Gold price sees more losses below $1,500 as S&P 500 sell-off triggers ‘circuit breaker’, halts trading
(Kitco News) – The gold market continued to see losses Wednesday afternoon as the S&P 500 dropped 7% and halted trading for 15 minutes after triggering the ‘circuit breaker’.
Massive silver price drop triggers a ‘rush to buy’ in India – INTL FCStone
(Kitco News) – A recent plunge in silver to 11-year lows has awoken strong Indian demand for the precious metal as low prices present a not-to-miss buying opportunity, according to INTL FCStone.
Read moreDoug Casey called a global market meltdown in 2020, here’s what he had predicted
(Kitco News) – An economic downturn, the likes of which we’ve never seen before is coming, said Doug Casey, founder of Casey Research.
Coronavirus panic to keep gold price range bound between $1,525 and $1,575 – Aberdeen Standard Investments
(Kitco News) -High market volatility will continue to make it difficult for gold to find traction in the near-term but there are still fundamental reasons to hold the precious metal in the near-term, according to one market analyst.
Read moreCredit Suisse: gold prices to recover as favorable fundamentals take over
(Kitco News) – Gold prices could continue to face pressure in the near term as some investors still need to raise cash, but then a favorable fundamental backdrop should underpin the precious metal, said Credit Suisse Wednesday.
Read moreMick Wilkes resigns as chief executive of OceanaGold
(Kitco News) – Mick Wilkes is resigning as president and chief executive officer of OceanaGold Corp. (TSX, ASX: OGC), as well as his position on the board of directors, for personal reasons, effective Wednesday, the company announced.
Read moreMick Wilkes resigns as chief executive of OceanaGold
(Kitco News) – Mick Wilkes is resigning as president and chief executive officer of OceanaGold Corp. (TSX, ASX: OGC), as well as his position on the board of directors, for personal reasons, effective Wednesday, the company announced.
Read moreFirst Majestic extends share-repurchase program
(Kitco News) – First Majestic Silver Corp. (NYSE: AG; TSX: FR) is extending its share repurchase program, the company announced Wednesday.
Read moreFirst Majestic extends share-repurchase program
(Kitco News) – First Majestic Silver Corp. (NYSE: AG; TSX: FR) is extending its share repurchase program, the company announced Wednesday.
Read moregold price down following mixed U.S. housing construction data
(Kitco News) – Extreme volatility continues to roil the gold market with mixed housing construction data providing little support for the precious metal.
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