Gold prices continue to struggle despite 1.3% drop in U.S. retail sales
(Kitco News) – The gold market is struggling to hold in positive territory even as U.S. consumers spent less than expected in May.
Read moreGold price firmer ahead of U.S. data, including FOMC
(Kitco News) – Gold prices are slightly up in early morning U.S. trading Tuesday, as the market awaits a slew of important U.S. economic data due out today, and amid the start of the Fed’s monetary policy meeting.
Bitcoin daily chart alert – Bulls optimistic after stabilizing prices – Jun. 15
(Kitco News) – Bitcoin-U.S. dollar prices are slightly higher in early U.S. trading Tuesday. Bulls have made a solid rebound from recent selling pressure.
Read moreWestern Australia ask the national government to make peace with China
(Kitco News) – Since the escalations with China have risen no state in Australia has been hit harder than Western Australia (WA). Most of the country’s iron ore, gold, and oil are produced there and Mark McGowan the premier has had his say on the debate.
Read moreU.S. Mint gold bullion sales rose 360% in May
(Kitco News) – In May 2021, the U.S. Mint has reportedly sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of 2020. In addition to this, American Buffalo gold coins were even more popular, with 44,000 one-ounce gold coins sold in…
Read moreGold is trading flat ahead of the European open
(Kitco News) – Gold is trading just above flat leading into the European open at $1866/oz. Silver is slightly worse off and has moved -0.55% lower to trade at $27.70/oz. In the rest of the commodities complex, copper has moved another 2% lower while sp…
Read moreSomething is ‘ridiculously wrong’ with this trading signal – Michael Gayed on lumber/gold
(Kitco News) – Something is ‘ridiculously wrong’ with this trading signal – Michael Gayed on lumber/gold
Bitcoin price to soar to $160k as FOMO drives EM adoption, Musk’s influence wanes – Alex Mashinsky
(Kitco News) – Bitcoin price to soar to $160k as FOMO drives EM adoption, Musk’s influence wanes – Alex Mashinsky
Read moreThere’s ‘a massive short’ in commodities: if Fed ignores inflation, ‘I’d buy commodities, crypto, gold’ – Paul Tudor Jones
(Kitco News) – If the Federal Reserves once again ignores inflation at this week’s meeting, billionaire hedge fund manager Paul Tudor Jones said he’d be buying commodities, crypto and gold.
Read moreTop 10 largest gold mines in Canada in Q1 2021 – report
(Kitco News) – Gold production in Canada in Q1 2021 increased by 7% to 1,488 koz compared to 1,385 koz mined in Q1 2020. Canadian Malartic was the largest gold mine in Canada in first quarter.
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