which put considerable pressure on financial markets in Asia, Europe, and North America. Silver retreated in conjunction with the price of [...]
GOLD PRICE NEWS – The gold price tumbled $17.42, or 1.1%, to $1,636.89 per ounce on Thursday amid better than expected U.S. economic data and the European Central Bank’s (ECB) monetary policy meeting. The price of gold extended its decline after weekly U.S. jobless claims came in at 365,000 – below the 379,000 level economists [...]
Gold and silver futures ended Wednesday’s COMEX session in the red amid modest strength in the U.S. dollar and broad-based weakness in the commodities complex. COMEX gold for June delivery settled down by $8.40, or 0.5%, at $1,654.00 per ounce while July silver futures finished lower by $0.29, or 0.9%, at $30.65 per ounce. Among [...]
GOLD PRICE NEWS – The gold price fell $3.22, or 0.2%, to $1,659.38 per ounce Monday morning as the U.S. dollar held firm against a basket of foreign currencies. The price of gold climbed to as high as $1,666 in overnight trading, but turned sharply lower to $1,645 after the U.S. Commerce Department reported that [...]
GOLD STOCKS NEWS – Gold stocks inched higher in mid-day trading on Tuesday, as the Market Vectors Gold Miners ETF (GDX) added $0.14, or 0.3%, to $45.18 per share. The slight rise in gold stocks and the GDX was driven by a modest advance in COMEX gold futures, which climbed $9.80, or 0.6%, to $1,642.40 [...]
GOLD PRICE NEWS – The gold price dipped $6.15, or 0.4%, to $1,644.39 per ounce Wednesday morning amid modest strength in the U.S. dollar. In overnight trading, the spot price of gold fell from $1,655 to $1,638 but later pared its losses as U.S. financial markets opened. Silver moved slightly lower alongside the gold price, [...]
