Q2 earnings season for gold miners is going to be messy – CIBC
(Kitco News) – The second quarter earnings season has officially kicked off for the mining sector and one Canadian bank is warning investors that things could get a little messy as the global economy deals with the impact of the COVID-19 pandemic.
Read moreFreeport-McMoRan reports adjusted net earnings of $44 million in Q2
(Kitco News) – Thursday ahead of the bell, Freeport-McMoRan (NYSE: FCX) report adjusted net income attributable to common stock totaled $44 million, or $0.03 per share. The earnings hit the top end of analyst forecasts.
Read moreGold price holds above $1,875 as U.S. weekly jobless claims rise more than expected
(Kitco News) – The initial weekly jobless claims rose by 109,000 to 1.416 million in the week to Saturday, disappointing market expectations.
Read moreGold up, bulls have power to challenge record high price
(Kitco News) – Gold prices are higher in early U.S. trading Thursday and pushed to another nearly nine-year high overnight.
Read moreGold price has further to run as USD on cusp of bear trend – Bannockburn Global Forex
(Kitco News) – Gold price has further to run as USD on cusp of bear trend – Bannockburn Global Forex
‘$1,900 is certainly in sight’: Overvalued equities are buoying gold price – StoneX
(Kitco News) – Bullish trend in precious metals is pushing gold prices closer and closer to the $1,900 an ounce level with the yellow metal ready to climb towards its all-time highs in Q3, StoneX said in its quarterly outlook.
Read moreGold price needs to rally another 34% if U.S. wants to normalize debt – CrossBorder Capital
(Kitco News) – It didn’t take long for the gold market to catch its breath after its initial break above long-term resistance at $1,800 an ounce. The precious metal is seeing a new surge in momentum and one research firm said that there is still room for prices to move higher.
Where is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreGold price, silver price shoot sharply higher, more gains likely
(Kitco News) – Gold and silver prices are again sharply higher in midday U.S. trading Wednesday.
Read morePay attention to gold-silver ratio as markets surge higher – DeCarley Trading
(Kitco News) – Pay attention to gold silver ratio as markets surge higher – DeCarley Trading