Gold price remains near session lows, sees little reaction to January Fed minutes
(Kitco News) – The gold market remains near session lows even as the Federal Reserve signaled that it will continued to maintain its ultra-loose accommodative policies as uncertainty continues to dominate economic growth, according to the minutes of last month’s monetary policy meeting.
Osisko Mining increases high-grade gold resources at Windfall
(Kitco News) – Osisko Mining (OSK:TSX) today provided an updated mineral resource estimate for its 100% owned Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
SSR Mining reports strong results, declares inaugural dividend
(Kitco News) – SSR Mining (NASDAQ/TSX: SSRM, ASX:SSR) announced today a fourth quarter 2020 attributable net income of $89.0 million, or $0.41 per share, and adjusted attributable net income of $108.8 million, or $0.50 per share.
Read moreGold sinks to 8-mo. low on technical selling, rally in USDX
(Kitco News) – Gold futures prices are sharply down and hit an eight-month low in midday U.S. trading Wednesday.
Read moreGold price now at 2021 low, will it fall further? Rising yields is main threat – Lyn Alden
(Kitco News) – Gold is not purely an inflation hedge, but more of a hedge against real interest rates, and rising bond yields that have outpaced the growth of inflation expectations has been weighing down on the precious metal, said Lyn Alden, founder …
Read morePretium lifts COVID-19 travel restrictions at Brucejack
(Kitco News) – Pretium Resources (TSX/NYSE: PVG) announced today that it has lifted travel restrictions at the Brucejack mine that were implemented after a COVID-19 outbreak was declared.
Read moreSpat over proposed Kvanefjeld mine triggers a national election in Greenland
(Kitco News) – Following a wave of massive protests and scandals surrounding public consultation on the proposed Greenland Minerals’ Kvanefjeld rare earths and uranium mine project, the Government of Greenland called a national election yesterday after…
Read moreTD stopped out of gold as prices drop below $1,790 an ounce
(Kitco News) – The sentiment is quickly starting to shift in the gold market as better-than-expected economic and rising bond yields push prices to their lowest point since November.
Read moreIs yield-curve control around the corner as gold price faces ‘a tsunami of bad news’?
(Kitco News) – Gold investors should expect to feel a bit more pain as bond yields have room to move higher before the Federal Reserve is forced to step with a yield-curve control program, according to some analysts.
Read moreThe case for rising inflation and it’s implications on commodity markets
(Kitco News) – I am going to lay out the case for problematic price inflation impacting global economies in the coming months/years, and as soon as late-2021.
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