Gold price still under pressure as U.S. weekly jobless claims rise less than expected
(Kitco News) – The gold market remains under pressure, hovering above $1,700 an ounce but is seeing little reaction to better than expected U.S. employment data.
Bitcoin daily chart alert – Bulls remain in driver’s seat – Mar. 4
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Thursday, on a corrective pullback and some chart consolidation. Bulls still have the solid overall near-term technical advantage, and are keeping alive a price uptrend on the da…
Read moreTechnical analysis for gold futures – Can the bears be stopped?
(Kitco News) – Rajan Dhall MSTA covers the latest technical trends in the gold market. Gold has been in an intense downtrend but there are some support levels coming up.
Read moreMixed results in the construction PMI’s in Europe
(Kitco News) – It has been a mixed bag in Europe in regards to the construction PMI’s. In the UK the number for February hit 53.3 vs analyst consensus forecasts of 51.0 and German Markit construction PMI for the same month printed at a dismal 41.0 belo…
Read moreGold and silver edge higher leading into the EU open
(Kitco News) – Gold and silver have started the session higher but in recent days when this has been the case, the sentiment has turned later in the sessions. The yellow metal is trading around half a percent higher leading into the EU open but the dai…
Read moreAfrican Rainbow Minerals posts record earnings, doubles dividend
(Kitco News) – African Rainbow Minerals is a leading South African diversified mining and minerals company
Read moreGold price is set up to trade lower before bottoming – Chris Vermeulen
(Kitco News) – Both stocks and gold are showing technical chart patterns that suggest an imminent correction, said Chris Vermeulen, chief market strategist at TheTechnicalTraders.com.
Read moreKitco’s ‘CEO of the Year 2020’: Who is in the running?
(Kitco News) – The winners will be announced live on Thursday, March 4, during a special live broadcast beginning at 3:30 p.m. ET, which can be seen on kitco.com and on our official YouTube channel youtube.com/kitconews.
Read moreRoxgold exceeds production guidance, boosts net income four-fold
(Kitco News) – The company’s net income was $24.9 million in 2020 compared to net income of $5.7 million in 2019.
Is Wall Street signaling a bubble as gold price fights off a move below $1,700?
(Kitco News) – Are there signs of a bubble emerging on Wall Street as gold continues to fight intense downward pressure amid lack of investor interest?
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