Kitco Newsn

Fundamentals: Gold has been pressured by a stable Dollar and the 10-year Note yield attempting to reject 2%. Friday’s strong job growth, particularly in the manufacturing sector, is mounting speculation that the U.S economy could be turning a corner, a…

(Kitco News) – Mill modifications and upgrades required to sustain processing at the increased production rate of 3,800 tonnes per day at Pretium Resources Inc.’s (TSX, NYSE: PVG) Brucejack Mine in British Columbia are progressing on schedule, the com…

(Kitco News) – Gold prices have fallen back below $1,400 an ounce. “We blame profit-taking for the latest price weakness in the wake of Friday’s U.S. labor-market data,” said Commerzbank.

(Kitco News) – Gold holdings by global exchange-traded funds soared in June, rising by 127 tonnes to 2,548 tonnes, the World Gold Council reported on Tuesday.

(Kitco News) – Gold prices are moderately lower in early U.S. trading Tuesday. The precious metal is feeling the pressure of a solid rebound in the U.S. dollar index, which hit a three-week high today.

Everyone wants to know if the rally over in gold and what to expect next.

(Kitco News) – Bitcoin-U.S. dollar futures prices are firmer Tuesday. Bulls keeping alive a price uptrend on the daily bar chart and have momentum on their side.

(Kitco News) – Gold’s rally is temporarily exhausted, and prices are likely to remain range-bound until a new wave of bullish sentiment takes the metal towards the $1,500 level, according to TD Securities.

(Kitco News) – It is always good to have gold in your portfolio and the only right time to buy the yellow metal is “when you can afford it,” said Probis Securities chief investment officer Jonathan Barratt.

(Kitco News) – Central banks’ appetite for gold has yet to be sated and continues to provide a strong pillar of support for the market as prices hold around $1,400 an ounce.