Gold Prices No Longer Attractive; Look Elsewhere For Defensive Assets, Says Wells Fargo
(Kitco News) – Gold prices no longer look attractive based on the way the yellow metal has reacted to recent economic events, this according to John LaForge, head of Real Asset Strategy at Wells Fargo.
Read moreCommerzbank: Swiss Exports To Asia Rise During April
(Kitco News) – Asian gold imports from Switzerland picked up last month, Commerzbank reported. Analysts cited data from the Swiss Federal Customs Administration showing that Switzerland exported nearly 142 tonnes of gold in April, with more than 80% of…
Read moreBarrick Expects Pueblo Viejo Feasibility Study In 2020
(Kitco News) – Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) expects to complete a feasibility study in 2020 on a proposed expansion of the Pueblo Viejo mine in the Dominican Republic, the company reported.
Read moreGold Prices Weaker As U.S. Equities, Greenback Up
(Kitco News) – Gold prices are moderately down in early-morning U.S. trading Tuesday.
Read moreBitcoin Daily Chart Alert – Prices Power Ahead; More Upside Likely – May 28
(Kitco News) – Bitcoin-U.S. dollar prices are higher early Tuesday morning and hit week have surged to a more-than-12-month high.
Read moreFewer Equipment Operators Is Inevitable, Says BHP; Plans To Order 500 Autonomous Haul Trucks
(Kitco News) – >”The technology is coming – whether we like it or not.”
Could This Newly Discovered Gold-Loving Fungus Reveal Massive New Gold Deposits In Australia?
(Kitco News) – Australian scientists discovered a new type of fungus that decorates itself with gold nanoparticles it absorbs from deposits below the surface.
Read moreGold To Tackle $1,300, Watch For ‘Deteriorating Data’ — TD Securities
(Kitco News) – “Buying the dips” will define gold’s latest trading pattern as the precious metal heads towards $1,300 in the near-term, guided by a dovish Federal Reserve and an aversion to risk amid U.S.-China trade tensions, according to TD Securities.
Read moreAfter EU Elections, Gold Needs To See A Hard Brexit To Catch A Bid – Analysts
(Kitco News) – Britain’s plan to leave the European Union continues to get messier and messier and although the political turmoil is not helping gold right now, analysts say it is not the time to ignore the precious metal’s safe-haven appeal.
South32 Awards A$60 Million Contract
(Kitco News) – Services include scaffold services and highly skilled rope access technicians.
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