Silver prices have made their highs for the year – ABN AMRO
(Kitco News) – Silver has made considerable gains against gold but the metal might be running out of steam in the near term even as valuations remains well below historical norms, according to one Dutch Bank.
Read moreGold-mining shares still ‘cheap’ based on historical metrics – VanEck’s Foster
(Kitco News) – Gold-mining stocks remain undervalued based on the statistical norm of share prices to cash flow, and this is occurring at a time when producers are on their best financial footing in recent history, said Joe Foster, portfolio manager of…
Read moreTDS: gold ‘coiling ahead of a breakout to higher prices’
(Kitco News) – Gold remains range-bound but may be “coiling ahead of a breakout” to the upside, said TD Securities.
Another 1.51 million Americans file initial jobless claims; gold pares loss
(Kitco News) – Americans filed a seasonally adjusted 1.51 million first-time jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold pared its early losses, last trading down $2.20 to $1,724.40 an ounce.
Read moreGold prices down but not out following 27.5 reading in Philly Fed Survey
(Kitco News) -Gold prices are remain under pressure, but continue to see little reaction to better-than-expected sentiment in the manufacturing sector.
Read moreGold, silver prices weaker even though risk appetite wanes
(Kitco News) – Gold and silver prices are modestly lower in early U.S. trading Thursday, even as global equity markets have paused following recent rallies.
Read moreBitcoin daily chart alert – Chart consolidation this week – Jun. 18
(Kitco News) – Bitcoin-U.S. dollar prices are again near steady early Thursday. A price uptrend on the daily chart has stalled out, amid some normal price consolidation, but the bulls still have the overall near-term technical advantage.
Read moreNevada Copper targets restart in Q3 2020
(Kitco News) – The miner said the plant is being mobilized. A long-term mining contract was signed with Redpath.
Read moreLatin Resources signs JV with Argentinian investment group
(Kitco News) – Integra will have an option to take a 10% stake in Latin Resources.
Read moreGolden Predator expects re-start study to wrap up in Q3
(Kitco News) – Kappes, Cassiday & Associates of Reno, Nevada, are conducting the study of the engineering design and construction budget for re-processing of the former heap leach material as a
proposed restart plan.