Caterpillar’s Mining Sales Up 52% In Asia/Pacific
(Kitco News) – While Caterpillar could point to higher sales, the good news was hampered by margins squeezed by higher manufacturing costs. Shares were off 2.45% to $138.45 as of 12:29 p.m. ET.
Read moreCentral Bank Gold Demand Won’t End Soon As RBI Expected To By 1.5 Million Ounces This Year – Analysts
(Kitco News) – Generalist investors continue to shun the gold market to focus on record equity prices, but there is still one sector that is interested in the precious metal.
Read moreGold, Silver Prices Rebound From Recent Losses
(Kitco News) – Gold and silver prices are moderately up in early-afternoon U.S. trading Wednesday, on corrective rebounds following selling pressure that Tuesday drove both metals to four-month lows.
Read moreWorld Bank Positive On Gold, Cools On Silver Prices For 2019
(Kitco News) – Gold prices are struggling to bounce off its year-to-date lows, but the World Bank remains optimistic that prices will continue to move higher through the rest of the year.
Read moreInvestment Sentiment May Reflect False Sense Of Security
(Kitco News) – Retail gold investors have been staying on the sidelines, favoring equities markets still, while they set aside the possibility of a recession, said Sylvia Carrasco, CEO and founder of Goldex Technologies.
Read moreTDS: Gold Not Far From 200-Day Moving Average
(Kitco News) – Some key technical-chart levels near or just below current gold prices, points out TD Securities. “The key level to watch in gold is $1,271/oz, while the 200dma [200-day moving average] is not far off at $1,266/oz.
Newmont Goldcorp Announces 14-Cent Quarterly Dividend
(Kitco News) – Newmont Goldcorp Corp. (NYSE: NEM, TSX: NGT) reports that the board of directors has declared a quarterly dividend of 14 cents per share, payable on June 20 to shareholders of record at the close of business on June 6.
Read moreGold, Silver Prices See Tepid Rebounds At Mid-Week
(Kitco News) – Gold and silver prices are slightly up in early U.S. trading Wednesday, on weak rebounds following selling pressure that Tuesday drove both metals to four-month lows.
Read moreBitcoin Daily Chart Alert – Normal Corrective Pullback At Mid-Week – Apr. 24
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday, after scoring a five-month high Tuesday.
Read moreFresh Shorts Are Driving Gold’s Sell-Off — Scotiabank
(Kitco News) – The recent move down in gold prices has been driven by fresh short positions amid lack of risk-off sentiment, according to Scotiabank.
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