The gold price hovers at $1900 leading into the EU open
(Kitco News) – Gold (-0.15%) once again is fighting with the $1900 level overnight leading into the EU open. Heading into the US election there seems to be lots of hesitation and the price looks like it’s reached equilibrium for now.
Read moreEconomist who called ‘Black Monday’ crash of 1987 now has this forecast
(Kitco News) – Economist who called ‘Black Monday’ crash of 1987 now has this forecast
BlueRock Diamonds sells 2,900 carats
(Kitco News) – BlueRock operates the Kareevlei Diamond Mine near Kimberley in South Africa.
Read moreLargo Resources announces record production
(Kitco News) – CEO Paulo Misk lauded the company’s sales.
Read moreLundin fails to reach agreement with Candelaria workers
(Kitco News) – The union can legally be on strike commencing on October 20, 2020.
Read moreMcEwen Mining Q3 production drops
(Kitco News) – Production was down compared to the same quarter last year when the company produced 35,043 gold ounces and 947,146 silver ounces, or 45,930 gold equivalent ounces.
Read moreGreen hydrogen energy could spark a new rally in platinum – WPIC
(Kitco News) – The platinum market just needs a spark to ignite a new wave of investment capital into the precious metals market and that could come from growing focus around the green hydrogen economy, according to one market analyst.
Read moreMining companies will have ‘cash coming out of their ears’ in Q3 – High Tech Strategist
(Kitco News) – The mining sector continues to be undervalued and under-owned by generalist investors and institutions, but that is expected to change very soon, according to one market analyst who said that the third-quarter earnings season will be too…
Read moreGold sees modest price advance as USDX erodes
(Kitco News) – Gold and silver futures prices are firmer in midday U.S. trading Monday. Moderate support has come from a weaker U.S. dollar index to start the trading week.
Read moreOn gold’s radar this week: U.S. stimulus talks, Brexit, rise in COVID-19 cases – Commerzbank
(Kitco News) – Gold is carefully watching the U.S. stimulus talks, Brexit headlines, and rising coronavirus cases, according to Commerzbank.
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