Kitco Newsn

(Kitco News) – Gold prices are moderately higher in midday U.S. trading Monday. However, prices have backed off their session highs.

(Kitco News) – Large speculators cut their net-bullish positioning in gold futures by more than half during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.

(Kitco News) – Doug Casey, founder of Casey Research, prefer the royalty streaming companies over traditional miners.

(Kitco News) – The race to accumulate gold continues as the central bank of the world’s second-largest economy added more ounces to its official reserves for the fourth consecutive month.

(Kitco News) – Global commodities assets under management (AUM) – including precious metals — rose to $319 billion in the first quarter from $280 billion at the end of last year, Barclays says.

(Kitco News) – Gold prices are moderately higher in early U.S. trading Monday.

(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday, and trading not far below last week’s 4.5-month high.

(Kitco News) – New Gold Inc. (TSX and NYSE American: NGD) announces first-quarter gold-equivalent production of 123,263 gold-equivalent ounces, leaving it on track to meet annual guidance of 465,000 to 520,000 gold-equivalent ounces.

(Kitco News) – Although gold demand has been lackluster of late as investors jump back into equity markets, some analysts noted that investors should not give up on the yellow metal as it should find continued support from dovish U.S. monetary policy.

(Kitco News) – Gold is stuck in a rut for now, but next week’s Brexit deadline, FOMC minutes, and ECB meeting are keeping investors alert, according to analysts, who see the yellow metal heading higher.