Gold and silver are trading higher leading into the European open
(Kitco News) – Gold and silver are trading higher leading into the European open. The yellow metal has moved above $1900/oz again to trade 0.13% in the black while silver has moved 0.73% higher to trade at $28.18/oz. In the rest of the commodities comp…
Read moreSouth Africa’s mining industry soars 117% in April
(Kitco News) – Statistics South Africa (Stats SA) reported today that the domestic mining production increased by 116.5% year-on-year in April 2021.
Read moreInflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker
(Kitco News) – Inflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker
Bitcoin to surge to $1 million in 6 years as it becomes more scarce than gold, says crypto-asset expert
(Kitco News) – The popular cryptocurrency is known for its volatility, so don’t be surprised to see prices surge to $1 million this decade as bitcoin becomes more scarce than gold and big pension funds start piling in, according to Fred Pye, president …
Read more‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
(Kitco News) – ‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
Gold Mountain expects first revenue from its Elk Gold mine this November
(Kitco News) – Gold Mountain said it is on schedule for ore delivery in October and revenue in November 2021.
Read moreSchlumberger partners with Panasonic on new battery-grade lithium production process
(Kitco News) – Schlumberger New Energy and Panasonic Energy of North America announced today that they have entered into a collaboration agreement for the validation and optimization of the innovative and sustainable lithium extraction and production p…
Read moreGold, silver slightly up; traders looking for a catalyst
(Kitco News) – Gold and silver prices are a bit higher in midday U.S. trading Thursday, near and hitting daily highs just after midday. Some more profit taking from the shorter-term futures traders was featured again today.
Read moreCommodity trading giant Trafigura reports fourfold half year net profit increase
(Kitco News) – Trafigura Group, one of the world’s leading independent commodity trading companies, reported Thursday that for the six-month period ended 31 March 2021, the company’s revenue rose 19 percent to USD98.4 billion from the first half of 2020 as a result of increased traded volumes and higher commodity prices.
Gold price at ‘steep discount’ vs. crude oil: $2,000 gold will be breached – Bloomberg Intelligence
(Kitco News) – Gold is re-starting its bull rally, with the precious metal currently trading at a “steep discount” to crude oil, according to Bloomberg Intelligence.
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