Metals Focus: Silver Prices May Not Gain On Gold Until Later In 2019
(Kitco News) – Silver prices may well continue to underperform gold until near the end of the year before silver starts to catch up, said the consultancy Metals Focus in a report Tuesday.
Read moreGold Prices Lose Some Altitude But Bulls Still Strong
(Kitco News) – Gold prices are still holding double-digit gains in late-morning action Wednesday. However, prices have backed off the earlier highs that notched 3.5-month highs
Read moreRise In Service Sector Sentiment Pushes Gold Prices Off Session Highs
(Kitco News) – Gold prices continue to hold decent gains hovering near a three-month high as sentiment in the service sector increased the second time in only six months, according to the latest data from the Institute for Supply management (ISM).
Read moreWorld Bank Down Grades Global Growth To 2.6% For 2019
(Kitco News) – The World Bank is adding to growing recession fears after the international institution downgraded its global growth outlook.
Read moreCommerzbank: Indian Imports Strong In May Due To Low Prices
(Kitco News) – India imported a large amount of gold during May, with buyers encouraged by prices that were low in the country’s currency, Commerzbank said.
Venezuela Defaults On Gold Swap — Bloomberg
(Kitco News) – Venezuela has defaulted on a gold-swap agreement with Deutsche Bank AG that was valued at $750 million, Bloomberg reported Tuesday.
Read moreGold Bulls Back In Business; Prices Power To 3.5-Mo. High
(Kitco News) – Gold prices are solidly up and hit a 3.5-month high in early U.S. trading Wednesday. Silver prices are also up today and hit a three-week high.
Read moreGold Prices Up 1% After 27K Job Growth In U.S. ADP Employment Report
(Kitco News) – Gold prices are up 1% on the day and near session highs following a significantly weaker growth in private sector employment, according to the latest report from private payrolls company ADP.
Read moreBitcoin Daily Chart Alert – Bulls Work To Stabilize Prices – Jun. 5
(Kitco News) – Bitcoin-U.S. dollar prices are higher Wednesday as the bulls try to stop this week’s bleeding that drove prices to a nearly three-week low.
World Heritage Site At Risk After Pump Station Looted: AFR
(Kitco News) – â??If the pumping stops for a prolonged period, like a month, we run the risk of a decant of toxic and radioactive acid mine water into the surrounding Cradle of Humankind.â?