Gold, silver prices back off on some normal profit taking in uptrends
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Thursday, on some normal profit taking from the shorter-term futures traders after gold prices scored a nine-year high of $1,829.80 on Wednesday and silver futures hit a 10-month hi…
Read moreSilver is exploding, is $20 an ounce next? Analysts weigh in
(Kitco News) – Silver prices exploded this week, trading above $19 an ounce level after jumping more than $1 in just five days. Analysts are now targeting $20 an ounce silver, but how soon?
Read moreOsisko Gold Royalties see C$27.8 million in Q2 cash margins
(Kitco News) – Despite disruptions due to the COVID-19 pandemic, Osisko Gold Royalties (NYSE: OR, TSX: OR) reported record cash margins from royalties and streams in the second quarter.
Read moreGold prices to hit $2,000 in 2021 – ABN AMRO
(Kitco News) – The gold market is still at risk of a short-term correction due to shifting investor sentiment, but the move past $1,800 creates a bright future for the precious metal, according to one Dutch Bank.
Read moreVolatility indicates gold is heading to $1,850 – RBC Wealth Management
(Kitco News) – Volatility and the price trend in the precious metals space is signaling a move to $1,850 an ounce gold and $20 an ounce silver, according to RBC Wealth Management managing director George Gero.
Read moreReal rates to drive gold prices higher – TD Securities
(Kitco News) – Real rates will ultimately drive gold prices higher, says TD Securities.
Read moreGold prices back off 9-yr. highs, bulls still strong
(Kitco News) – Gold prices are modestly down in early U.S. trading Thursday, on some mild profit taking after prices scored a nine-year high of $1,829.80 on Wednesday.
Read moreGold attempts to erase morning losses as U.S. weekly jobless claims beat expectations
(Kitco News) – The initial weekly jobless claims decreased to 1.314 million in the week to Saturday, beating market expectations.
Read moreBitcoin daily chart alert – Bulls hanging tough – Jul. 9
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker Thursday morning. However, bulls have the overall near-term technical advantage amid choppy trading to still suggest the path of least resistance will be sideways to higher in the near term.
Read moreFighting COVID-19 with a mask made out of gold
(Kitco News) – A businessman from India requested a special kind of face mask to help him fight the spread of the coronavirus — one worth $4,000 and made out of gold.
