Wall Street, Main Street: only a matter of time before gold prices see a sustained break above $1,750
(Kitco News) – Near-term sentiment in the gold market is once again bullish across the board as the precious metal prepares to end Friday near a two-week high, according to the latest results from the Kitco News Weekly Gold Survey.
Read moreAura boosts gold equivalent production 68% in Q1 2021
(Kitco News) – Aura Minerals (TSX: ORA) (B3: AURA33) reported that it has reached quarterly production of 66,782 gold equivalent ounces (“GEO”) in Q1 2021, which is 68% more compared to consolidated production of 39,735 GEO in Q1 2020.
Kirkland Lake Gold exceeds production target in Q1 2021
(Kitco News) – Senior gold producer Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the first quarter of 2021 of 302,847 ounces, which exceeded guidance for the quarter of 270,000 – 290,000 ounces and was 8% less than production in Q1 2020 (330,864 ounces).
Higher inflation will not be ‘persistent’; Fed Chair Powell doubles down on outlook
(Kitco News) – Higher inflation will not be ‘persistent’; Fed Chair Powell doubles down on outlook
Read morePrice pressure on gold, silver, after hot U.S. PPI data
(Kitco News) – Gold and silver prices are solidly lower in early U.S. trading Friday, extending overnight losses in the wake of a hotter-than-expected U.S. producer price index report for March that boosted the U.S. dollar index and pushed up U.S. Trea…
Read moreGold price remains under pressure, gets no help from strong rise in PPI inflation numbers
(Kitco News) – The gold market is seeing little reaction to rising inflation pressures as producer prices increased more than expected last month.
Price pullbacks for gold, silver after recent gains
(Kitco News) – Gold and silver prices are lower in early U.S. trading Friday, on routine downside corrections following the recent good gains that pushed both metals to multi-week highs this week.
Read moreBitcoin daily chart alert – Sideways price action not bearish – April 9
(Kitco News) – Bitcoin-U.S. dollar prices are steady-firm in early U.S. trading Friday. Trading has turned sideways this week. The bulls are not in trouble yet.
Read moreSilver Technical Analysis: $25/oz still looks stubborn
(Kitco News) – Looking at the 4-hour chart of silver below the price is trying to test low. The price where the most contracts have been traded is at $25.22/oz this is known as the mean value area on the volume profile.
Read moreGoldman speak about the gold vs bitcoin debate
(Kitco News) – Goldman Sachs have had their say on the bitcoin vs gold debate recently. Goldman Sachs CEO David Solomon appeared on CNBC’s Squawk Box, and he predicted that there would be “a big evolution” in the digital currency space in the coming years.
