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Gold Moves Up on Wednesday as U.S. GDP Falls Short

Wednesday January 30, 2013, 10:24am PDT

Reuters reported that gold jumped up Wednesday as investors reacted to U.S. GDP data that did not meet expectations.

As quoted in the market report:

Spot gold rose as much as 1.1 percent to a one-week high of $1,682.90 an ounce. It stood at $1,680.66 an ounce by 1633 GMT.

To view the whole Reuters report, click here. 

Tags: Gold, gold markets, gold news, Gold prices


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Featured Stocks

Corvus Gold Inc. – Developing the Next Nevada Gold Mine

Corvus Gold Inc. – Developing the Next Nevada Gold Mine

Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) is a precious metals exploration and development company with properties located in Nevada, Alaska and Canada. The Company’s flagship property is the 100-percent owned North Bullfrog Project, an advanced-stage gold and silver property in mining-friendly Nevada.

Orefinders Resources Inc. – Exploring Past Producing Gold Mines in Ontario

Rockland Minerals – Advanced Mineral Exploration in the Labrador Trough, Quebec, Canada

Klondex Mines – High-Grade Gold in Nevada

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Analyst's Corner

Bralorne Gold Mines Tops Up Till for Aggressive Expansion Program

Friday May 10, 2013, 9:29am PDT

Bralorne Gold Mines has worked diligently over the past few years to put its namesake mine back into production. In order to increase production and improve the overall economics of the mine, the company is still working to prove up resources as well as expand and rehabilitate mine workings. A $5-to-$7.5 million cash infusion from the current financing will go a long way towards achieving its resource and production expansion goals.

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