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Allen Sykora

Allen Sykora

Senior Reporter

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Allen Sykora reports on precious metals and the mining industry for Kitco News. He has covered foreign-exchange and commodity markets for Futures World News, Dow Jones Newswires and Kitco for 25 years. He holds a mass communications degree from Mankato State University in Minnesota and worked as a reporter and editor at newspapers in Minnesota, Iowa and Alaska before becoming a financial journalist.

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Price Bounce Expected To Continue

Wall Street and Main Street both look for gold to continue a price recovery next week, based on the Kitco News weekly gold survey.

Gold Slightly Softer After U.S. April Durable-Goods Orders Fall 1.7%

Gold prices eased marginally after a Commerce Department report Thursday showed that U.S. orders for durable goods fell by 1.7% during April. Comex June gold was last down $1.50 to $1,302.90 an ounce.

Centamin Reduces 2018 Guidance For Sukari Gold Mine

Standard: Gold Pullbacks To $1,250 Would Be 'Good Entry Levels'

Standard Chartered Bank figures any pullbacks in gold prices to $1,250 an ounce would be buying opportunities.

BMO: FOMC Minutes 'May Offer Gold Some Support'

U.S. Initial Jobless Claims Rise 11,000 To 234,000

Kitco News reports on U.S. jobless claims in week to May 19

Alamos: Extension Of High-Grade Mineralization At Island Gold Mine

U.S. New Home Sales Fall 1.5% To 662,000 Rate In April

Kitco News reports on U.S. sales of new homes for April

MKS: Gold In Consolidation Phase; ETF Holdings Stable

Gold could be in for a period of sideways consolidation, and exchange-traded-fund holdings held up despite a recent price decline in the precious metal

INTL FCStone: Gold Gets Short-Covering Bounce

Gold has ticked higher as traders who previously took out short, or bearish, trades buy to offset or cover them, says Edward Meir