Latest News

What Does Gold Need To Stay Above $1,600? Wells Fargo Makes A List

(Kitco News) – Can gold hit $1,600 an ounce in the near-term and stay above that level? Wells Fargo asked this question in the latest note to clients, making a list of events required to keep gold elevated.

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Gold Trading At All Time-Highs Above $2,000 Against Canadian Dollar

(Kitco News) – All eyes are on the U.S. gold market as global safe-haven demand supports prices near a six-year high; however, excitement is building north of the border as gold is trading at a fresh all-time-high above C$2,000 an ounce.

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Gold Prices Catching New Bid On Yield Curve Inversion

(Kitco News) – The bond yield curve inversion is triggering a new move higher in gold following a sharp selloff and consolidation in the previous session, according to analysts.

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Gold, Silver Prices Gain On Global Growth, Geopolitical Concerns

(Kitco News) – Gold and silver prices are moderately higher in early U.S. trading Wednesday. Safe-haven demand continues to be featured for the two precious metals at mid-week, amid heightened concerns about slowing world economic growth.

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Bitcoin Daily Chart Alert – Bulls Fade At Mid-Week – Aug. 14

(Kitco News) – Bitcoin-U.S. dollar futures prices are lower again and hit a two-week low in early U.S. trading Wednesday.

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Glencore Exec Joins African Gold Group

(Kitco News) – “We could not be more thrilled to have Danny joining the team.”

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Eric Sprott Invests $5 Million In Kootenay Silver

(Kitco News) – Upon completion Sprott will hold 11.28% on a non-diluted basis.

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Underground Mining With Electrified Equipment Reaches Tipping Point

(Kitco News) – Electricity is also becoming more viable due to renewables making the energy less costly.

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Recession Fears Grow as 10-Year/2-Year Yield Curve Flattens

(Kitco News) – Recession fears remain a consistent drag on financial markets and the threat has grown as the U.S. 10-year/2-year treasury yield curve inches closer to inverting.

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Gold Price Waits For Cues As Hong Kong-China Tensions Escalate

(Kitco News) – The gold market is carefully eyeing the rising tensions in Hong Kong as some analysts warn of possible further escalation.

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