Verdence: will summer be volatile for equities?
(Kitco News) – There are several factors that could fuel volatility in equities this summer, said Verdence Capital Advisors. The S&P 500 has rallied in anticipation of the economy reopening from COVID-19 lockdowns.
Gold prices lower as investor risk appetite rising this week
(Kitco News) – Gold prices are trading lower again and back below $1,700.00 in early U.S. trading Wednesday, amid keener trader/investor risk appetite in the marketplace at mid-week.
Read moreBitcoin daily chart alert – Bulls stabilize market at mid-week – May 27
(Kitco News) – Bitcoin-U.S. dollar prices are higher early Wednesday. The bulls have stabilized the market following some recent selling pressure.
Read moreFortuna Silver re-starts Mexican mine
(Kitco News) – “On March 31, 2020, the Government of Mexico announced extraordinary measures in response to the spread of COVID-19, which included the suspension of all non-essential activities, including mining, until April 30, 2020. This period of i…
Read moreTitan plans Peruvian divestment after Core Gold acquisition
(Kitco News) – Titan said it retained Bacchus Capital Advisers to help it divest some of its Peruvian and non-core assets.
Read moreSierra Metals pushes for mining restarts
(Kitco News) – In Mexico mining was deemed an essential service. The company is currently recalling employees from the Bolivar Mine to begin a COVID-19 screening process, including a quarantine period, allowing the company to be ready to commence minin…
Read moreFocus Graphite unloads rare earth project
(Kitco News) – Gary Economo, Chief Executive Officer of Focus Graphite commented, “We are very pleased today to announce the completion of the asset purchase agreement with Investissement Québec to sell Focus Graphite’s 50% interest in the Kwyjibo Project.
Gold pulls back as trader/investor confidence increasing
(Kitco News) – Gold prices are trading solidly lower in midday U.S. trading Tuesday. Some profit taking from the shorter-term futures traders is featured again today.
Read moreCPM Group’s Savant: silver prices can benefit from both sides of COVID-19 debate
(Kitco News) – Silver could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic at the same time the metal also draws investment demand from those worried about a second wave of the virus, said Ro…
Read moreGold remains softer U.S. sales of new U.S. homes rise 0.6% in April
(Kitco News) – Gold prices remained on the defensive Tuesday after government data showed that sales of new U.S. single-family homes rose by 0.6% in April to a seasonally adjusted and annualized pace of 623,000. Spot gold was last down $11.20 to $1,7…
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