Hedges funds increase bullish gold bets but sentiment remains subdued
(Kitco News) – Ongoing uncertainty over the trade war between China and the U.S. prompted hedge funds to wade back into the gold, according to analysts evaluating the latest trade data from the Commodity Futures Trading Commission (CFTC).
Read moreAsia’s gold imports at ‘historically low levels’, trend to weigh on prices in 2020 — Capital Economics
(Kitco News) – Physical demand in Asia is yet to see a rebound after a significant drop during the last few months with October’s gold imports by India and China once again disappointing.
Read moreRisk-on sentiment could push gold to monthly lows of $1,445 – Bannockburn Global Forex
(Kitco News) – Headlines surrounding Hong-Kong election and China’s concession on intellectual property rights are boosting risk-on sentiment, according to Bannockburn Global Forex.
Kirkland Lake to buy Detour Gold in C$4.9 billion deal
(Kitco News) – Merger and acquisition activity remains alive and well in the gold sector after Kirkland Lake Gold announced its plans to acquire Detour Gold in an all shares deal.
Read moreGold, silver prices pressured on surprise China trade overture
(Kitco News) – Gold and silver prices are lower in early U.S. trading Monday. The safe-haven metals are seeing selling interest amid an uptick in risk appetite to start the trading week.
Read moreBitcoin daily chart alert – Prices hit 6-month low Monday; bears in firm control – Nov. 25
(Kitco News) – Bitcoin-U.S. dollar prices are near weaker and hit another six-month low in early U.S. trading Monday. Bears have the solid near-term technical advantage.
Read morePODCAST: The other Chinese conflict that could push gold higher
(Kitco News) – Chen said Mainland China takes advantage of Hong Kong’s free trade status and runs lots of products through its ports. If the U.S. revokes Hong Kong’s status, it could have a big impact on trade.
Read moreBitcoin is not what it once was, why volatility will get crushed says Bloomberg Intelligence
(Kitco News) – Bitcoin is not what it once was, why volatility will get crushed says Bloomberg Intelligence
Read moreEndeavour Silver suspends operations at exhausted El Cubo Mine
(Kitco News) – Mine employees will be laid off. Long-term plans for the mine, which include final closure, are being considered.
Read moreHolder of ‘richest rare-earth’ deposit adds claims
(Kitco News) – Rainbow Rare Earth is running rare earth production at its Gakara Rare Earth Project in Burundi, East Africa.
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