10-year yields have room to push to 2.5%, what does this mean for gold?
(Kitco News) – Rising bond yields due to improving economic expectations is the biggest near-term threat to the gold market, according to analysts.
Read morePeter Schiff: Fed is trapped; will either bankrupt the government or the American people
(Kitco News) – The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.
Fortitude Gold posts strong results, mulls monthly dividend strategy
(Kitco News) – Fortitude Gold (OTCQB: FTCO) reported year-end 2020 results, including net income of $10.2 million, or $0.48 per share, and a strong balance sheet including $27.8 million cash. Total all-in sustaining cost per ounce was $952/oz.
Read moreWhy Nouveau Monde’s Quebec calling-card is so popular
(Kitco News) – The car industry likes Nouveau Monde Graphite’s address, said CEO Eric Desauliers who spoke to Kitco on Wednesday.
Read moreLowest cost gold mining companies in 2020 – report
(Kitco News) – The following is the list of the top 10 lowest cost gold mining companies in 2020 calendar year among the top 20 largest primary gold producers worldwide measured by output.
Read moreGold price fails attack on $1,750 as Fed’s Powell hints tapering
(Kitco News) – Gold shot up to a one-week high as it attempted to break the key resistance level at $1,750 an ounce after Federal Reserve Chair Jerome Powell praised economic progress and hinted at potential rollback of asset purchases.
Read moreVizsla Silver sharpens focus with name change
(Kitco News) – Silver is in relatively short supply compared to other metals that are needed for energy transition, said the CEO of Vizsla Silver, Michael Konnert.
Read moreWheaton Precious Metals to ink streaming agreement with Capston for $290 million
(Kitco News) – The push to bring more copper projects online to increase supply to meet growing demand is presenting an opportunity for one precious metals streaming company.
Read moreGold Futures 1-Hour Technical Analysis
(Kitco News) – Below is the 1-hour gold futures chart, at the time of writing the price is trading -0.40% lower and the sellers have just taken out the $1730/oz area. For now, the bears have taken charge and the upward sloping trendline (marked in red)…
Read moreGold price sees little movement following 4.3% increase in Q4 GDP
(Kitco News) – The gold market remains under pressure but prices are holding above $1,700 an ounce even as the U.S. economy ended 2020 on a strong note.
