Russian gold mining giant Polyus reports Q1 2021 production decline
(Kitco News) – Polyus, the largest gold producer in Russia and a top 5 gold producer globally, announced Monday that its total gold output amounted to 592 thousand ounces in Q1 2021, compared to 710 thousand ounces in Q4 2020 and 595 thousand ounces in…
Read moreGold, silver pausing ahead of FOMC meeting
(Kitco News) – Gold and silver prices are slightly up in two-sided trading at midday Monday, on some more chart consolidation after recent gains.
Read moreChaarat Gold reports strong Q1 2021 production results in Armenia
(Kitco News) – Chaarat Gold (AIM:CGH) announced Monday that it produced 16,174 gold equivalent ounces at its Kapan mine in Armenia in Q1 2021, which represents a 21% increase on Q1 2020 (13,353 oz) as a result of increased third-party ore treatment and…
Read moreHedge funds testing the gold investment waters but not enough interest to push prices to $1,800
(Kitco News) – The latest data from the Commodity Futures Trading Commission showed that a sharp decline in U.S. 10-year bond yields enticed some hedge funds and money managers back into the gold market.
Read moreFortuna and Roxgold announce business combination
(Kitco News) – Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) and Roxgold (TSX: ROXG) (OTCQX: ROGFF) announced today that they have entered into a definitive agreement whereby Fortuna will acquire all the issued and outstanding securities of Roxgold pursu…
Read moreGold, silver see mixed price action Monday, awaiting FOMC
(Kitco News) – Gold and silver prices are narrowly mixed in early U.S. trading Monday, on some more chart consolidation after recent gains.
Read moreBitcoin daily chart alert – Bulls work to stop the bleeding – Apr. 26
(Kitco News) – Bitcoin-U.S. dollar prices are sharply up in early U.S. trading Monday, on a corrective bounce after falling to a seven-week low over the weekend.
Read moreGold premiums in India fall as COVID-19 bites again
(Kitco News) – India is struggling with a massive second wave of COVID infections as the nation reports record deaths and infections on a daily basis at the moment.
Read moreCopper breaks resistance to trade at levels not seen since 2011
(Kitco News) – Copper continues to climb and hits its highest level since August 2011. Since breaking the trendline back in July 2020 the price has not looked back. From the March 2020 low Dr Copper is now trading just over 123% higher
Read moreGold is trading marginally lower heading into the European open
(Kitco News) – Gold and silver are started the European session slightly lower this morning following any major lack of direction in the Asia Pac session. The yellow metal trades at $1776/oz just under flat while silver has dropped nearly half a percen…
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