Metals Focus: PGM Output Near Historic Highs; Rand Pivotal
SEMAFO Inc. (TSX: SMF) says it has achieved production guidance for the ninth straight year, reporting 2016 output of 240,200 ounces at its Mana Mine in Burkina Faso.
Read moreI Advise Central Banks, And I Tell Them To Buy Gold: Professor
(Kitco News) – Gold prices continue to benefit as investors seek safe-haven assets, and although one professor is not a ‘wild bull’ on the metal, he remains fairly optimistic.
Gold Sees Some Pressure After Stronger U.S. ADP Jobs Report
(Kitco News) – Gold prices are modestly lower and trading near the session low in early U.S. trading Wednesday.
Gold Down Following 246K Print In ADP Employment Data
(Kitco News) – Gold are falling to key psychological support at $1,200 an ounce following a stronger-than-expected rise in private-sector employment data.
Read morePRECIOUS-Gold slips on dollar recovery ahead of U.S. Fed rate decision
Feb 1 Gold slipped on Wednesday as the dollar
recovered from over 7-week lows and traders waited to see if the
U.S. Federal Reserve will keep its interest rates unchanged amid
uncertainty over the policies of President Donald Trump.
A Tale of Two Countries
In his novel, A Tale of Two Cities, Charles Dickens writes, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,” to illustrate the duality that existed between the classes during that time period.
Buyer Beware: PNG Says Donald Trump Commemorative Coin Offers Little Value
(Kitco News) – Coin collectors are being warned to not get too caught up in Trumpmania and should be wary of buying President Donald Trump souvenirs that are being touted as rare collectable coins.
Read moreGold Has Room To Move Another 5% In 2017, LBMA Sees This Avg. Gold Price Of $1,244
(Kitco News) – Gold and silver have room to move higher due to growing global uncertainty, at least that’s what the latest forecasts from London Bullion Market Association contributors suggests.
Gold Sees Solid Gains Amid Safe-Haven Buying, Bullish “Outside Markets”
(Kitco News) – Gold prices were seeing strong gains in late U.S. trading Tuesday. Safe-haven demand amid some world stock market jitters just recently is featured in gold early this week.
Deutsche Bank In More Hot Water, Fined $630 Million By US, UK Regulators
(Kitco News) – Deutsche Bank is once again in trouble with regulators.
Read more