Australia is being encouraged to diversify its exports away from China
(Kitco News) – It is no secret that Australia is having its export problems with China at the moment and a leading body has suggested maybe the nation needs to diversify the nation’s risk. Since Australia decided to let some nationals from Hong Kong se…
Read moreGold price sees little movement following 770K rise in U.S. weekly jobless claims
(Kitco News) – The gold market is seeing little reaction to more volatility in the U.S. labor market as more Americans applied for unemployment benefits.
Read moreGold prices holding steady following massive rise in Philly Fed Manufacturing Survey
(Kitco News) – The gold market remains relatively unchanged on the day after the Philadelphia Federal Reserve report strong momentum in the region’s manufacturing sector.
Gold, silver holding on to Wed. price gains amid easy Fed policy
(Kitco News) – Gold and prices are modestly up in early U.S. trading Thursday, and are hanging on to the good gains posted Wednesday in the wake of a dovish U.S. central bank stance reiterated Wednesday afternoon.
Read moreBitcoin daily chart alert – Bulls still in command – Mar. 18
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Thursday. Not much new late this week. Bulls have the solid overall near-term technical advantage amid a price uptrend firmly in place on the daily bar chart.
Read morePost-FOMC gold futures technical analysis
(Kitco News) – Gold Technical Analysis – The gold chart below shows there is still some pressure on the yellow metal after the FOMC meeting last night. Fed’s Powell and Co. decided that they will keep rates and QE unchanged but upgraded their inflation…
Read moreGold and silver are mixed heading into the EU open
(Kitco News) – Gold and silver are trading mixed this morning with the yellow metal trading 0.29% down and silver moving 0.54% in the black. Gold has been impacted by some strength in the greenback today as the DXY trades 0.10% higher overnight. The US…
Read moreImperial Metals reduces net loss eight-fold in 2020
(Kitco News) – The company’s net loss from continuing operations in 2020 was $4.9 million ($0.04 per share) compared to net loss of $41.2 million ($0.32 per share) in 2019.
What are NFTs and why pay millions for them? ‘Certainly a bubble’ says Ian Rogers
(Kitco News) – Non-fungible tokens, or NFTs, are minting new millionaires overnight, and this brand new asset class is not only here to stay, but on the way to revolutionizing commerce as we know it, said Ian Rogers, chief experience officer of Ledger….
Read moreWhy is the #SilverSqueeze still happening? WallStreetSilver founder reveals motives
(Kitco News) – The silver squeeze movement is still ongoing, said Ivan Bayoukhi, founder of WallStreetSilver, whose number one goal is to wake up “billions of people to getting silver.”
