Barrick Gold reports 14% rise in dividend amid soaring gold prices, on track to achieve 2020 production guidance
(Kitco News) – Barrick Gold Corp. (NYSE:GOLD, TSX:ABX) said on Monday that it increased its Q2 dividend to shareholders by 14% to 8 cents per share, citing robust performance and strong balance sheets amid record-high gold prices.
Read moreGold price up as bulls remain very strong
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday. Both metals hit new for-the-move highs last Friday.
Read moreBitcoin daily chart alert – Bulls out of the gate strong early this week – Aug. 10
(Kitco News) – Bitcoin-U.S. dollar prices are higher Monday. Bulls have the firm overall near-term technical advantage as a price uptrend remains in place on the daily chart and prices are not far below the recent multi-month high.
Read moreBelarus police crack down on mass protests against strongman president after election
(Kitco News) – Foreign observers have not judged an election to be free and fair in Belarus since 1995.
Read moreGold is starting to take the place of big tech – Mohamed A. El-Erian
(Kitco News) – “What I’ve seen smart people do is combine treasuries, high-quality investment grade and solid real assets,” said El-Erian.
Read moreWhy gold and silver miners diverged in Q2
(Kitco News) – Precious metals continue to power higher. During the week gold hit a record high of $2,078 an ounce, using October Comex futures. High metal prices are attracting more sector investment.
Read moreWhy a precious metal investor turned bullish on platinum
(Kitco News) – Horwitz said he was short platinum until about three weeks ago. He is forecasting the metal to hit $1,100 or $1,200. As of noon ET Friday, the precious metals were selling off: October platinum was trading at $969.10, down 4.42% on the day.
Read moreYour gold could be confiscated, warns E.B. Tucker, here’s how
(Kitco News) – Your gold could be confiscated, warns E.B. Tucker, here’s how
Trevali increases debt facility
(Kitco News) – Guidance for H2 2020 is forecast between 148 – 163 million pounds of payable zinc with an all-in-sustaining cost of $0.89 – $0.97/lb.
Read moreEira Thomas says gold investors should look at diamonds
(Kitco News) – “Like a lot of luxury products, there were real limitations on moving diamonds around the world. People going to tenders to purchase diamonds are the traditional way that the diamond supply chain has worked,” said Thomas.
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