Gold, silver gain as greenback backs off
(Kitco News) – Gold and silver futures prices are firmer in midday U.S. trading Tuesday, on correctives bounces after gold hit a nine-month low overnight and silver notched a five-week low.
Read moreTop silver miner Fresnillo posts strong financial results; production declines
(Kitco News) – Fresnillo today announced that its total silver production in 2020 decreased 3% to 53,050 koz compared to 2019 (54,614 koz) and was within the annual guidance.
Read moreWest Vault closes stream transaction with Sprott
(Kitco News) – West Vault Mining (WVM:TSXV, OTCQX:WVMDF) yesterday announced the closing of a gold and silver purchase and sale agreement with Sprott for 1.41% of all refined gold and silver to be produced for the life of mine from the 100% owned and p…
Read moreFirst bond yields, now U.S. dollar weighing down gold around $1,700 – analysts
(Kitco News) – It’s not just rising bond yields that the gold market now has to contend with. Analysts are warning that new momentum in the U.S. dollar is another challenge for the precious metal.
Read moreTepid price rebound in gold after scoring 9-mo. low overnight
(Kitco News) – Gold futures prices are modestly up in early U.S. trading Tuesday, on a meek corrective bounce after hitting a nine-month low overnight.
Read moreBitcoin daily chart alert – Bulls working to keep price uptrend alive – Mar. 2
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker in early U.S. trading Tuesday, following good gains posted on Monday. Bulls have the overall near-term technical advantage and are keeping alive a price uptrend on the daily bar chart.
Read moreThe Shanta Gold share price jumps at the UK open
(Kitco News) – The 2021 guidance is approximately 80,000 oz at AISC4 of US$900 – US$950 /oz on a like-for-like basis and US$1,050 – 1,100 /oz including development costs, in line with the World Gold Council definition.
Read moreTesla boss Elon Musk is concerned by the lack of nickel supply
(Kitco News) – Tesla boss Elon Musk has been on the wires citing his concern at the lack of nickel in the market. BHP Nickel West asset president Edward Haegel mentioned the possibility of Tesla using BHP’s nickel supply and around 70 per cent of is already used to develop batteries around the world.
Gold and silver struggle leading into the EU open
(Kitco News) – Gold and silver have moved lower overnight into pretty bearish territory. After a good start to the session yesterday, both precious metals closed lower and leading into the EU open gold trades at $1719/oz.
Read moreBitcoin’s cycle gains averaged 900%; here’s next price target – Greg King
(Kitco News) – Bitcoin’s cycle gains averaged 900%; here’s next price target – Greg King