Money managers hike bullish silver positioning but scale back in gold
(Kitco News) – Weekly positioning data from the Commodity Futures Trading Commission (CFTC) showed that money managers hiked their net-bullish positioning in silver futures at the same time they were cutting this in gold.
Read moreEldorado Gold to begin construction of decline at Lamaque
(Kitco News) – Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) is undertaking construction of a three-kilometer tunnel, or decline, from the Sigma mill to the 405-meter level of the Triangle mine at its Lamaque operations in Quebec, the company announced Mon…
Read moreGold, silver prices see corrective rebounds from recent pressure
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday, on upside corrections from recent selling pressure that has produced near-term chart damage in the gold market.
Read moreFXTM: stocks recover quickly but consider ‘portfolio insurance’ such as gold
(Kitco News) – The stock market has staged the fastest turnaround in history since a pandemic-induced collapse, but investors still might want to consider some type of “portfolio insurance” such gold or put options, said Hussein Sayed, chief market strategist at FXTM.
BBH: FOMC meeting, inflation, jobless claims highlight U.S. economic calendar
(Kitco News) – A Federal Open Market Committee meeting, inflation data and weekly jobless claims will be among the most widely watched economic events in the U.S. this week, said Brown Brothers Harriman.
Read moreBitcoin daily chart alert – Recent pause is not bearish – Jun. 8
(Kitco News) – Bitcoin-U.S. dollar prices are slightly higher Monday morning, as the market continues to pause after hitting a 3.5-month high early last week.
Read moreAfter 10 years, million dollar Fenn Treasure has been found
(Kitco News) – A decade-old mystery that has tormented the treasure-hunting community has been solved: the Fenn Treasure has been found.
Read moreGold price has room to move lower after market rocked by Friday’s employment data – analysts
(Kitco News) – The gold market is seeing some stability at the start of the new trading week as prices try to recover from Friday’s roughly 3% selloff.
Read moreGold gets whacked, two positive trends for miners and juniors
(Kitco News) – Our weekly roundtable.
Read more‘Big buying opportunity’: Gold price to rebound as U.S. to face ‘lingering damage’
(Kitco News) – Gold might be down but a rebound is on its way and investors should view this setback as a buying opportunity, according to analysts.
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