Gold Softens as Investors Await FOMC Outcome
Reuters reported that gold pulled back on Tuesday as the dollar gathered steam as investors watch and wait for the results of the FOMC meeting.
Articles Tagged "gold news"
Investor Concern In Advance of U.S. Fed Meeting Pulls Gold Down Slightly
Bloomberg reported that gold pulled back on Monday in London, as investors were cautious in advance of a two-day U.S. Fed meeting.
Analysts Expressing Bleak Sentiment for Gold, Bullion on Track for First Annual Drop Since 2000
Bloomberg reported that gold traders are bearish, and have reduced their ETP holdings for an unprecedented 17th week in a row.
Gold Continues to Rally on Soft Dollar, Equity Markets
Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.
Alacer Gold Corp Intends to Divest Australian Assets
Alacer Gold Corp. (TSX:ASR,ASX:AQG) announces today that it intends to look at the possibility of selling its Australian assets.
Gold Hovers Around $1,380/oz as Equities Gain Stability
Reuters reported that gold found steady ground in London on Wednesday, holding close to $1,380/oz, as equities gained some balance after two days of losses.
McEwen Mining Slashes Growth Forecast
Mining Weekly reported that McEwen Mining has revised their gold-equivalent output by 2016 down by 22 percent, the latest gold miner to be impacted by the dramatic drop in gold prices and pressure to cut costs.
Gold Due to Fall to $1,250/Ounce, After Forming Symmetrical Triangle: Technical Analysis
Bloomberg reported that, according to technical analysis from Bank of America Corp., gold is poised to plummet to $1,250 an ounce over the next month.
Kinross Gold Scraps Fruta del Norte Project
Mining Weekly reported that Kinross Gold is not proceeding with development at the Fruta del Norte project in Ecuador, after common ground could not be reached with the government.
Esperanza Resources Announces Status Updates for Esperanza Environmental Permit Process
Esperanza Resources Corp. (TSXV:EPZ, OTCQX:ESPZF) announced that they have not yet received initial environmental permit application approval from the Mexican federal permitting authority, Secretaría de Medio Ambiente for their Esperanza gold project.
