How much gold can $70 million buy, some lucky Canadians could soon find out
(Kitco News) – Lotto excitement is spreading across Canada as the nation prepares for its biggest lottery draw in history.
Read moreNew York Fed Empire State Survey falls to 17.4 in June
(Kitco News) – The manufacturing in the New York region hit a speed bump last month as activity slowed more than expected, according to the latest data from the New York Federal Reserve.
Read moreU.S. PPI beats expectations in May, gold price flat
(Kitco News) – Gold was largely unchanged after the U.S. Producer Price Index (PPI) beat expectations in May by rising 0.8%.
Read moreGold prices continue to struggle despite 1.3% drop in U.S. retail sales
(Kitco News) – The gold market is struggling to hold in positive territory even as U.S. consumers spent less than expected in May.
Read moreGold price firmer ahead of U.S. data, including FOMC
(Kitco News) – Gold prices are slightly up in early morning U.S. trading Tuesday, as the market awaits a slew of important U.S. economic data due out today, and amid the start of the Fed’s monetary policy meeting.
Bitcoin daily chart alert – Bulls optimistic after stabilizing prices – Jun. 15
(Kitco News) – Bitcoin-U.S. dollar prices are slightly higher in early U.S. trading Tuesday. Bulls have made a solid rebound from recent selling pressure.
Read moreWestern Australia ask the national government to make peace with China
(Kitco News) – Since the escalations with China have risen no state in Australia has been hit harder than Western Australia (WA). Most of the country’s iron ore, gold, and oil are produced there and Mark McGowan the premier has had his say on the debate.
Read moreU.S. Mint gold bullion sales rose 360% in May
(Kitco News) – In May 2021, the U.S. Mint has reportedly sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of 2020. In addition to this, American Buffalo gold coins were even more popular, with 44,000 one-ounce gold coins sold in…
Read moreGold is trading flat ahead of the European open
(Kitco News) – Gold is trading just above flat leading into the European open at $1866/oz. Silver is slightly worse off and has moved -0.55% lower to trade at $27.70/oz. In the rest of the commodities complex, copper has moved another 2% lower while sp…
Read moreSomething is ‘ridiculously wrong’ with this trading signal – Michael Gayed on lumber/gold
(Kitco News) – Something is ‘ridiculously wrong’ with this trading signal – Michael Gayed on lumber/gold