World’s First Space Mining Kits Blast Off Into Orbit
(Kitco News) – The International Space Station (ISS) received the world’s first space mining kits, which could open up new opportunities in space exploration.
Gold Sells Off Moderately, Then Recovers, After U.S. Rate Cut
(Kitco News) – Gold prices are trading near steady in volatile action in the aftermath of the first U.S. interest rate cut from the Federal Reserve in 11 years.
Read moreGold Prices Recover From Initial Selloff After Federal Reserve Cuts Rates
(Kitco News) – The gold market is showing some strength as prices have reversed initial losses after the Fed signaled less aggressive action on U.S. monetary policy after cutting rates by 25 basis point
Read moreWhere Is Gold Headed Next Week? VOTE NOW!
(Kitco News) – It is now time to have your say in where you think gold prices are heading in the short-term.
Read moreCentral-Bank Gold Purchases To Near Six-Decade High In 2019 – Capital Economics
(Kitco News) – Central banks around the world are not planning on selling their rising gold stockpiles any time soon, said Capital Economics, adding that this year’s purchases will hit a 59-year high.
Read moreGold To Shine As Impending Fed Rate Cut Is Just The Start – Saxo Bank
(Kitco News) – Financial markets are on the cusp of seeing the Federal Reserve cut interest rates for the first time since 2008, but one international bank said that looser global monetary policy won’t be enough and gold is best positioned to benefit.
Golden Star Trims 2019 Production Guidance
(Kitco News) – Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) has cut its output guidance for 2019 but said efforts are under way to resolve issues that hurt operations in the second quarter.
Read moreMetals Focus Upbeat On Gold But Cautions Near-Term Upside May Be Limited
(Kitco News) – The consultancy Metals Focus said it remains upbeat on gold longer term, but cautions that near-term gains may be limited despite expectations for a U.S. rate cut on Wednesday.
Read moreCenterra Reports 2Q Profit, Hikes Gold-Output Guidance
(Kitco News) – Centerra Gold Inc. (TSX: CG) reported a jump in second-quarter adjusted earnings late Tuesday and hiked guidance for full-year gold production.
Read moreGold Prices Steady, Awaiting P.M. Fed Decision
(Kitco News) – Gold prices are trading near unchanged in early U.S. dealings Wednesday, ahead of this afternoon’s highly anticipated conclusion of the Federal Reserve’s Open Market Committee (FOMC) meeting.