Gold sees modest rebound on short covering, bargain hunting
(Kitco News) – Gold prices are moderately higher in midday trading Wednesday. Some short covering in the futures market and bargain hunting in the cash market are featured after prices overnight fell to a three-week low.
Read moreJuniors with path to production will be hot commodity in 2020 – Revival Gold
(Kitco News) – 2019 was a major year for the gold market as prices broke out of a six-year trading channel. However, despite this move, junior explorers continue to struggle, according to one mining chief executive officer.
Read moreGold price still holding steady following strong ISM service sector data
(Kitco News) – The gold market is seeing a little selling pressure in reaction to renewed positive sentiment within the U.S. service sector, according to the latest data from the Institute of Supply Management (ISM).
Read moreHecla reports record level of silver reserves
(Kitco News) – Helca Mining Co. (NYSE: HL) appears to bucking the trend of dwindling reserves, according to its exploration update.
Read moreMetals Focus: Gold-sector M&A rises in 2019; return to 2010 deal-making not likely
(Kitco News) – Merger-and-acquisition activity in the gold sector rose in 2019 to the highest level since 2010, but a return to the widespread, costly deal-making of a decade ago is not likely given producers’ shift toward capital discipline, said the consultancy Metals Focus.
Commerzbank: palladium boosted by improved risk sentiment
(Kitco News) – Improved risk appetite in markets generally is having a “very noticeable impact on palladium,” said Commerzbank.
Read moreGold sees mild overnight bounce thwarted by strong ADP jobs number
(Kitco News) – Gold prices are slightly down in early U.S. futures trading Wednesday, and saw a mild corrective bounce overnight erased by a strong U.S. economic report just released.
Read moreGold price holding firm following 291K growth in private sector employment
(Kitco News) – Gold prices are holding firm around critical initial support as private sector jobs creation significantly beat with expectations in January, according to private payrolls processor ADP.
Read moreBitcoin daily chart alert – Bulls remain resilient at mid-week – Feb.5
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday. Bulls remain in near-term technical control.
Read moreContinental Gold discovers bonanza-grade gold
(Kitco News) – Continental Gold (TSX:CNL) announced yesterday a new high-grade vein discovery in an underground development at Buriticá, including drill results of 60.9 g/t gold along 50 meters.