Gold Miners Must Be Ambivalent To Gold Price Jumps — CEO
One successful approach to structuring a mining business is being “ambivalent” to gold price moves, said B2Gold CEO Clive Johnson.
Romania Proposes to Repatriate 95% Of Its Gold
(Kitco News) – Not only do central banks want more gold but some of them want to hold it in their own vaults.
Read moreFed Will Continue To Dominate Bond Markets, Which Is Good For Gold – Degussa
(Kitco News) – During his second day of testimony to Congress, Federal Reserve Chair Jerome Powell said that the central bank is formalizing a plan that would stop the rundown of its balance sheet later this year.
Read moreGold, Silver Prices Slip As U.S., World Stock Markets Remain Resilient
Gold and silver prices are moderately lower in early-afternoon U.S. trading Thursday.
Read moreUzbekistan Central Bank Looks To Increase Gold Reserves To 430 Tonnes In Five Years
(Kitco News) – According to international media reports, Uzbekistan expects to increase its gold reserves to 430 tonnes between 2020 and 2024 as the country looks to develop its domestic gold deposits.
Read moreGold Loses Early Gains As U.S. Dollar Index Firms Up
Gold prices have lost their modest early gains in late-morning action Thursday. The yellow metal faded as the U.S. dollar index moved slightly higher on the day and is trading near its session high.
Read moreBMO: Sentiment For Metals Markets ‘Surprisingly Positive’
Analysts at BMO Capital Markets say sentiment toward metals in general appears “surprisingly positive.” BMO this week held a major annual conference that always draws investors and chief executives of many of the major mining companies.
Osisko Gold Royalties Closes Silver Stream Transaction
Osisko Gold Royalties Ltd. (TSX, NYSE: OR) says it has closed a silver stream transaction for 100% of the future silver produced from the Horne 5 property in Québec by Falco Resources Ltd.
Gold Prices Up On Safe-Haven Buying
Gold prices are moderately higher in early U.S. trading Thursday, lifted in part by some safe-haven demand for the metal amid keener risk aversion in the marketplace late this week.
Read moreGold Moves Little After U.S. Jobless Claims Rise To 225,000
Kitco News reports on U.S. jobless claims in week to Feb. 23
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