Bitcoin daily chart alert – Powerful bull run rolls on – Apr. 14
(Kitco News) – Bitcoin-U.S. dollar prices are solidly higher and hit another new record high in early U.S. trading Wednesday.
Read moreCentral bank and consumer demand is proping up the gold price
(Kitco News) – The price of physical gold has been trading at a premium in China, the world’s biggest consumer of the commodity. In addition to this, the amount of gold withdrawn from the Shanghai Gold Exchange doubled in March from a year earlier to …
Read moreGold and silver start the EU session higher
(Kitco News) – Gold and silver have both recovered after some strength in the US session yesterday. Overnight gold is trading just above flat while silver has moved 0.57% in the black. In the rest of the commodities complex, copper is 0.10% higher and …
Read moreOrocobre says 90% gain on lithium prices
(Kitco News) – “Orocobre also advises that prices for the June 2021 quarter are expected to be approximately US$7,400/tonne FOB1 , subject to shipping schedules. This pricing will be the highest pricing received since June 2019 and is expected to resul…
Read moreMick Davis’s NextSource Materials to build battery anode facility
(Kitco News) – The location hasn’t be finalized yet. Commissioning of the battery anode facility is targeted for Q4 2022 and will be located proximal to key demand markets for graphite anode material, said NextSource in a news release. The company said…
Read moreThese are the metals attracting the most money right now – Kai Hoffmann
(Kitco News) – These are the metals attracting the most money right now – Kai Hoffmann
New Gold reports production setback at New Afton, says on track to meet 2021 guidance
(Kitco News) – Total production for the first quarter of 2021 was 96,026 gold equivalent ounces (66,650 ounces of gold, 187,224 ounces of silver and 13.8 million pounds of copper), in-line with plan.
Read moreGreat Panther reports Q1 2021 production decline, on track to meet annual guidance
(Kitco News) – The company said that its operations are on track to meet previously announced consolidated production guidance for 2021 of 135,000 to 150,000 Au eq oz.
Read moreThe real price of gold is at $2,100, here’s why – former U.S. Mint director
(Kitco News) – Even though gold’s spot prices are still trading below $1,750 an ounce, the real price of gold is a few hundred dollars higher, according to Ed Moy, former U.S. Mint director and currently chief market strategist at Valaurum.
Read moreUpside risk the economy creating headwinds for gold price – USBWM’s Haworth
(Kitco News) – The gold market is seeing some renewed momentum as inflation pressures push higher; however, one fund manager warned that the precious metal could struggle through the rest of the year as economic activity picks up.
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