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This of course should benefit precious metal miners, but in the case of Randgold Resources , it appears not...The damage has been done by a couple of analyst downgrades ahead of results next week. UBS has moved from buy to neutral, not on any
This week is one of the busiest for second-quarter earnings . Among companies in the Standard & Poor's 500 Index, 148 post results this week, according to FactSet. A couple of key silver stock earnings are among reports to watch today (Wednesday) and
Gold prices maintained their sideways action on Tuesday, moving just a fraction higher ahead of this week's flood of economic data. Gold for August delivery was up $4.60, or 0.4%, to $1,305.30 an ounce. September silver fared better, up 18 cents,
Silver prices today were up marginally as the major indexes faltered, but still remain down on the week after positive economic news yesterday (Thursday). The Dow Jones Industrial Average was down 0.7% by market's close today (Friday), while the S&P
August delivery, the most actively traded contract, on Wednesday fell $US1.60, or 0.1 per cent to $US1,304.70 a troy ounce on the Comex division of the New York Mercantile Exchange...US Secretary of State John Kerry said there had been "steps forward"
is considered less risky than other silver-related investments (mainly because it's a streaming company and not a producer), the worldwide leading silver streaming company still faces several challenges that could impede its progress in the future.
Gold prices edged lower on Tuesday and now have to grapple with what's shaping up to be a decent earnings season. A slew of notable economic reports is also on tap throughout the day, including existing home sales. At last check, gold for August
Analysts expect movement in gold to be closely impacted by how geopolitical developments unfold. (Chris Ratcliffe, Bloomberg) Gold gained in New York, after the first weekly loss in seven, as investors weighed tension in Ukraine and Gaza against the
Gold futures for August delivery rose 1.3 per cent to settle at $US1,316.90 an ounce in afternoon trading in New York, the biggest gain for a most-active contract since June 19. Trading was 29 per cent above the 100-day average for this time,
Gold took a few more hesitant steps higher on Thursday, as traders struggle over attractive price levels in the face of what looks to be an improving U.S. economy. At last check, gold for August delivery was up $5.70 to $1,305.50 an ounce.