Commerzbank: gold prices, ETF inflows remain strong
(Kitco News) – Holdings of gold by exchange-traded funds keep rising as a number of factors keep pushing prices higher, said Commerzbank analyst Carsten Fritsch. Comex June gold hit a high of $1,748.90 an ounce overnight
Read moreBitcoin daily chart alert – Bulls in technical control amid uptrend – May 15
(Kitco News) – Bitcoin-U.S. dollar prices are weaker Friday on a normal corrective pullback from recent gains.
Read moreSSR Mining quadruples net income
(Kitco News) – Adjusted attributable net income was $38.8 million or 31 cents per share. During the same period a year ago the company recorded $17.2 million of adjusted attributable net income.
Read moreGreat Panther reports fatality from motor vehicle accident
(Kitco News) – The deceased, age 29, was a contract electrician at GMC. The accident involved a single motor vehicle travelling down a decline during care and maintenance activities. Another Great Panther contractor in the same vehicle was injured in…
Read moreSandstorm Gold highlights drill hole at 84.3 grams per tonne
(Kitco News) – Sandstorm said the assay results show “…excellent, uniform grade distributions within the deposit, which has an estimated true thickness of about 65 meters.”
Read moreGold price does’t need negative interest rates to go higher – BMO
(Kitco News) – Federal Reserve Chair Jerome Powell put to rest Wednesday all speculation that the central bank will introduce negative interest rates. But Powell’s line in the sand is not expected to spook gold prices, according to analysts at BMO, who…
Read moreSilver price to outperform gold in Q2 — Orchid Research
(Kitco News) – May is looking great for silver as the metal is outperforming its complex with more gains still in store, according to Orchid Research.
Read moreSilver price to outperform gold in Q2 — Orchid Research
(Kitco News) – May is looking great for silver as the metal is outperforming its complex with more gains still in store, according to Orchid Research.
Read moreViva Gold announces PEA for Nevada project
(Kitco News) – Viva Gold (CVE:VAU) said on Monday that its preliminary economic assessment study of its Tonopah gold project is positive.
Read moreTorex Gold to resume operation at El Limon
(Kitco News) – With the Mexican government lifting mining restrictions, Torex Gold (TSX:TXG) said Thursday it plans to resume full production at its El Limón Guajes mining complex by the end of this month.
