Türkiye to establish new mining exchange in 2026 to boost financing and price transparency as $5,000/oz gold becomes ‘new normal’
(Kitco News) – Türkiye is working to establish a national mining exchange aimed at expanding financing options and increasing price transparency in the sector, according to the Turkish Miners Association (TMD).TMD chairman Mehmet Yilmaz told local reporters on Monday that they expect to receive regulatory approval in short order, and the exchange is planned to launch in calendar year 2026.
Read moreGold prices remain under pressure as U.S. Consumer Confidence rises to 91.2
(Kitco News) – The gold market remains under pressure but continues to hold new elevated support levels above $5,100 an ounce, even in the face of improving U.S. consumer confidence.
Read moreBitcoin Feb. 24 daily chart alert – Bears in firm control
(Kitco News) – Tuesday, February 24—March bitcoin futures prices are lower in early U.S. trading Tuesday and not far above the recent contract low.
Read moreGold price down on profit taking, silver up
(Kitco News) – Gold prices are lower in early U.S. trading Tuesday, on some routine profit-taking pressure from the shorter-term futures traders after hitting a three-week high overnight.
Read moreGold market analysis for February 24 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreRussia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
(Kitco News) – Russia’s central bank sold a significant amount of gold from its reserves in January as prices hit all-time record highs above $5,500 per ounce, according to the latest data from the Central Bank of Russia (CBR).The country sold 300,000 ounces, the CBR announced on Friday, lowering its total gold holdings to 74.5 million ounces. This was the first decrease in Russia’s gold reserves since October.
Read moreSafe-haven rally masks deeper drivers in gold and silver markets- Bawden Capital
(Kitco News) – The ebb and flow of geopolitical uncertainty continues to create unprecedented volatility in the precious metals space, as rising tensions in the Middle East has driven gold prices to $5,200 an ounce and silver prices to $86 an ounce.
Read moreFed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
(Kitco News) – Gold has yet to reflect the full impact of the ongoing geopolitical escalation surrounding Iran, and once the Fed’s easing rate path and the overall market’s rising demand are considered, prices are likely to gain an additional $1,000 per ounce by June, according to analysts at UBS.
Read moreCopper’s $250 billion funding gap pushes streaming giants deeper into mine finance, says Rick Rule
(Kitco News) A widening capital shortfall in copper is reshaping how large-scale projects are financed, with royalty and streaming companies emerging as pivotal sources of funding, according to veteran metals investor Rick Rule.
Read moreCopper’s $250 Billion Funding Gap Pushes Streaming Giants Deeper Into Mine Finance, Says Rick Rule
(Kitco News) A widening capital shortfall in copper is reshaping how large-scale projects are financed, with royalty and streaming companies emerging as pivotal sources of funding, according to veteran metals investor Rick Rule.
Read more