Some interesting speculations about gold coming up. Check out our top headline picks for today:
(Source: Seeking Alpha)
The third quarter of 2017 came to an end last Friday. Gold gained 3.2% in Q3 and was up 11.28% over the first nine months of this year. Gold rose from lows at the start of the year after hitting $1123.90 in December 2016.
The yellow metal traded at its nadir for 2017 on the first trading of this year and it reached a high of $1362.40 on the active month December COMEX futures contract on Sept. 8. Gold rallied over the first three quarters on a combination of factors. The inverse relationship between the yellow metal and dollar provided support for gold. (See full article here)
Gold traded modestly higher on Thursday, with futures poised to register a second straight advance as investors watched data ahead of the key nonfarm-payrolls report on Friday.
December gold on Comex GCZ7, -0.02% was most recently up $3.60, or 0.3%, at $1,280.40. Yesterday the yellow metal, and precious metals broadly, rose despite a monthly service-sector report on Wednesday that climbed to its highest since mid-2005. The exchange traded SPDR Gold Shares GLD, -0.06% looked set to rise 0.3%. The Institute for Supply Management services index for September rose to 59.8% in September. (See full article here)
(Source: Financial Times)
Gold has quietly staged a spectacular rally for much of 2017. A combination of a weaker dollar and an ever changing menu of geopolitical risks, most recently the belligerent rhetoric between the US and North Korea, has propelled the yellow metal up 15 per cent through to early September. (See full article here)
(Source: Economic Times – India)
Shares of Hindustan CopperBSE 4.37 % advanced as much as 4 per cent on Thursday after the company revised basic price of copper cathodes and CC copper rods by up to 2 per cent for the month of October.
The scrip was trading 7.20 per cent up at Rs 62.50 around 9.55 am (IST). It eventually ended the session at Rs 60.85, up 4.37 per cent. Shares of the company opened at Rs 58.95 and touched a high and low of Rs 63.35 and Rs 58.55, respectively. (See full article here)
(Source: Junior Mining Network)
High grade vein style mineralization containing up to 9.22% cobalt and over 5,300 g/t silver found in muckpiles throughout the Cobalt Camp can be considered representative of historic mineralization styles and useful for mineralogical tests (See full press release)