Gold prices under pressure and finding little support from drop in U.S. PPI Inflation data
(Kitco News) – Gold prices are under pressure and losing further ground following significantly weaker than expected inflation is having little impact on the precious metal.
Read moreGold extends loss after U.S. jobless claims fall 4,000 to 211,000
(Kitco News) – Gold extended early losses after Labor Department data Thursday showed that initial weekly U.S. jobless claims fell by 4,000 to a seasonally adjusted 211,000 in the week to Saturday. Spot gold was last down $23.40 to $1,611.40 an ounce.
Read moreGold down as traders sell what they can amid panicked marketplace
(Kitco News) – Gold prices are lower in early U.S. futures trading Thursday as markets liquidity in a panicky global marketplace is drying up as traders and investors back away from trading markets.
Read moreBitcoin daily chart alert – Price careens to 10-month low – Mar. 12
(Kitco News) – Bitcoin-U.S. dollar prices are sharply lower and hit a 10-month low early Thursday. Panicky global markets are sucking liquidity out of many markets, including Bitcoin. Low liquidity is generally bearish.
Read moreHope for gold prices to push through $2,000 lies with Fed’s next move
(Kitco News) – Hope for gold prices to push through $2,000 lies with Fed’s next move
Read moreWheaton Precious Metals picks a good year to up palladium production
(Kitco News) – Wheaton said there are penalties if production continues to drop.
Read moreKinross releases statement on employee who tested positive for the COVID-19 virus
(Kitco News) – To date, COVID-19 has not impacted production or product shipments at any of the Company’s sites.
Juniors explorers should get bigger to get noticed – Probe Metals
(Kitco News) – It’s not just gold producers that need to get bigger to get noticed by investors, but that is also a lesson exploration companies should take to heart, according to one junior mining executive.
Where is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreBarrick Gold to spend $1.3B to extend Pueblo Viejo
(Kitco News) – Barrick Gold (NYSE:ABX) said today it will spend an initial investment of $1.3 billion to expand the process plant and the tailings facility at its Pueblo Viejo gold mine in the Dominican Republic.
Read more