Kinross boosts gold reserves by 23%
(Kitco News) – Kinross Gold (TSX:K; NYSE:KGC) announced yesterday that it has added 5.7 million Au oz. to proven and probable mineral reserves in 2020, a 23% year-over-year increase, to 30.0 million Au oz. mainly due to net additions of 6.4 million Au …
Read moreInvestor attention turns to diamonds ahead of digital exchange launch
(Kitco News) – Investors are piling into alternative assets to preserve their wealth and purchasing power as inflation concerns continue to dominate the marketplace, according to some analysts and economists.
Read moreRussian gold mining giant Polyus switches to renewables
(Kitco News) – Polyus (LSE, MOEX: PLZL), Russia’s largest and one of the largest gold mining companies globally, today announced that it has signed an agreement for the supply of environmentally friendly electricity generated by the Sayano-Shushenskaya hydropower plant with RusHydro, a major Russian hydroelectricity supplier.
‘The tide is turning’ on inflation, kicking off the 5th commodity supercycle, says JPMorgan
(Kitco News) – Signs of inflation are already here, and so is the new commodity supercycle, JPMorgan said in a note.
Read moreGold market steady following weaker-than-expected weekly U.S. jobless claims
(Kitco News) – The gold market is holding on to modest gains even as the price sees little reaction to rising volatility in the U.S. labor market as more American workers than expected applied for first-time unemployment benefits last week.
Read moreGold technical analysis shows a 1-hour head and shoulders pattern forming
(Kitco News) – It has been a pretty slow day in the gold market. This has been highlighted by the blue circles at the bottom of the chart. It clearly shows volume in the London session has been much lower than it has been in recent sessions.
Read moreBitcoin daily chart alert – Bulls continue to hang tough late-week – Feb. 11
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Thursday. Prices hit an all-time high on Tuesday.
Read moreGold price near steady, awaiting next catalyst
(Kitco News) – Gold futures prices are trading near unchanged in subdued early U.S. action Thursday. Silver prices are slightly higher.
Read moreIndia’s gold imports rocket higher
(Kitco News) – A government source confirmed that gold imports in India for the month of January surged 72% from a year earlier. It as said this is due to a correction in prices from the record high and this drew retail buyers and jewellers.
Read moreGold and silver are mixed leading into the EU open
(Kitco News) – Gold is largely flat leading into the European open but silver has climbed 0.62%. both of the precious metals are showing signs of rejections at the highs of yesterday but we need to see if the bulls can keep hold of the market.
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