Kitco Newsn

(Kitco News) – Gold futures are continuing to pull back from the one-month high hit early this week but the retreat has been “orderly,” says Kevin Grady, president of Phoenix Futures and Options LLC. As of 9:44 a.m. EDT, Comex June gold was down $6.20 …

(Kitco News) – Initial weekly U.S. jobless claims fell by 16,000 to a seasonally adjusted
212,000 in the week to Saturday, the Labor Department reported Thursday.

(Kitco News) -Gold remain under pressure, falling to session lows Thursday following data showing that the U.S. housing construction saw an uptick in momentum.

(Kitco News) – Gold fell as the current general activity index for a survey of manufacturers in the Philadelphia area rose to 16.6 in May from 8.5 in April, according to a Philadelphia Fed report. Spot gold was last down $5.30 to $1,290.80 an ounce.

(Kitco News) – Gold and silver prices are modestly down in early-morning U.S. trading Thursday. A good rebound in the U.S. stock market this week has boosted trader and investor risk appetite, which is bearish for the safe-haven metals.

(Kitco News) – Great Panther Mining Ltd. (TSX: GPR; NYSE American: GPL) reports a loss for the first quarter although some of this was costs associated with the purchase of Beadell Resources and its Tucano Mine in Brazil, Great Panther says.

(Kitco News) – Bitcoin-U.S. dollar prices are lower Thursday morning and are seeing a normal downside correction from recent solid gains that saw prices hit a 10-month high this week.

(Kitco News) – In just one year from now, gold will not only breach $1,300 but also surpass $1,400 an ounce, according to United Overseas Bank (UOB).

(Kitco News) – Even though gold has survived the test of time as an excellent safe-haven asset, Wells Fargo is cautioning investors against getting too excited about the metal at current price levels.

Gold Is The Clear Winner Of The Trade Wars