Gold prices trying to hold on to $1,700 following sharp drop in U.S. Consumer Confidence
(Kitco News) – The gold market is under renewed selling pressure as weak economic data – disappointing consumer sentiment numbers — is unable to attract safe-haven flows.
Caterpillar 1Q sales, profit decline from year ago
(Kitco News) – Caterpillar Inc. (NYSE: CAT) reported an annual decline in first-quarter earnings Tuesday with sales across all of its main business segments – including resources – weaker than a year ago.
OceanaGold resumes mining in New Zealand
(Kitco News) – OceanaGold Corp. (TSX, ASX: OGC) is resuming operations at the Macraes and Waihi mines in New Zealand after the government loosened its COVID-19 alert, the company announced Tuesday.
Read moreOceanaGold resumes mining in New Zealand
(Kitco News) – OceanaGold Corp. (TSX, ASX: OGC) is resuming operations at the Macraes and Waihi mines in New Zealand after the government loosened its COVID-19 alert, the company announced Tuesday.
Read moreGold prices near steady as global stock markets gain
(Kitco News) – Gold prices are not far from unchanged on the day in early U.S. trading Tuesday. More chart consolidation and some profit taking by the shorter-term futures traders are featured early this week.
Read moreGold prices near steady as global stock markets gain
(Kitco News) – Gold prices are not far from unchanged on the day in early U.S. trading Tuesday. More chart consolidation and some profit taking by the shorter-term futures traders are featured early this week.
Read moreBitcoin daily chart alert – Uptrend is the bulls’ friend – Apr. 28
(Kitco News) – Bitcoin-U.S. dollar prices early this week have hit a six-week high. A price uptrend is firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest more gains in the near term.
Read moreBitcoin daily chart alert – Uptrend is the bulls’ friend – Apr. 28
(Kitco News) – Bitcoin-U.S. dollar prices early this week have hit a six-week high. A price uptrend is firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest more gains in the near term.
Read moreHeadline financings crowd terrible money picture for juniors
(Kitco News) – “The juniors are having a really hard time financing right now,” said Hoffmannm, noting that financings below the $10 million mark have “…just completely disappeared in March and April.”
Read moreWeak Asian gold demand ‘to test historic lows’ but not impact price rally
(Kitco News) – Gold imports into China and India continue to surprise on the downside but weak demand is not likely to impact the overall price rally, said Capital Economics.
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