Gold’s ‘Cyclical Repricing’: Ceiling At $1,440, Hard Floor At $1,350 — Scotiabank
(Kitco News) – A major macro shift has triggered gold’s breakout in June, which has led to the metal’s “cyclical repricing” with the new ceiling set at $1,440 an ounce and a new hard floor at $1,350, according to Scotiabank.
Read moreGold Price Has New Targets: Ceiling At $1,500, Hard Floor At $1,350 — Scotiabank
(Kitco News) – A major macro shift has triggered gold’s breakout in June, which has led to the metal’s “cyclical repricing” with the new ceiling set at $1,500 an ounce and a new hard floor at $1,350, according to Scotiabank.
Read moreCould Space Be The Next Frontier In Mining? Golden Asteroid Raises Hopes, And Doubts
(Kitco News) – Could Space Be The Next Frontier In Mining? Golden Asteroid Raises Hopes, And Doubts
Read moreProposed Rare Earth Mine In Greenland Claims ‘Lowest Capital Intensity’
(Kitco News) – Greenland Minerals said it reduced previous capital cost estimates “…through substantial reductions in civil earth works for site preparation, updated port design by specialist groups, and greater use of local materials.”
Read moreCME to Launch Shanghai-Settled Gold Future Contracts in Q4
(Kitco News) – China continues to establish its dominance in the gold market as it works with the CME Group to launch two new gold future contracts.
Read moreGold Languishing, Awaiting New Fundamentals
(Kitco News) – Gold prices are slightly lower in midday U.S. trading Tuesday. The precious metal is feeling some mild pressure from of a solid rebound in the U.S. dollar index, which hit a three-week high today.
Read moreLBMA, CME See Unprecedented Record Trading Volume In Gold Market In June
(Kitco News) – June saw gold’s best price gains in three years as prices pushed above $1,400 for the first time in six years, and trade data shows that those gains were the result of unprecedented trading activity.
Gold Trims Losses As Traders Buy The Dip
(Kitco News) -Gold prices in late-morning dealings Tuesday have erased most of the moderate losses seen overnight and in early U.S. trading.
Read moreMoney Managers Still Hiking Bullish Posture In Gold
(Kitco News) – Money managers continued to build their bullish positioning in gold futures, despite volatility in prices during the most recent reporting week for positioning data compiled by the Commodity Futures Trading Commission.
Read moreTorex Reports Record Quarterly Gold Production
(Kitco News) – Torex Gold Resources Inc. (TSX: TXG) posted record gold production of 113,600 ounces during the second quarter, the company announced Tuesday.
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