Gold prices pause late this week, after hitting 7.5-year high
(Kitco News) – Gold prices are near steady in early U.S. trading Friday, on a pause and some chart consolidation after pushing to a 7.5-year high of $1,796.10 Wednesday.
Read moreGold prices struggling to stay positive following weak consumption data, rise in inflation
(Kitco News) – Gold prices are struggling to hold on to small gains Friday after U.S. inflation pressures rose higher-than-expected as the nation continues to struggle with the economic impact of the COVID-19 pandemic.
Read moreGabelli’s Bryan; mining stocks lag gold based on history, leaving potential upside
(Kitco News) – Equities of gold-mining companies still appear undervalued based on a historical comparison of where they were trading relative to the price of gold during the last bull-market cycle, said Caesar Bryan, portfolio manager of the Gabelli G…
Read moreGabelli’s Bryan; mining stocks lag gold based on history, leaving potential upside
(Kitco News) – Equities of gold-mining companies still appear undervalued based on a historical comparison of where they were trading relative to the price of gold during the last bull-market cycle, said Caesar Bryan, portfolio manager of the Gabelli G…
Read moreChilean copper miner Codelco halts Chuquicamata smelter and refinery amid coronavirus
SANTIAGO, June 25 (Reuters) – Chilean copper miner Codelco said on Thursday it would halt operations at it’s biggest smelter and refinery in Chuquicamata division in a measure to prevent further spread of the new coronavirus.
Bitcoin daily chart alert – Bulls need to step up – Jun. 26
(Kitco News) – Bitcoin-U.S. dollar prices have sold off late this week, hitting a two-week low, as the bulls have faded and need to show fresh power soon.
Read moreBannockburn: gold prices ‘finding support above the top of the old range’
(Kitco News) – Gold prices are holding above $1,750 an ounce, which was the top of its former trading range and is now acting as chart support, as markets collectively ponder whether the surge in COVID-19 cases in the U.S. and elsewhere will lead to mo…
Read moreCommerzbank: stimulus efforts mean ‘robust demand for gold as a safe haven’
(Kitco News) – Investors are likely to keep adding gold as a “store of value” as central banks remain accommodative and governments keep running up debt in their fiscal-stimulus efforts to prop up the economy and markets during the COVID-19 pandemic, C…
Read moreA COVID-19 stimulus program could kick start the battery materials market within the year
(Kitco News) – The COO of Pilbara Minerals, Dale Henderson, spoke to Kitco on Wednesday.
Read moreGold ‘to ease back’ for rest of 2020 on weak demand, quicker economic recovery — Capital Economics
(Kitco News) – One firm is maintaining its somewhat bearish outlook on gold despite the yellow metal’s persistent attempts at breaching the $1,800-an-ounce level this week.
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