The gold price rose on Friday as the US dollar fell against the euro.
The gold price edged lower on Friday after a stronger-than-expected US jobs report increased fears of another rate hike.
The gold price is on track for a weekly gain, supported by political uncertainty and a weaker dollar.
The gold price was set to touch a six-week high on Friday after a disappointing US jobs report.
Silver, copper and oil are also on track to make gains this week.
The gold price suffered as investors turned to riskier assets earlier in the week.
Columbus Gold (TSX:CGT)(OTCQX:CBGDF) (“Columbus”) is pleased to announce that it has initiated a 12 hole 3,700 meter RC drill program at Target 5 at its Eastside gold project in Nevada. Target 5 is located about 8 km (5 miles) south of the Original Zone where Columbus announced an initial NI
Northern Vertex Mining Corp (TSXV:NEE) – Holes WW-16 and WW-17, which comprised nine-inch-diameter holes drilled as water wells, intercepted gold and silver mineralization 130 feet below the established gold-silver open-pit resource at Northern Vertex Mining Corp.’s Moss mine. The intercept in WW-16 calculates as 1.178 g/t gold plus 24.152 g/t
Endeavour Silver (TSX: EDR) (NYSE: EXK) reports 2016 production of 5.4 million ounces (oz) silver and 57,375 oz gold, slightly above guidance on gold and slightly below guidance on silver. Silver equivalent production totalled 9.7 million oz at a 75:1 silver: gold ratio, in line with guidance.
Silver production in the
By Jocelyn Aspa
Silver prices appear to be continuing their downward trend, dropping sharply on August 21 from $19.25 per ounce to to $18.82 per ounce as of 2:07 p.m. EST on August 23, hitting an overall two week low.
The significant drop Sunday night, however, marked a seven-week low, with pressures of
VANCOUVER, British Columbia, Aug. 03, 2016 (GLOBE NEWSWIRE) — Teuton Resources Corp. (“Teuton”) (TSX-V:TUO) (Frankfurt:TFE) (OTCBB:TEUTF) is pleased to announce that diamond drilling is set to begin within the next few days on the Treaty Creek Project, a joint venture between Teuton, Tudor Gold and American Creek.
Pursuant to the joint venture