Goldman Sachs think there is still more room in the commodities rally
(Kitco News) – Goldman Sachs are once again calling the commodities sector to go on a massive rampage this year. The group say the sector is a great investment going forward, as prices will keep rising, up 15.5% for the next 12 months.
Read moreGold and silver trade marginally lower leading into the EU open
(Kitco News) – Once again gold and silver trade lower this morning but only marginally. The yellow metal is just under flat at $1737/oz while silver over around half a percent into the red at $25.64/oz.
Read moreFortune Bay reports 1.2 Moz of gold in Saskatchewan
(Kitco News) – The company said that indicated mineral resources amounted to 975,000 oz of gold and inferred mineral resources amounted to 176,000 oz of gold.
Read moreKGHM increases copper production 5% in February
(Kitco News) – KGHM’s production of payable copper amounted to 58.0 thousand tonnes in February.
Read moreShort-term bear trend not yet over for gold until this level hits – Chris Vermeulen
(Kitco News) – Gold is down, at one point, 0.6% on Monday, but traders and investors alike need to understand that this really is not a big move, said Chris Vermeulen, chief market strategist at https://TheTechnicalTraders.com.
Read moreBitcoin to remain ‘ultra-volatile’ due to its ‘limited tradability’ – Deutsche Bank
(Kitco News) – The popular cryptocurrency’s $1 trillion market cap is now too large to ignore, but bitcoin will remain “ultra-volatile” due to its “limited tradability,” Deutsche Bank said in a report.
Read moreEquinox Gold delivers robust feasibility study for Castle Mountain expansion
(Kitco News) – Equinox Gold (TSX: EQX), (NYSE: EQX) announced today the results of a feasibility study for the phase 2 expansion at the company’s 100%-owned Castle Mountain gold mine, located in California, USA.
Read moreBarrick to combine rehabilitation with value creation at Golden Sunlight
(Kitco News) – Montana Governor Gianforte and Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and CEO Mark Bristow have met at the closed Golden Sunlight mine in Jefferson County.
Read moreGold price on pause until U.S. bond auctions this week – StoneX
(Kitco News) – Gold is unlikely to make any sudden moves until the U.S. bond auctions this week, according to StoneX, which sees gold’s support at just above $1,730 an ounce.
Read moreGold price will keep sliding, but watch for this rebound level – Chris Vermeulen
(Kitco News) – Gold is down, at one point, 0.6% on Monday, but traders and investors alike need to understand that this really is not a big move, said Chris Vermeulen, chief market strategist at https://TheTechnicalTraders.com.
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