Unpredicted bullish sentiment driving gold prices
(Kitco News) – The gold market is preparing to end its fifth straight week of gains with prices holding over $1,800 an ounce, near their highest level since 2011 and both Wall Street analysts and Main Street investors don’t expect the trend to end anytime soon.
Don’t expect to see a prolonged correction in gold prices – Commerzbank
(Kitco News) – After a brief dip below $1,800 an ounce Thursday, the gold market has once again bounced back and is now looking to end the week near its recent nine-year highs. In a report Friday, commodity analysts at Commerzbank said that they don’t …
Read moreGold price at daily highs following 0.2% decrease in U.S. PPI
(Kitco News) – Gold prices are at daily highs as the U.S. Producer Price Index (PPI) falls short of expectations in June, declining 0.2%.
Read moreGold prices up as risk appetite recedes late this week
(Kitco News) – Gold prices are moderately higher in early U.S. trading Friday, as risk aversion is keener heading into the weekend.
Read moreBitcoin daily chart alert – Bulls fade a bit late this week – Jul. 10
(Kitco News) – Bitcoin-U.S. dollar prices have weakened a bit late this week. However, no significant chart damage has occurred and bulls have the overall near-term technical advantage amid choppy trading.
Read moreAntipa signs A$30 million farm-in agreement
(Kitco News) – Antipa (ASX:AZY) announced today a A$30 million (US$20.87 million) exploration farm-in agreement signed with IGO, which covers 1,563km2 of Antipa’s 100%-owned tenements in the Paterson Province of Western Australia.
GoviEx Uranium to appeal termination of mining license
(Kitco News) – The Zambia government has terminated GoviEx’s Chirundu Mining License, the company said on Tuesday.
Read moreInca One and PPX Mining sign gold processing agreement
(Kitco News) – PPX Mining (CVE:PPX) is sending ore to Inca One (CVE:IO) for processing, the two companies announced today.
Read moreVizsla Resources announces $25 million bought deal, Eric Sprott joins financing
(Kitco News) – Mexico-focused Vizsla Resources (CVE:VZLA) announced a $25 million bought deal private placement with Canaccord Genuity.
Read moreMining Sector sees 12 deals in Q2, busiest quarter in eight years – Bank of America
(Kitco News) – A global economic-shattering pandemic couldn’t stop merger and acquisition activity in the first half of the year and it is only going to get busier in the second half, according to mining analysts at Bank of America.
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