Gold prices holding near 7.5-year highs following disappointing flash U.S. PMI data
(Kitco News) – Gold prices are holding near their highest level in 7.5 years, after the latest economic data points to a slower than expected recovery in both the manufacturing and service sector.
Read more$2,000 gold in 2021 is a conservative estimate – MKS PAMP Group
(Kitco News) – Unprecedented economic conditions caused by the COVID-19 pandemic will continue to support gold and silver prices at least through the first half of 2021, according to the latest research from Swiss refiner MKS PAMP Group.
Read moreGold prices up on safe-haven bids, bullish charts
(Kitco News) – Gold prices are moderately higher in early U.S. trading Tuesday as bulls are out of the gate in good fashion this week.
Read moreCommerzbank: ETF holdings still rising; ‘brisk demand’ for gold as safe haven
(Kitco News) – Holdings of gold by the world’s exchange-traded funds keeps rising, with concerns about further increases in COVID-19 cases around the world generating uncertainty and thus creating “brisk demand” for the precious metal as a safe haven.
Read moreBitcoin daily chart alert – Bulls gain some momentum – Jun. 23
(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Tuesday after posting good gains Monday. Bulls have regained some momentum early this week.
Read moreIndonesia expects delay to 2021 for $3.7 bln smelter investments
JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.
Read moreIndonesia expects delay to 2021 for $3.7 bln smelter investments
JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.
Read moreU.S. Bank: ‘central-bank policies should continue to support metals’
(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday
Read moreU.S. Bank: ‘central-bank policies should continue to support metals’
(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday
Read moreAustralian prospector finds 50 gram nugget
(Kitco News) – Current prices would put the find at about $2,257.
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