Gold prices down amid big miss on U.S. ADP jobless data
(Kitco News) – Gold prices are modestly lower in early U.S. trading Wednesday. The safe-haven metal is pausing at mid-week, amid rallies in world equity markets.
Read moreBitcoin daily chart alert – Prices in solid uptrend to suggest more gains – Jun. 3
(Kitco News) – Bitcoin-U.S. dollar prices backed off at mid-week after posting solid gains and hitting a 3.5-month high earlier this week.
Read moreVanadium gets its day in the sun as the new national security metal
(Kitco News) – “Vanadium is utilized in our national defense and critical infrastructure, and is integral to certain aerospace applications,” said Secretary Ross. “We will conduct a thorough, fair, and transparent investigation to determine whether vanadium imports threaten to impair U.S. national security.”
Rio Tinto issues apology for scared site blast
(Kitco News) – Going forward Salisbury said the company is committed to updating its practices for benefit of affected communities.
Read moreWhat is China’s new digital currency all about?
(Kitco News) – The Chinese government has been testing out its new government-backed digital currency as a pilot program, and it’s been getting a lot of buzz.
Read moreWorld’s largest jeweler to use 100% recycled gold and silver by 2025
(Kitco News) – Environmental Social Governance policies are playing a growing role in the precious metals market as the world’s largest jewelry maker announced that it is only using recycled gold and silver.
Gold and bitcoin are the ‘top candidates to advance in 2020’ – Bloomberg Intelligence
(Kitco News) – Gold and bitcoin — one of the few assets that have posted solid gains in 2020 — remain the “top candidates to advance” this year, according to Bloomberg Intelligence’s latest commodity outlook”
Gold, silver back off on normal profit taking in futures mkts
(Kitco News) – Gold and silver prices are solidly lower in midday U.S. trading Tuesday. Some normal profit-taking-pressure was featured by the shorter-term futures traders today, in overall existing strong price uptrends.
Read moreSolar power to remain ‘important and consistent’ source of demand for silver
(Kitco News) – Solar power will remain an essential form of industrial demand for silver in the decade ahead, analysts said this week.
Read moreRecord gold price against Aussie dollar impacts Q1 gold production – Surbiton Associates
(Kitco News) – Australia saw a sharp drop in gold production in the first quarter due to record high prices against the Aussie dollar, according to the latest data from Melbourne gold mining consultants, Surbiton Associates.
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