Gold, silver a bit weaker but up from daily lows
(Kitco News) – Gold and silver prices are slightly down in midday U.S. trading Wednesday. Trader and investor attitudes remain very upbeat at mid-week, which is a negative for the safe-haven metals.
Read moreGoGold sees ninth consecutive quarter of positive cash flow in Mexico
(Kitco News) – GoGold Resources (TSX: GGD) (OTCQX: GLGDF) today reported production for the quarter ending March 31, 2021 of 551,207 silver equivalent ounces, consisting of 302,933 silver ounces, 3,208 gold ounces, and 86 tonnes of copper.
Read moreOsisko Mining delivers robust PEA update for Windfall
(Kitco News) – Today, Osisko Mining (OSK:TSX) announced significant positive results from the independent Preliminary Economic Assessment (“PEA”) on its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Rio Tinto commences battery grade lithium production in California
(Kitco News) – Rio Tinto announced Wednesday that it has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States.
Read morePerth Mint sees record demand first-quarter demand for gold bullion
(Kitco News) – Mints worldwide are seeing unprecedented demand for physical bullion, with the Perth Mint the latest to announce record sales for the first quarter of 2021.
Read morePrice pullbacks for gold, silver amid scant risk aversion
(Kitco News) – Gold and silver prices are moderately down in early U.S. trading Wednesday. Trader and investor attitudes remain very upbeat at mid-week, which is a negative for the safe-haven metals.
Read moreBitcoin daily chart alert – Bulls fade just a bit at mid-week – Apr. 7
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Wednesday, on some more chart consolidation.
Read moreCiti analysts think gold could be in a consolidation range for some time
(Kitco News) – Precious metals analyst’s at Citi believe gold could be consolidating for some time. The investment bank said, “We expect that XAU/USD could mostly hover between the $1,700-$1,900/oz range for the balance of the year and average $1,800/oz in 2021.”.
Central bank gold buying has been pretty muted recently
(Kitco News) – Central bank gold purchasing has been uninspiring, to say the least of late. Collectively, central banks tipped back into net purchases during the month of February. Around 8.8t were added to global gold reserves.
Read moreGold and silver trade slightly lower heading into the EU open
(Kitco News) – Gold and silver trade marginally lower heading into the European cash equity open. Gold is 0.13% down at $1741.70oz while silver has lost 0.16% and trades near $25.10/oz.
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