Gold Up, Set to Extend Gains to Sixth Session

Source: MarketWatch, Myra P. Saefong and Virginia Harrison (6/15/12)

"Gold futures climbed Friday, poised to extend their gains to a sixth session, as the prospect of fresh economic stimulus from the world's central banks underpinned demand."

MarketWatch, Myra P. Saefong and Virginia Harrison

Gold futures climbed Friday, poised to extend their gains to a sixth session, as the prospect of fresh economic stimulus from the world's central banks underpinned demand.

Gold for August delivery added $8, or 0.5%, to $1,627.60 an ounce on the Comex division of the New York Stock Exchange. The metal is on track for a weekly gain of 2.3%.

Weak U.S. data coupled with troubles in Europe have stirred hopes of more monetary stimulus measures from global central banks.

"With the weekend upon us, market risks in gold and silver have heightened considerably as the outcome of the Greek election is uncertain, with the left-wing evenly matched with the right wing," said Julian Phillips, an editor at GoldForecaster.com and SilverForecaster.com. . .View Full Article

Franco Will Increase Production Without Cobre Panama
Source: Adrian Day (04/17/2024)

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.

Significant Gold Discoveries Reported at K2 Zone
Source: Streetwise Reports (04/17/2024)

New Found Gold Corp. has reported gold intercepts from its K2 Zone at the Queensway project in Newfoundland and Labrador. and Labrador. Read on to see what some experts are saying about this gold stock.

Why Experts Like This South Dakota Stock
Source: Streetwise Reports (04/16/2024)

Dakota Gold Corp. is making waves with its promising projects in South Dakota's historic Homestake District. Read on to see why some experts like this gold stock.

Gold Stealth Rally as China Takes Control
Source: Ron Struthers (04/15/2024)

Ron Struthers of Struthers Resource Stock Report shares his thoughts on the current state of the gold market, as it had a strong run and a pause. He also shares one stock he believes deserves a higher valuation.