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Gold Hits Seven-Week Low on Fed Rate-Increase Expectations

Wall Street Journal - ‎4 hours ago‎
Gold is still up 15% since the first trading session of the year, buoyed largely by a weaker dollar and haven demand. Investors have been their most bullish on gold in nearly five years amid global economic uncertainty and financial-market volatility ...

Get into gold now! Prices could hit $1900: Boockvar

CNBC - ‎11 hours ago‎
Gold's losing streak continued on Tuesday as the precious metal tumbled to its lowest level in more than five weeks. However, one of Wall Street's most closely followed analysts says the dip presents a prime buying opportunity and that bears are ...
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ETF investors pile in despite worst gold price run in 6 months

MINING.com - ‎2 hours ago‎
On Wednesday, gold suffered its sixth straight day of declines as economic data out of the US made an early rate hike by the Federal Reserve more likely and large-scale futures market investors scrambled to liquidate long positions not seen since 2011.

Venezuela sells gold reserves as economy worsens

Financial Times - ‎4 hours ago‎
Venezuela's gold reserves have plunged to their lowest level on record after it sold $1.7bn of the precious metal in the first quarter of the year to repay debts.
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Sadiq Khan condemns foreign investors' use of London homes as 'gold bricks'

The Guardian - ‎6 hours ago‎
The mayor of London, Sadiq Khan, has attacked foreign investors for using homes in the capital as “gold bricks for investment” following a Guardian investigation that revealed the UK's tallest residential skyscraper is now more than 60% foreign-owned ...

RANKED: The top 10 countries with the largest gold holdings

Business Insider - ‎35 minutes ago‎
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia and China ...
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Gold Down Again, Hits 7-Wk Low; Technical Posture Deteriorating

Forbes - ‎5 hours ago‎
(Kitco News) - Gold prices ended the U.S. day session moderately lower and scored a seven-week low Wednesday. Follow-through technical selling pressure was featured as the near-term chart postures for both gold and silver markets have significantly ...
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How Copper, Gold, and Silver Performed on May 25

Yahoo News - ‎1 hour ago‎
After a disappointing performance on May 24, 2016, gold has continued to fall and is trading near seven-week lows. At 2:58 PM EST on May 25, gold futures for June delivery were trading at $1,224.90 per ounce, a fall of 0.35%. Silver was trading at $16 ...

If You Own 1 Gold Stock, Make it Franco-Nevada Corp.

The Motley Fool Canada - ‎6 hours ago‎
Allow me to start this with a bit of a confession. I don't really like the gold sector. There are several reasons for my hard feelings.
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TSN and RDS score record audience with Canada's gold at Worlds

TSN - ‎5 hours ago‎
Led by Connor McDavid, Team Canada's second consecutive gold medal win at the 2016 IIHF WORLD CHAMPIONSHIP was a record-breaker.
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Celebs Are Wearing Real Gold...on Their Face

E! Online - ‎6 hours ago‎
It doesn't come as much of a shock (them wearing real gold and all), but what's really shocking is the price tag. The exact 22-carat gold-plated titanium Linda Farrow frames seen on Kloss retails for $1,105. That's a good chunk of change for some sunnies.
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Gold Sees Follow-Through Selling, Hits 7-Week Low

Forbes - ‎10 hours ago‎
(Kitco News) - Gold prices are modestly lower and scored a seven-week low in early U.S. trading Wednesday. Follow-through technical selling pressure is featured as the near-term technical postures for both gold and silver markets have significantly ...

May 25, 2016 | World Gold Council: Demand up in Q1

The Northern Miner (subscription) - ‎6 hours ago‎
Global gold demand reached 1,290 tonnes in the first quarter of 2016 - a 21% increase, compared to the same period last year - making it the second-largest quarter on record.

Gold drops to seven-week low on Fed rate hike prospects

Yahoo News - ‎12 hours ago‎
BENGALURU (Reuters) - Gold dropped to a seven-week low on Wednesday, driven by expectations of an early interest rate hike by the U.S.
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Centerra Gold charged $98M fine for environmental damage in Kyrgyzstan

MINING.com - ‎7 hours ago‎
Canada's Centerra Gold (TSX:CG) received Wednesday yet more bad news from Kyrgyzs authorities as a court ruled its local subsidiary, Kumtor, must pay about $98 million for environmental damage.
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Gold Price Falls Hard as Rate Hike Expectations Intensify

Nasdaq - ‎6 hours ago‎
Gold prices are poised to close down for the 6 th day in a row and in 12 of the last 18 trading sessions. This is a result of Fed trying to open the minds of traders to a summer rate hike.
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Gold price rally boosts Canada's mining sector growth

MINING.com - ‎8 hours ago‎
Canada's mining sector got a shot in the arm in the first three months of 2016, recording gains that outperformed both the Toronto Stock Exchange and the London Metals Exchange in the period, a new report shows.

Using solid-state materials with gold nanoantennas for more durable solar cells

Science Daily - ‎8 hours ago‎
Gold nanoparticles were introduced between the two layers to act like an antenna that harvests visible light. The team tested the properties of these fabricated devices with and without an intermediary step following the deposition of nickel oxide that ...

Gold futures settle at a seven-week low

MarketWatch - ‎4 hours ago‎
Gold futures settled at their lowest level in seven weeks on Wednesday as overall gains in the U.S. dollar and equities continued to dull the metal's investment appeal.
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Gold price drops to six-week low

MINING.com - ‎May 24, 2016‎
On Tuesday, gold suffered its worst trading day since late March as exceptional housing numbers in the US put a June rate hike by US Federal Reserve firmly back on the table.
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