Gold prices aren’t going anywhere anytime soon, SocGen sees precious metal around $1,675 by Q4
(Kitco News) – Investors might want to get comfortable with the gold price at current levels because one bank is not expecting the precious metal to go anywhere anytime soon.
Read moreAmericas Gold and Silver posts $30M net loss in 2020 as Cosalá blockade continues
(Kitco News) – Americas Gold and Silver (TSX: USA) (NYSE American: USAS), a growing North American precious metals producer, today reported a revenue of $27.9 million and a net loss of $30.1 million for 2020 or a loss of ($0.24) per share including a $…
Read moreGold, silver down as stock markets stabilize
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Monday, pressured in part by some fresh chart-based selling and by global stock markets that started out the trading week steady to mostly firmer Monday.
Read moreGold confiscation: myth or reality? E.B. Tucker on government’s gameplan
(Kitco News) – Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policy makers short on money will likely raise taxes and prevent capital flows into “other assets” like gold and Bitcoin. E.B. Tucker
Read moreThe Metals, Money, and Markets Weekly by Mickey Fulp – March 19, 2021
(Kitco News) – The Metals, Money, and Markets Weekly by Mickey Fulp – March 19, 2021
Read moreRussian mining giant Nornickel shuts metallurgical plant, aims to cut emissions at Kola Peninsula by 85% in 2021
(Kitco News) – Norilsk Nickel, the world’s largest producer of palladium and high grade nickel and a major producer of platinum and copper, announced today that it has shut down its metallurgical plant at Kola MMC in Monchegorsk, Russia.
Read moreAgnico Eagle to sell gold projects in Finland and Sweden
(Kitco News) – Gold Line Resources (TSX-V: GLDL) and EMX Royalty (NYSE American and TSX-V: EMX) announced today that they have entered into a definitive agreement with Agnico Eagle Mines.
Read moreFed Chair Powell: ‘Crypto is substitute for gold not U.S. dollar’
(Kitco News) – Leading global central banks, including the Federal Reserve, said that they are not threatened by the growing advancement of digital currencies and stable coins.
Read moreGold price not paying attention to a miss in U.S. existing home sales data
(Kitco News) – Gold was relatively unchanged as U.S. existing home sales came in below expectations in February.
Read morePrice pressure on gold, silver as stock market bulls regain footing
(Kitco News) – Gold and silver prices are lower in early U.S. trading Monday, pressured by some fresh chart-based selling and by global stock markets that are stable amid bond yields declining a bit to start the trading week.
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