Gold price is looking at making new highs: Commerzbank
(Kitco News) – Gold is holding around the $1,950 an ounce level with prices wanting to test their new record highs and head higher, according to Commerzbank.
Read moreAuryn Resources to acquire Eastmain Resources, spin out Peruvian projects
(Kitco News) – Auryn Resources is making significant moves to shake up its organization and unlock untapped potential as it builds a Canadian resource and spins out its two Peruvian projects.
Read moreCoeur Mining cuts 2Q losses with solid U.S. production
(Kitco News) – Despite operation setbacks due to the COVID-19 pandemic Coeur Mining reported better than expected earnings for the second quarter.
Read moreU.S. weekly jobless claims rise to 1.43 million
(Kitco News) – The U.S. labor market continues to struggle as more than 1 million people file for first-time unemployment claims.
Gold price largely ignores worst U.S. GDP contraction on record
(Kitco News) – Gold prices kept modest losses on the day and largely ignored the worst GDP contraction in U.S. history in the post-World War II era.
Read moreGold sees normal price pullback in a strong uptrend
(Kitco News) – Gold prices are moderately down in early U.S. trading Thursday, with silver prices sharply lower. These are normal corrective price pullbacks in still-strong uptrends on the charts.
Read moreBitcoin daily chart alert – Pause Thursday is not bearish – Jul. 30
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday but not far below this week’s 12-month high. The bulls still have solid power amid a price uptrend.
Higher gold price helps Newmont generate significant free cash flow in Q2
(Kitco News) – Newmont Corporation (NYSE: NEM, TSX: NGT) , the world’s biggest gold miner, said that higher gold prices helped generate significant free cash flow in the second quarter.
Physical gold demand drops 11% in Q2 even with record ETF buying
(Kitco News) – Record investment demand remains the dominant theme for gold and highlights a growing duality in the marketplace, according to the latest research from the World Gold Council (WGC).
Alamos Gold reports Q2 results: guidance revised
(Kitco News) – Alamos Gold reports Q2 results: guidance revised
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