Has coronavirus peaked? Gold prices find support in the fallout
(Kitco News) – With the number of new coronavirus cases slowing, gold prices are focusing on an economic fallout from the virus as traders keep the gold bid alive.
Read moreEquity market rally doesn’t dampen sentiment In gold market
(Kitco News) – Voters in the weekly Kitco gold survey remain bullish on the metal, with Wall Street analysts continuing to cite expected safe-haven buying of the precious metal due to worries about the impact of the coronavirus on the global economy.
Read moreBMO: ETF gold holdings rise for 12 consecutive days
(Kitco News) – Holdings of gold by physically backed exchange-traded funds have risen for 12 consecutive business days, said BMO Capital Markets. The ETFs trade like a stock but track the price of gold, with the commodity put into storage to back the s…
Read moreGold prices weaken a bit after upbeat U.S. jobs report
(Kitco News) – Gold and silver prices are steady to slightly down in early U.S. futures trading Friday, pressured only mildly following a stronger-than-expected U.S. employment report for January.
Read moreGold prices holding steady after the U.S. economy created 225K jobs in January
(Kitco News) – Gold prices are holding relatively steady as the U.S. economy once again created more jobs than expected, according to the latest data from the according to the Bureau of Labor Statistics.
Read moreBitcoin daily chart alert – Bulls continue to flex their muscles – Feb. 7
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Friday and hit another 13-week high overnight.
Read moreDonlin Gold Project receives right of way
(Kitco News) – Expected annual production is one million ounces per year over a 27-year mine life.
Read moreGiyani receives enviro permits for manganese project
(Kitco News) – The next step is public review of the proposed EMP which requires publication in the government gazette and local newspapers.
Read moreStrong silver price rebound is coming this month, says Orchid Research
(Kitco News) – With silver prices failing to remain above $18 an ounce in January, there is still hope for the white metal, according to Orchid Research, which projects a strong price rebound in February.
Read moreSan Marco trades up on financing news
(Kitco News) – San Marco Resources (TSX-V: SMN) announced today that its non-brokered private placement to raise C$500,000 has been over-subscribed.
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