Kitco Newsn

Gold and silver prices are moderately lower in early U.S. trading Thursday. The precious metals bulls are fading late this week amid a resurgence of the U.S. dollar index.

Gold pared its loss after Labor Department data Thursday showed that initial weekly U.S. jobless claims fell by 5,000 to a seasonally adjusted 211,000 in the week to Saturday. Spot gold was last down $4.90 to $1,304.20 an ounce.

(Kitco News) – The gold market continues to struggle to catch a bid despite disapointing economic data.

Bitcoin-U.S. dollar prices are slightly higher in early trading Thursday.

It’s time to short palladium, according to TD Securities, which is anticipating significantly lower prices in the short-term due to cracks in demand.

Resource nationalism is on the rise in at least 30 countries, with Russia and Democratic Republic of Congo (DRC) joining the list of “extreme risk” nations, which could see governments taking greater control of natural resources, according to global ri…

(Kitco News) – Gold investors should pay more attention to what the Federal Reserve is actually doing instead of listening to comments from a Federal Reserve governor nominee, according to two market professionals.

Gold and silver prices are modestly down in early-afternoon U.S. trading Wednesday.

(Kitco News) – Mining companies need to follow one simple rule to attract renewed interest from general investors: deliver on their promises, according to Randy Smallwood, CEO and president of Wheaton Precious Metals (NYSE: WPM, TSX: WPM).

(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.