Gold Pounded To 4-Mo. Low, Bears Gain More Technical Power
(Kitco News) – Gold prices are solidly down and hit a nearly four-month low in early-afternoon U.S. trading Tuesday. “Risk-on” trader and investor attitudes that are seeing monies flowing into stocks are at the same time squelching buying interest in the safe-haven metals markets.
Gold To Fall To $1,260 As Critical Retracement Level Tested – Analysts
(Kitco News) – Once again gold is on the back foot, falling to a critical retracement level and although support has held some analysts are not optimistic that prices will hold.
Read moreGold Output To Hit Record High In 2019: S&P Global Market Intelligence
(Kitco News) – Gold production will reach a record high of 109.6 million ounces in 2019, according to a recent report from S&P Global Market Intelligence.
Credit Suisse: ‘We Remain Positive On Gold Prices In 2019’
(Kitco News) – Credit Suisse says it remains upbeat on gold prices, although the bank’s full-year average price forecast is around current levels. As of 9:12 a.m. EDT, spot gold was $8.90 softer at $1,278.50 an ounce.
Credit Suisse: ‘We Remain Positive On Gold Prices In 2019’
(Kitco News) – Credit Suisse says it remains upbeat on gold prices, although the bank’s full-year average price forecast is around current levels. As of 9:12 a.m. EDT, spot gold was $8.90 softer at $1,278.50 an ounce.
Kinross Gold Streamlines Senior Management
(Kitco News) – Guyana Goldfields Inc. (TSX: GUY) reports that gold production was some 36,600 ounces in the first quarter, leaving the company on track to achieve 2019 guidance of 145,000 to 160,000 ounces.
Read moreFirst Majestic 1Q Silver-Equivalent Output Sharply Higher Than Year Ago
(Kitco News) – First Majestic Silver Corp. (TSX: FR; NYSE: AG; Frankfurt: FMV) Tuesday reported a sharp increase in first-quarter output to 6.3 million silver-equivalent ounces, well up from 3.9 million in the same quarter a year ago.
Read moreRallies In Equities Continue To Punish Gold, Silver Prices
(Kitco News) – Gold and silver prices are again weaker in early U.S. trading Tuesday.
Read moreBitcoin Daily Chart Alert – Recent Pause Is Not Bearish – Apr. 16
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Tuesday. The recent sideways price action, or pause, is not bearish.
Read moreDollar Is Overvalued, ‘Extremely Attractive’ For Long-Gold Positions — Standard Chartered
(Kitco News) – Gold bulls’ frustrations aside, this is an “extremely attractive environment” to establish long-gold positions, according to Standard Chartered.
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