Rio Tinto plans to produce critical mineral tellurium at its copper mine in Utah
(Kitco News) – Rio Tinto announced today that the company will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah.
Read moreHedge funds continue to unload their bullish gold bets as Fed remains indifferent to rising bond yields
(Kitco News) – Speculative interest in the gold market continues to sour as hedge funds reduce their bullish bets to their lowest level since May 2019, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreGold price at 10-mo. low, trending lower, on rising bond yields
(Kitco News) – Gold and silver prices are lower again in early U.S. trading Monday, with gold hitting a 10-month low.
Read moreBitcoin daily chart alert – Bulls keeping price uptrend alive – Mar. 8
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday. Not much new recently.
Read moreBoE’s Gov Bailey give us some hints on the future path of monetary policy
(Kitco News) – Bank of England governor Bailey has been talking today and could have given us some insight into the Bank of England’s thinking in the coming months. In a speech titled “Getting over Covid” the central banker said the “outlook is positiv…
Read moreGerman industrial production dives in January
(Kitco News) – German Industrial Production seasonally adjusted for Janruary came in at -2.5% vs consensus estimates of -0.4% (prev 0.0%) & Industrial Production WDA Jan -3.9% vs estimates of -3.7% (prev -1.0%).
Gold flirts with the $1700 level ahead of the EU open
(Kitco News) – Gold and silver are trading marginally higher leading into the European cash open on the first trading day of the week. The yellow metal has moved above the psychological $1700/oz level, while silver trades at $25.38/oz.
Read moreThe ‘magic number’ you need to develop a nickel project
(Kitco News) – On top of that, batteries are also picky about their nickel. Only Class 1 or 99.9% pure nickel is usable.
Read moreThe Metals, Money, and Markets Weekly by Mickey Fulp – March 5, 2021
(Kitco News) – The Metals, Money, and Markets Weekly by Mickey Fulp – March 5, 2021
Read moreWhat happens to gold next, and where are yields headed? Peter Hug
(Kitco News) – The 10-year yield has climbed to 1.56% Friday morning, but can rise to as high as 1.7% before the Federal Reserve steps in to intervene, said Peter Hug, global trading director of Kitco Metals.
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