Gold sees price weakness as greenback gains
(Kitco News) – Gold prices are modestly lower in early morning U.S. trading Friday, pressured in part by solid gains in the U.S. dollar index on this last trading day of the week.
Read moreBitcoin daily chart alert – Bulls have the better week – Jun. 11
(Kitco News) – Bitcoin-U.S. dollar prices are a bit higher in early U.S. trading Friday. Bulls have made a good comeback late this week but have more work to do to restart a price uptrend on the daily chart.
Read moreMixed U.K. data for April shows higher than expected GDP expansion
(Kitco News) – There was some U.K. data out this morning and it made for mixed reading. The figure which is usually the highlight was the GDP number for April. The report said UK gross domestic product (GDP) is estimated to have grown by 2.3% in April …
Read moreGold and silver are trading higher leading into the European open
(Kitco News) – Gold and silver are trading higher leading into the European open. The yellow metal has moved above $1900/oz again to trade 0.13% in the black while silver has moved 0.73% higher to trade at $28.18/oz. In the rest of the commodities comp…
Read moreSouth Africa’s mining industry soars 117% in April
(Kitco News) – Statistics South Africa (Stats SA) reported today that the domestic mining production increased by 116.5% year-on-year in April 2021.
Read moreInflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker
(Kitco News) – Inflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker
Bitcoin to surge to $1 million in 6 years as it becomes more scarce than gold, says crypto-asset expert
(Kitco News) – The popular cryptocurrency is known for its volatility, so don’t be surprised to see prices surge to $1 million this decade as bitcoin becomes more scarce than gold and big pension funds start piling in, according to Fred Pye, president …
Read more‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
(Kitco News) – ‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
Gold Mountain expects first revenue from its Elk Gold mine this November
(Kitco News) – Gold Mountain said it is on schedule for ore delivery in October and revenue in November 2021.
Read moreSchlumberger partners with Panasonic on new battery-grade lithium production process
(Kitco News) – Schlumberger New Energy and Panasonic Energy of North America announced today that they have entered into a collaboration agreement for the validation and optimization of the innovative and sustainable lithium extraction and production p…
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