Enough people thought coronavirus tied to beer
(Kitco News) – The coronavirus has been declared a “global emergency” by the World Health Organization, and airlines around the world have temporarily suspended flights to China. Russia is even closing its southern border with China. Yet, despite globa…
Read moreVirus fears expected to keep fueling gold rally
(Kitco News) – Voters in the weekly Kitco News gold survey remain bullish on the yellow metal for next week, with traders and analysts citing ongoing worries about the economic fallout from the coronavirus that hit China, with a small number of cases n…
Read moreModern-day 49ers ‘mining’ for silver in Super Bowl
(Kitco News) – We’re referring to the San Francisco 49ers, who will be playing in the Super Bowl on the opposite side of the country Sunday when they take on the Kansas City Chiefs in Miami. The winning team will get a trophy that has nearly seven pounds of sterling silver.
Standard Chartered sees ‘sustained upside risk to gold prices’ in 2H
(Kitco News) – Standard Chartered has a positive outlook for gold prices, which appear to be bucking a seasonal trend by holding up after the Lunar New Year holiday.
Read moreGold price sees little movement following in line inflation pressures
(Kitco News) – Gold prices see little change and remain under pressure as inflation holds relatively steady through the end of 2019.
Read moreCaterpillar 4Q adjusted profit rises, outlook calls for decline in 2020
(Kitco News) – Heavy machine manufacturer Caterpillar Inc. (NYSE: CAT) reported a rise in fourth-quarter adjusted earnings Friday even though sales and revenue fell, but projected that its adjusted profit will decline in 2020.
Read moreGold, silver prices weaker, but look for traders to “buy the dip”
(Kitco News) – Gold and silver prices are modestly weaker in early U.S. futures trading Friday. The safe-haven metals are seeing some pressure despite marketplace focus to end the week and the month right back on the coronavirus outbreak that is spread…
Read moreBitcoin daily chart alert – Bulls enjoying firm price uptrend – Jan. 31
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday, on a normal corrective pullback from this week’s good gains that saw prices hit an 11-week high.
Pilbara Minerals moderates production in face of lithium weakness
(Kitco News) – The company said it moderated production from the Pilgangoora Lithium-Tantalum Project (Pilgangoora Project) in order to conserve cash and wait for a market recovery.
Read moreNew Century hits record production, calls zinc market ‘dour’
(Kitco News) – The company said it is on track to become a top 10 zinc producer in 2020.
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