Federal data showed new applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labour market conditions tightened further.
“Our gold and silver production met our expectations, with gold production increasing due to the addition of two months of production from the Nevada operations and silver production declining due to lower expected grades at Greens Creek,” said Phillips S. Baker, Jr., President and CEO. “We are on track to meet annual production estimates at all operations.
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NEW DELHI: Gold surged by Rs 555 to reach Rs 32,030 per 10 gram at the bullion market Wednesday, taking positive leads from global markets amid fresh buying by local jewellers.
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Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.
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📌 Silver has a tough year, down 16% YTD.
📌Spec positioning in Comex silver is extremely negative, the CFTC shows.
📌Contrary to gold, silver-ETF investors are value-driven, FastMarkets’ estimates show.
📌I expect silver to win its fight against the present bearish momentum.
📌I propose SLV to take advantage of a potential rally in spot silver prices in Q4 2018.
Gold Silver Reports (GSR) — Silver bars are displayed in the Austrian Gold and Silver Separating Plant Oegussa in Vienna June 2, 2009.