Bitcoin Daily Chart Alert – Bulls Try To Regain Momentum – Mar. 5
Bitcoin-U.S. dollar prices are firmer in early trading Monday. Trading has been sideways and choppy recently, which now favors neither the bulls nor the bears.
Read moreGlobal Gold Production To Decline Through 2020 – BMO Capital Markets
(Kitco News) – The concept of peak gold is something that investors should get used to as one Canadian bank sees gold production falling through 2020 at least.
Read moreBarrick’s Bristow Rejects Newmont’s Joint-Venture Proposal
(Kitco News) – The battle between the world’s two largest gold miners continues to be waged with Barrick Gold’s (NYSE: GOLD, TSX: ABX) CEO Mark Bristow rejecting the latest proposal from Newmont Mining (NYSE: NEM).
Gold Down But Off Daily Lows As U.S. Stocks Sell Off
Gold and silver prices are down but off their session lows in midday trading Monday.
Read moreAustralia Posts Record Gold Production In 2018 – Surbiton
(Kitco News) – Although the gold market is struggling to find momentum, it’s not all doom and gloom as the Australian gold-mining sector is firing on all cylinders, reporting record production in 2018.
Gold Moves Off Daily Lows As U.S. Stock Market Sells Off
Gold prices are still lower on the day, in late-morning price action Monday, but have moved well off their session lows as the U.S. stock market is selling off and trading at its daily lows.
Read moreGold Moves Off Daily Lows As U.S. Stock Market Sells Off
Gold prices are still lower on the day, in late-morning price action Monday, but have moved well off their session lows as the U.S. stock market is selling off and trading at its daily lows.
Read moreRising Equities A New Hurdle For Gold; Support Seen At $1,275 – Analysts
(Kitco News) – While the U.S. dollar remains a headwind for the gold market, analysts warn that the yellow metal faces another major hurdle in the near term — improving investor sentiment in equity markets.
Read moreRBC’s Gero: Stops, Dollar, Equities All Pressuring Gold
Stop-loss and margin-related selling, stronger equities and a firmer U.S. dollar are all pressuring gold, says George Gero, managing director with RBC Wealth Management.
Read moreNewmont Rejects Barrick Merger Proposal But Offers Joint Venture
The board of directors of Newmont Mining Corp. (NYSE: NEM) has decided that Barrick Gold Corp.’s (NYSE: GOLD; TSX: ABX) unsolicited, all-stock proposal to acquire Newmont “is not in the best interests” of Newmont’s shareholders; however, the company has proposed a joint venture with Barrick for Nevada operations, officials said Monday.