Gold Fields expects up to 325% earnings growth in 2020
(Kitco News) – Gold Fields (JSE, NYSE: GFI), one of the world’s largest gold mining companies, announced Wednesday that headline earnings per share for the full-year 2020 are expected to range from US$0.81-0.85 per share, 305-325% (US$0.61-0.65 per sha…
Read moreGold, silver see price rallies ahead of Powell Speech
(Kitco News) – Gold and silver futures prices are higher and have hit fresh daily highs in early U.S. trading Wednesday. The two precious metals markets have stabilized so far this week, but traders are still looking for the next catalyst to break pric…
Read moreGold prices jump following mixed U.S. CPI inflation data
(Kitco News) – The gold market is holding on to strong gains with prices pushing above initial resistance at $1,850 an ounce following mixed consumer inflation pressures in January.
Gold futures technical analysis
(Kitco News) – The 4-hour gold chart below shows gold has moved back to flat during the EU session leading into the US open.
Read moreModest price gains in gold at mid-week; Powell on deck
(Kitco News) – Gold futures prices are firmer again in early U.S. trading Wednesday. Silver prices are slightly lower. The two precious metals markets have stabilized so far this week, but traders are still looking for the next catalyst to break prices…
Read moreBitcoin daily chart alert – Normal corrective pullback at mid-week – Feb. 10
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Wednesday, on a routine downside correction after prices hit an all-time high on Tuesday.
Read moreNewmont Corporation reports slightly lower mineral reserves
(Kitco News) – The Newmont Corporation (NYSE: NEM & TSX: NGT) reported gold Mineral Reserves (reserves) of 94.2 million attributable ounces for 2020 vs adjusted 95.7 million ounces at the end of 2019.
Bank of America think the US dollar will bounce back, bad for gold?
(Kitco News) – Athanasios Vamvakidis and the Bank of America team boosted their forecast for the US currency on Tuesday, expecting it to strengthen to 1.15 dollars per euro by the year-end. The forecast compares to Wall Street’s consensus of a 1.25 exc…
Read moreGold and silver are once again higher at the EU open
(Kitco News) – There has been another move higher overnight in gold and silver as risk sentiment remains positive and the US dollar is lightly weaker.
Read moreArtemis Gold submits work permit for Blackwater gold project
(Kitco News) – The permitting process in respect of the program is expected to take several months with approvals anticipated in late Q2 2021.
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