Gold prices can push higher as bond yields have peaked – Metals Focus
(Kitco News) – The gold market continues its climb back towards $1,800 an ounce as the precious metal benefits from a weaker U.S. dollar and lower bond yields.
Read moreGold priced in CAD halts rally after BoC hints higher rates could come sooner
(Kitco News) – Gold priced in Canadian dollars paused its early-morning rally after the Bank of Canada (BoC) announced a drastic revision to its economic outlook, hinting that higher rates could come sooner than expected.
Read moreMore upside price action in gold, silver; bulls have momentum
(Kitco News) – Gold and silver prices are moderately up in early U.S. trading Wednesday. Both precious metals are now enjoying near-term price uptrends in place on the daily bar charts.
Read moreCommerzbank forecast a move higher in gold
(Kitco News) – The Commerzbank technical analysis team has forecast that gold could move higher in the coming weeks. Karen Jones who is Head of FICC Technical Analysis wrote “Gold has completed a small base at approximately 1756- 1677 which offers an u…
Read moreBitcoin daily chart alert – Bulls losing some strength this week – Apr. 21
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Wednesday. Recent heavy selling pressure has created a potentially bearish pennant pattern on the daily chart.
Read moreGold Futures Price Analysis: Gold is not out of the woods just yet
(Kitco News) – Gold has had an impressive move higher and leading into the European open the price was 0.40% in the black. Interestingly, the yellow metal still has not managed to get and close above the 30th November 2020 low of $1767.2/oz. If this le…
Read moreGold pushes higher ahead of the European market open
(Kitco News) – Gold and silver are once again trading higher leading into the European open. Gold is 0.40% higher at $1785/oz while silver has moved up 1% to reach $26oz again.
Read moreGreenland Minerals requests talks with new gov’t
(Kitco News) – After seeing its Kvanefjeld rare earth project imperiled by a new government opposed to the mine being built, Greenland Minerals said today it is seeking consultation.
Read moreBHP ups copper guidance
(Kitco News) – Total copper production decreased by six per cent to 1,233 kt compared to the same six months a year prior. The miner said COVID-19 hampered production.
Read moreMining giant BHP reports copper output down, iron ore up – nine months to March 2021 review
(Kitco News) – BHP’s total copper production for the nine months ended March 31, 2021, decreased by six per cent to 1,233 kt.
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