UBS: ‘We Expect Gold To Ultimately Be Supported’
Gold has started the week softer after a weekend Group of 20 meeting rekindled hopes of the U.S. and China averting an all-out trade war, but the metal is likely to attract buying at lower levels, said UBS.
Read moreEasing Geopolitical Concerns Sink Gold Prices
(Kitco News) – Gold prices are solidly lower but off their overnight lows in early U.S. trading Monday.
Read more‘It’s Bizarre’: $1.1 Million In Gold Bars Stolen From Canadian Home Near U.S.-Canada Border
(Kitco News) – Canadian police are puzzled by the latest heist that saw $1.1 million worth of gold bars and $4,000 U.S. dollars in cash stolen from a home in Ontario — Canada’s most popular province that borders the U.S.
Gold Prices Plunge Below $1,400 As Markets Open After G20
(Kitco News) – The yellow metal tumbled early Monday as Asian markets opened following the news that U.S.-China trade talks will re-start and a surprise meeting between U.S. President Donald Trump and North Korea’s leader Kim Jong Un.
Read moreNevada Miner Adds Mercury Remidiation Business
(Kitco News) – Comstock said it will invest $2 million in MCU giving it about two-thirds ownership in the new venture.
Read moreEpiroc Wins $14.5 Million Chilean Order
(Kitco News) – El Teniente is Codelco’s largest mine.
Glencore Makes Statement Regarding Artisinal Miner Fatalities
(Kitco News) – “The incident has not had an impact on production.”
Read moreA Refrigerator-Sized Device Capable Of Powering A Mine
(Kitco News) – “You can walk away from the device and it will shut down on its own.”
Read moreNext Week Should Be Interesting
(Kitco News) – Buckle up; we are headed into a weekend with a lot of uncertainty.
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