Frank Holmes: if you’re not long, you’re wrong – bear case for gold is ‘weak’
(Kitco News) – Frank Holmes: if you’re not long, you’re wrong – bear case for gold is ‘weak’
Here is why gold price uptrend is intact – Standard Chartered
(Kitco News) – The selloff last week did not impact the longer-term uptrend in gold, according to Standard Chartered, which sees weaker U.S. dollar and lower interest rates as the two driving forces behind the gold price rally
Read moreGold industry’s biggest autoclave completes 25,000km trip
(Kitco News) – Polymetal (LON:POLY) said Monday its autoclave vessel has been installed at the POX-2 construction site.
Read moreAnother miner eases out of diesel, opts for hydrogen and fuel cell
(Kitco News) – Using a A$1 million grant from Western Australia state, Fortescue Metals Group (ASX:FMG) said Monday its future bus transportation fleet will be powered using fuel-cell technology.
Read moreWorker dies in drilling incident at Ivanhoe’s Kamoa-Kakula
(Kitco News) – On Sunday a contractor’s employee collided with the side wall of an access drive while attempting to move a drilling rig at Ivanhoe Mines’ Kamoa-Kakula project.
Read morePoseidon to acquire right to treat gold tailings
(Kitco News) – Poseidon Nickel (ASX:POS) said Monday it acquired an exclusive option giving it the right to reprocess gold tailings located in Lancefield.
Read moreGold price fighting back, rallies 2% and touches $2,000 an ounce
(Kitco News) – After falling to the mat last week, the gold market has bounced back and is fighting tooth and nail to reclaim the $2,000 ounce level.
Read moreFed’s unlimited QE is pushing the world ‘to the verge of a global financial crisis’ — China’s banking watchdog
(Kitco News) – The Federal Reserve’s response to the COVID-19 pandemic could be pushing the world to a brink of another global financial crisis, said China’s top banking regulator.
Read moreForget last week’s selloff, the gold price has everything going for it – RBC’s Gero
(Kitco News) – Despite gold’s dramatic selloff last week, the precious metal market is still in a strong uptrend, according to one market analyst.
Read moreSilver price is ‘now only marginally undervalued as compared with gold’: Commerzbank
(Kitco News) – Gold and silver kicked off the week on a very positive note, up 2% and 5% on the day, respectively. The gold-silver ratio is now below 73, which is a sign that silver is catching up to gold, according to Commerzbank.
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