Paulson Urges Underperforming Gold Miner to Seek a Buyer

Gold Silver Reports (GSR) – Paulson Urges Underperforming Gold Miner to Seek a Buyer — In a letter to the Toronto-based company’s board, Paulson & Co. said directors had “failed to recruit and oversee a management team capable of operating the Detour Lake mine in a manner that delivers returns to shareholders.” The letter, a copy of which was obtained by Bloomberg, was signed by John Paulson and Marcelo Kim, a partner at the firm.

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Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns

Gold Price Sell-off Deepens despite Rising Tariff, Trade War Concerns

Gold Silver Reports (GSR) – Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns – Gold prices posted an outside weekly reversal off resistance off yearly open resistance earlier this month with the subsequent decline now approaching a series of parallels which could offer some near-term support. The region of interest is $1255/60. Keep in mind that weekly momentum has fallen to its lowest levels since January 2017 and further highlights the downside risk for bullion.

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Monsoon Could Push Gold Price Higher As Rural Demand Picks Up. Where Is Gold Headed To?

Gold Silver Reports (GSR) – Wondering where gold prices are headed to? In the past many weeks, gold prices have been stuck in a narrow range. In the international market, gold prices have been in the range of $1,290 to $1,350 per ounce since April. Domestic gold prices have also displayed a similar trend. Gold prices in Delhi have been around Rs. 32,000 per 10 grams (24 carat) during this period. Are gold prices expected to break the current trend anytime soon? NDTV here brings to you what experts think about the current trend in gold prices.

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