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Gold Stocks (GDX) Slide, Newmont Target Lowered
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.
By jturbin | 8:31 pm | Gold Alert
Gold and Silver Climb Higher, Euro Sinks to New Lows
Your daily recap on precious metals...
By Eric McWhinnie | 8:28 pm | Wall St. Cheat Sheet
Why Silver is a Buy
Why is Silver so important in today's industrial world? The Fundamentals Today, Silver is used for industrial purposes, decorations photography, and medicine. Its combination of strength, malleability and conductivity makes it a major element, in the commodity market.
By Paul A. Ebeling, Jnr. | 8:53 pm | LiveTradingNews
Premier Gold’s Subsidiary Adds to Royalty Portfolio
Premier Gold Mines Limited (PG.TSX) announced that Premier Royalty Corporation has agreed to purchase a 1% net smelter return on the Gualcamayo gold mine from Golden Arrow Resources.
By jturbin | 5:49 pm | Gold Alert
Central Bank Gold Buying Spree Continues
Many central banks around the world continued to add to their gold holdings in recent months, according to data from the International Monetary Fund (IMF).
By jturbin | 5:31 pm | Gold Alert
Fortuna Hits More High-Grade Silver at Caylloma Mine
Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced the results of recently completed exploration drilling of the Bateas Vein at its Caylloma Mine in Arequipa, Peru .
By jturbin | 3:59 pm | Gold Alert
Gold Price Rises on Worrisome Global Economic Data
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.
By jturbin | 3:42 pm | Gold Alert
Copper up from 4-1/2 Month Low, EU Data Weighs
Copper firmed a little on Thursday after sinking to a 4-1/2 month low in the previous session but remained under pressure as downbeat data from the European Union raised worries that global economic weakness will hit demand for industrial metals.
By Silvia Antonioli | 1:31 pm | Reuters
Gold Edges up as Euro Cuts Losses
Gold rose on Thursday, after three days of losses, although the drag of the euro near two-year lows tempered the bullion price and eclipsed data that showed another rise in central bank purchases of the metal last month.
By Amanda Cooper | 1:26 pm | Reuters
Gold Hovers Near $1,560/oz; Greece Woes Feed Caution
Gold hovered near $1,560 an ounce on Thursday, remaining on shaky ground as worries about Greece and the euro zone continued to dominate market sentiment after a European Union summit yielded few practical steps to manage the debt crisis.
By Richard Pullin | 1:24 pm | Reuters
Russian Gold/fx Reserves Fall to $514.3 bln
Russia's gold and foreign exchange reserves fell to $514.3 billion in the week to May 18, from $518.8 billion a week earlier, central bank data showed on Thursday.
By Lidia Kelly | 1:20 pm | Reuters
Central Banks Still Significant Buyers On Gold Dip
Gold's London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Silver is trading at $28.12/oz, €22.46/oz and £18.01/oz. Platinum is trading at $1,430.25/oz, palladium at $591.80/oz and rhodium at $1,275/oz.
By Mark O`byrne | 12:28 pm | GoldCore
