Is $40 silver price possible in 2021?
(Kitco News) – Once industrial demand picks up, more tailwinds for silver will push the metal closer to the $35 to $40 an ounce range next year, said Peter Hug, global trading director of Kitco Metals.
Read moreSilver Technical Analysis before the US open
(Kitco News) – Silver has been pushing higher in the EU session leading into the US open but there are some key resistance zones to be aware of.
Read moreGold price solidly up; uncertainty on Trump’s motives?
(Kitco News) – Gold prices hit daily highs and are trading solidly higher in morning dealings Friday.
Read moreDundee Precious Metals reports fatality at Namibia smelter
(Kitco News) – Dundee Precious Metals said that it shut down operations at its Tsumeb smelter in Namibia after reporting a fatality.
Read moreGold sees slight price gains, holding above key support
(Kitco News) – Gold futures prices are modestly up in early U.S. trading Friday. Bulls are working hard to keep prices above important chart support at the November low of $1,848.00, basis December futures, reckoning if that level is breached the chart…
Read moreBitcoin daily chart alert – Bulls keep pedal to the metal – Nov. 20
(Kitco News) – Bitcoin-U.S. dollar prices are higher early Friday and near this week’s three-year high. Bulls are in strong technical control as prices are in a solid uptrend on the daily chart.
Hochschild resume dividend payments
(Kitco News) – Shares in Hochschild Mining (HOC:LSE) are on the rise this morning after the company confirmed it has opted to resume dividend payments, with the directors approving the payment of an interim dividend of four cents a share.
Read moreSQM plans to more than double its Lithium mining capacity
(Kitco News) – SQM (Soc. Quimica & Minera de Chile) who are the biggest lithium producer after Albemarle, are set to be moving ahead with plans to more than double capacity in a bet that accelerating electric-vehicle demand will tighten an oversupplied market for the battery metal.
Sentiment is mixed leading into the EU session
(Kitco News) – Gold and silver are once again under pressure leading into the EU session. In the yellow metal, the stubborn consolidation low of $1848.84 is still holding but it seems vulnerable to a downside break. Silver also has a support level at a…
Read moreA $27 million advancement is planned at Ambler’s Arctic project
(Kitco News) – Permitting efforts focused on submission of the Federal 404 permit application in the second half of 2021.
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