The Gold Report
Gold prices soared again on Thursday in U.S. trading, erasing some of its losses from earlier in the week. December gold added $8.10 to finish at $743.80 an ounce. Earlier, it had dipped to as low as $726.30, its lowest level in more than two weeks.
The metal rebounded as the greenback slipped against the euro on weak economic data in the U.S. After reaching a 10-day high against its European counterpart, the dollar dropped in the mid-morning. Last week, gold moved to a 27-year high as the greenback fell to a record low against the euro.
Notable Quotes
"GRG outlined ~110 Moz Ag eq at Chinchillas, and it has barely scratched the surface." (6/17/13) Golden Arrow Resources Corp. - The Gold Report Interview with Jay Taylor More >
"AVA's grades are around 1 g/t, with lots of exploration potential." (6/17/13) Aurvista Gold Corp. - The Gold Report Interview with Jay Taylor More >
"We saw insider buying in DGC, which has gone to the capital markets to raise money." (6/14/13) Detour Gold Corp. - The Gold Report Interview with Ted Dixon More >
"The potential for the court to award RPM either the LH claims outright or give it some substantial settlement make it a company to watch." (6/1/13) Rye Patch Gold Corp. - Brien Lundin, Gold Newsletter (Jefferson Financial) More >
"For a junior, CYD offers a lot to like, including a good share structure and money in the bank." (6/12/13) Cayden Resources Inc. - The Gold Report Interview with Brien Lundin More >
Gold Prices Close Sharply Higher After Early Slump
Source: RTTNews.com (10/4/07)
Gold prices soared again yesterday in U.S. trading, erasing some of its losses from earlier in the week. December gold added $8.10 to finish at $743.80 an ounce. Earlier, it had dipped to as low as $726.30, its lowest level in more than two weeks.
More Experts
"GUY has a robust project, advanced permitting and manageable capital requirements in a mining friendly jurisdiction." (6/7/13) Guyana Goldfields Inc. - Brad Humphrey, Raymond James More >
"MND's higher grades and improving operating performance offer near-term production growth at reduced operating costs." (6/6/13) Mandalay Resources Corp. - Chris Thompson, Raymond James More >
"SSO is well positioned to be a consolidator of silver assets." (6/10/13) Silver Standard Resources Inc. - The Gold Report Interview with Keith Phillips More >
"NRE is into the heaviest and rarest of the rare earths; I'll almost surely buy after the metallurgical report is out." (6/4/13) Namibia Rare Earths Inc. - Thom Calandra, The Calandra Report More >
"BTO is a great mid-cap, higher-grade company that performs well." (6/7/13) B2Gold Corp. - The Gold Report Interview with Frank Holmes and Brian Hicks More >