Centerra Gold reports 1Q profit, higher metals output
(Kitco News) – Centerra Gold Inc. (TSX: CG) reported a first-quarter profit Friday as both gold and copper production rose from the same period a year ago.
Read moreBitcoin daily chart alert – Bulls remain in the driver’s seat – May 1
(Kitco News) – Bitcoin-U.S. dollar prices are higher early Friday, after Thursday hitting a two-month high. A price uptrend is firmly in place on the daily chart.
Read moreBannockburn: more follow-through gold selling could mean prices test support
(Kitco News) – Equities are on the defensive early Friday and gold has eased as well, with potential for the metal to test chart support if follow-through selling were to occur, said Bannockburn Global Forex.
Read moreBannockburn: more follow-through gold selling could mean prices test support
(Kitco News) – Equities are on the defensive early Friday and gold has eased as well, with potential for the metal to test chart support if follow-through selling were to occur, said Bannockburn Global Forex.
Read moreEldorado production is steady, operates at 75% normal levels
(Kitco News) – Eldorado is maintaining its 2020 annual guidance of 520,000 – 550,000 ounces of gold at an all-in sustaining cost of $850 – 950 per ounce sold.
Read moreAgnico Eagle Mines records Q1 loss
(Kitco News) – The previous gold production guidance for 2021 and 2022 remains unchanged with a mid-point of 2.05 million and 2.10 million ounces, respectively
Read more‘Inflation bomb’ could finally blow up, says J.P. Morgan; what happens next?
(Kitco News) – Years of accumulating government debt, monetary and fiscal stimulus, have built a ticking “inflation bomb” that may finally be triggered by the current recession, this according to David Kelly, chief global strategist at J.P. Morgan.
Junior investors won’t be treated equally when global economy recovers
(Kitco News) – Junior gold explorers, while off last month’s four-year lows, remain in a holding pattern and continue to underperform major producers. However, the tide could shift as higher gold prices make acquisitions more attractive, according to o…
Read moreGold solidly down Thursday, following sell off in U.S. equities
(Kitco News) – Gold prices are posting solid losses in midday U.S. trading Thursday and were near daily lows, following the U.S. stock indexes lower as they also extended daily losses.
Read moreVenezuela now wants to sell its BOE-stored gold to the U.N. for coronavirus relief – reports
(Kitco News) – Unable to repatriate its gold back from the Bank of England (BOE), Venezuela now wants to sell part of it to the United Nations to help with coronavirus relief, according to news reports.
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