RBC’s Gero: Gold Has Enough Supportive Influences To Bounce From Sell-Off
(Kitco News) – Gold has bounced from Friday’s post-jobs sell-off, when a 224,000 rise in nonfarm payrolls left market participants thinking the Federal Reserve may not be as aggressive cutting interest rates as previously thought, said George Gero
Gold Prices Up; Charts Still Bullish
(Kitco News) – Gold prices are moderately higher in early U.S. trading Monday.
Read morePBOC Adds Another 10.3 Tonnes To Gold Holdings
(Kitco News) – The binge in central-bank gold buying continued when the People’s Bank of China announced at the start of the week that it added another 10.3 tonnes of the precious metal to its holdings, analysts said.
Argentinian Lithium Carbonate Plant Is Online
(Kitco News) – Argosy Minerals said today that it achieved carbonate production at its industrial-scale pilot plant.
Read moreDiamond Auction Nets Alrosa $10.3 Million
(Kitco News) – A Hong Kong auction brought in $10.3 million for Alrosa’s diamonds, the company announced yesterday.
Read moreEric Sprott Makes $25 Million Investment In Continental Gold
(Kitco News) – Continental Gold, which is advancing its Buriticá project in Antioquia, Colombia, closed a $25 million non-brokered private placement with Eric Sprott.
Fed’s Easing Pace Questioned But Gold To Remain Around The $1,400 Level – Analysts
(Kitco News) – The precious metals sector got hit hard on Friday as the market re-priced its Federal Reserve rate cut expectations — taking a 50-basis point cut off the table in July.
Wall St, Main St. Look For Gold Prices To Recover From Sell-Off
(Kitco News) – Participants in the weekly Kitco News gold survey are shaking off Friday’s slump after strong U.S. jobs data, looking for the metal to bounce next week.
Commerzbank Sees $1,500/Oz Gold By End Of 2019
(Kitco News) – Commerzbank looks for gold to rise to $1,500 an ounce by the end of 2019, according to a research report released on Friday.
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