Latest News

Bitcoin Daily Chart Alert – “Dead Calm” But For How Long? – Oct. 25

Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Thursday—marking a string of several sessions of very low volatility.

ECB Leaves Interest Rates Unchanged

Agnico Eagle 3Q Profit Declines; Output Guidance Hiked

(Kitco News) – Agnico Eagle Mines Ltd. (NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the third quarter compared to a year ago but increased its production guidance for 2018 and 2019.

Goldcorp Lists $101 Million 3Q Loss; Output Falls

(Kitco News) – Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss for the third quarter as production declined from the same period a year ago, although it is expected to improve in the current quarter.

Barrick Reports $405 Million Impairment Charge In Q3 Earnings

(Kitco News) – Barrick Gold Corp. (NYSE: ABX, TSX: ABX) late Wednesday reported adjusted net earnings for the fourth quarter that were lower than a year ago as the prices of metals fell.

Gold To Replace U.S. Treasuries As The ‘Ultimate Risk-Off Asset’ – INTL FCStone

If the Fed continues to steadily raise interest rates higher, gold will replace U.S. Treasuries as the “ultimate risk-off asset,” according to the New York-based INTL FCStone.

Sentiment In The Mining Sector Making Baby Steps – Beacon Securities

(Kitco News) – There appears to be light at the end of the mining sector’s very long and very dark tunnel, according to one research firm.

Where Is Gold Headed Next Week? VOTE NOW!

Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term

Gold, Silver Prices Sees Some Pressure From Strong U.S. Dollar

Gold prices are modestly lower in early-afternoon U.S. trading Wednesday, on a normal corrective pullback after good gains Tuesday that pushed prices to a nearly three-month high.

It Doesn’t Feel Like It But Mining Sector Is Alive – Chad Williams

(Kitco News) – While 2018 has not been a positive year for the mining sector, the rumors of its demise are greatly exaggerated, according to one financing executive.