Richmont Mines operates three profitable gold mines in one of the best mining jurisdictions in the world. The company has a rock-solid balance sheet with $32.6 million cash and only $4.9 million total debt, with profitability increasing at its gold …
Todd Gordon, founder of TradingAnalysis.com, agrees with Gero. Despite “any kind of geopolitical pressure we're seeing… the bid in gold is very weak,” he said. “There's very little volume going on right now in gold. We're in a long-term kind of …
A newly stamped gold coin of President John F. Kennedy is examined at the U.S. Mint at West Point on Tuesday, July 22, 2014, in West Point, N.Y. Kennedy is getting a new look on the new coin that is being made to mark the 50 years since the slain …
Investors could have seen it coming. Exchange-traded funds that are backed by physical bullion were recording some of their best inflow gains since last year as the price of gold remained below the $1,300 per oz mark. With Russian troops massing on the …
The sudden rise in gold prices in the Indian sub-continent market has been attributed to a spurt in demand for the yellow metal in global markets such as Singapore and London bullion markets where the metal hit a high of USD 1,322.60 per ounce after …
KINGSTON, Jamaica – Oz Minerals, a Canadian based company says there is excellent potential for finding copper and gold in central Jamaica. According to Vern Rampton, President and CEO of Carube Resources, a joint partner with Oz Minerals, the …
A combination of sectarian violence in Iraq and geopolitical tensions in the Middle East and Ukraine helped gold break through $1,300 a troy ounce to register its first weekly advance in a month. Bullion gained around 1.3 per cent over the week and hit …
Gold snapped a three-week losing streak with an advance of 1.44% to trade at $1312 ahead of the New York close on Friday. The advance comes amid continued weakness in broader equity markets with all three US stock indices posting weekly losses …
LOS ANGELES (MarketWatch) — President Barack Obama on Thursday evening blew a kiss to gold bugs by saying that he has authorized air strikes in northern Iraq. The announcement sent shivers through equity markets and helped to push gold prices …