Gold, silver lower on U.S.-Iran military “stand down,” rallying global equities
(Kitco News) – Gold and silver prices are lower in midday U.S. futures trading Thursday, as risk appetite has returned to the global marketplace on ideas the U.S. and Iran have stepped back from the brink of an escalating military conflict.
Read morePerth Mint’s gold coin sales surge in 2019 while the U.S. Mint sees worst year on record
(Kitco News) – Two different mints on the opposite sides of the globe are reporting very contrasting coin sales results from 2019.
Read moreFirst Quantum will produce more nickel and a little less copper
(Kitco News) – In the years ahead First Quantum (TSX:FM) said copper production will decrease slightly and nickel production will rise.
Read moreKirkland Lake Gold increases production 21% in Q4
(Kitco News) – Kirkland Lake Gold (NYSE:KL) said today that production in Q4 2019 totaled 279,742 ounces, an increase of 21% from 231,217 ounces during the same period a year ago.
Read moreGold price needs more than geopolitical uncertainty to sustain 2020 rally – Saxo Bank
(Kitco News) – Once again geopolitical uncertainty has had a short-lived impact on the gold market but that doesn ’t mean investors should give up on the precious metal, according to one market analyst.
LBMA: Hochreiter top 2019 gold forecaster; Dahdah first in silver
(Kitco News) – Rene Hochreiter was the top forecaster for gold in 2019 and Bernard Dahdah for silver in the London Bullion Market Association’s annual contest, the organization announced Thursday.
RBC’s Gero: gold pulls back as ‘winds of war’ recede
(Kitco News) – George Gero, managing director with RBC Wealth Management, said the “winds of war” have receded, pulling gold down after the metal had climbed sharply early in the week on heightened U.S.-Iran tensions.
Gold remains softer after U.S. jobless claims fall 9,000 to 214,000
(Kitco News) – Gold remained weaker after Labor Department data Thursday showed that initial weekly U.S. jobless claims fell by 9,000 to a seasonally adjusted 214,000 in the week to Saturday. Spot gold was last down $4.80 to $1,551.20 an ounce.
Read moreU.S. Weekly Jobless Claims Falls To 214K
(Kitco News) – The U.S. labor market remains on solid footing after initial weekly jobless claims rose less than expected for the week to Saturday, according to the latest data employment data.
Read moreGold, silver prices back down as risk aversion recedes
(Kitco News) – Gold and silver prices are lower in early U.S. futures trading Thursday, as risk appetite has quickly returned to the global marketplace on ideas the U.S. and Iran have stepped back from the brink of an escalating military conflict that …
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