Bluerock Diamonds stops tender due to ‘absence of international bidders’, closes Kareevlei
(Kitco News) – Bluerock Diamonds (LON:BRD) announced Tuesday that it removed its products from its March 2020 diamond tender due to an absence of international bidders.
Read moreGold soars on wild day amid London spot price confusion
(Kitco News) – Gold and silver prices are trading sharply up in midday U.S. trading Tuesday, but still off the daily highs scored just ahead of the U.S. futures opening.
Read moreQuebec miners start to digest provincial government’s COVID-19 directives
(Kitco News) – Hecla Mining Company (NYSE:HL) announced Tuesday it is suspending operations at Casa Berardi until April 13, 2020 to comply with the Government of Quebec’s COVID-19 orders.
Alamos Gold to suspend operations at Island Gold
(Kitco News) – Alamos Gold (TSX:AGI) said Tuesday that it is suspending operations at Island Gold to prevent the spread of COVID-19.
Read moreSouth African mine closures push palladium prices up 15%, platinum jumps 11%
(Kitco News) – Prices for platinum group metals are bouncing higher Tuesday as the physical market is expected to become a lot tighter as South Africa prepares to shut down its mines in its effort to slow the spread of the coronavirus.
Read moreNew record-high gold prices are coming in the medium term — CPM Group
(Kitco News) – Gold’s 2019 rally will continue with prices likely to see new record highs in the medium term, said CPM Group, citing COVID-19 crisis, geopolitical tensions, and the U.S. election.
Read more‘Time to buy currency of last resort’; gold price to hit $1,800 in 12 months – Goldman
(Kitco News) – Goldman Sachs has reiterated its bullish stance on gold prices, issuing a research report titled “time to buy the currency of last resort.”
Read moreHuge spreads occurring in gold; backwardation reflects strong demand
(Kitco News) – Huge spreads are occurring in the gold market Tuesday with pricing for futures contracts far above spot prices. Further, nearby futures are more expensive than deferred, a sign of strong demand in any commodity market.
Read moreGold price holding massive gains, ignores mixed U.S. flash PMI data
(Kitco News) -The gold market is ignoring the latest economic data as price gold on to 6% gains on the day even after preliminary data showed mixed sentiment with the U.S. manufacturing and service sectors.
Read moreBitcoin daily chart alert – Bulls work on price uptrend – Mar. 24
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Tuesday. Bulls have momentum early this week and have started a price uptrend on the daily chart. T
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