Record 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.
Read moreCenterra Gold achieves commercial production at Öksüt Mine
(Kitco News) – Centerra Gold Inc. (TSX: CG) has achieved commercial production at the Öksüt Gold Mine in Turkey, the company announced Tuesday.
Gold prices pause Tuesday, while equities rally despite storm clouds
(Kitco News) – Gold prices are near steady in early U.S. trading Tuesday. The safe-haven metal is being supported by safe-haven demand as the U.S. dollar sinks amid major civil unrest in America.
Read moreBitcoin daily chart alert – Prices power to 3.5-mo. high – Jun. 2
(Kitco News) – Bitcoin-U.S. dollar prices early this week have posted solid gains and hit a 3.5-month high.
Read moreCommerzbank: distrust of ‘money printing’ fuels ETF gold inflows
(Kitco News) – Continued inflows into gold exchange-traded funds show that investors are not completely comfortable with an “unprecedented money-printing orgy” by central banks, said Commerzbank.
BBH: U.S. dollar under pressure; balance sheet for Fed grows faster than other central banks
(Kitco News) – The U.S. dollar remains under pressure, perhaps because the Federal Reserve’s balance sheet is growing far faster than central banks of other major economies, said Brown Brothers Harriman.
Getting maximum cash for your old jewellery
Now might be the ideal time to dig through your jewellery box and exchange some of your broken or old jewellery for cash. But Before you rush off and take your items to the nearest pawnshop, it is…
Read moreHow to make counter-cyclical bets
(Kitco News) – Palladium and rhodium were some of the top-performing metals of the past decade due to tighter automotive emission standards.
Read morePan American Silver restarting mining operations
(Kitco News) – “We are proceeding with a careful approach to restarting operations, as we work towards restoring full production levels at our operations while protecting the health and safety of our people,” said Michael Steinmann, president and chief…
Read more‘We expect a considerable drop in gold prices’, says ABN Amro
(Kitco News) – Gold positioning remains very crowded, according to ABM Amro, which is why the Dutch bank is not recommending re-entering long gold positions at the moment.
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