Main St. Overwhelmingly Bearish On Gold; Wall St. Bullish
Main Street may be more bearish than ever on the direction of gold prices in the next week, while Wall Street leans bullish, based on the weekly Kitco News gold survey.
MKS Cites 'Robust' Physical Demand For Gold In Asian Trading
Gold is attracting robust physical buying in Asia, helping prices bounce modestly overnight, says MKS (Switzerland) S.A. As of 7:38 a.m. EDT
With Silver Tanking, How Badly Will Miners Hurt?
Some primary silver producers are no doubt feeling pain these days after the sell-off in silver prices so far this year, but dont look for major supply cutbacks any time soon, analysts said.
Osisko Mining Inc. Agrees To Acquire Beaufield Resources
Osisko Mining Inc. (TSX: OSK) has agreed to acquire all shares of Beaufield Resources Inc. (TSXV: BFD), the two companies report.
U.S. Jobless Claims Fall 2,000 To 212,000
Kitco News reports on U.S. jobless claims in week to Aug. 11
Roxgold Reports Higher Profit, Gold Output
Roxgold Inc. (TSX: ROXG) reports a higher profit and output in the second quarter.
Gold Remains Soft After Rise In Empire State Manufacturing Index
Kitco News reports on New York Feds Empire State manufacturing survey for August
Paulson Maintains Gold Position During 2Q Despite Price Decline
The hedge fund Paulson & Co., overseen by well-known hedge fund manager John Paulson, stayed the course on its position in the worlds largest gold exchange-traded fund during the second quarter even though the price of the precious metal fell, filings show.
Wheaton Precious Metals Reports Higher 2Q Adjusted Profit
Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Tuesday reported a rise in its second-quarter adjusted profit as revenues got a boost from higher gold sales and prices.
Donlin Gold Project In Alaska Gets Major Federal Permits
The giant Donlin gold project in southwestern Alaska has received major permits from the federal government, owners Barrick Gold Corp. (NYSE, TSX: ABX) and NovaGold Resources Inc. (TSX, NYSE American: NG) announced in a joint statement.
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