Coeur CEO Comments on Silver Price & Market Volatility
Kitco News sits with Coeur Mining’s CEO Mitch Krebs to talk about silver’s recent price action and how he plans to position the company to excel under current market conditions.
Concerns Over China Dominate WEF2016, But Leaders Remain Optimistic
(Kitco News) – Concerns over China’s slowing growth could be overblown as the country continues a “historic transition” of its economy, according to some of the recent comments from the 2016 World Economic Forum (WEF) in Davos, Switzerland.
ECB Ready To Act But Markets Will Have To Wait Until March Meeting
(Kitco News) – Financial markets will have to wait until at least March to see if the European Central Bank (ECB) will introduce new monetary policy measures to support the region’s economy and promote stronger inflation.
U.S. Weekly Jobless Claims Rises To 293K, A Seven-Month High
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 10,000 to a seasonally adjusted 293,000 during the week to Saturday, the Labor Department said Thursday.
Philadelphia Fed Manufacturing Index Rises To Minus 3.5 In January
The headline index for a survey of manufacturers in the Philadelphia area improved in January but remained in contraction territory, according to a report released Thursday.
Read moreGold Weaker On Corrective Pullback From Recent Gains
Gold prices in early U.S. trading Thursday are seeing a downside technical correction and some mild profit-taking pressure following recent gains. However, there is still some risk aversion in the world marketplace that will limit selling pressure on t…
Read more$1,050 Could Be In the Cards For Gold – Triland Metals
Despite the positive start to the year, the gold market still looks grim according to analysts at Triland Metals. In a report Thursday, they say that gold’s inability to break above $1,100 an ounce could mean that the $1,050 level might be se…
Read moreGold Sees Corrective Pullback, But Marketplace Still Anxious
Gold prices are seeing moderate selling on a corrective Pullback from recent gains. However, there is still some Risk aversion in the marketplace
Read moreECB Leaves Interest Rates Unchanged
(Kitco News) – The European Central Bank (ECB) has left interest rates unchanged.
Read moreThe 6PM Recap With Gary Wagner: Oil Scorching Everything On Earth
The thudding crud you hear falling to earth is crude oil. West Texas Intermediate has demolished the $27 per barrel barrier and looks set to hurtle down further. Brent North Sea is not far behind.
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