More upside price action in gold, silver; bulls have momentum
(Kitco News) – Gold and silver prices are moderately up in early U.S. trading Wednesday. Both precious metals are now enjoying near-term price uptrends in place on the daily bar charts.
Read moreCommerzbank forecast a move higher in gold
(Kitco News) – The Commerzbank technical analysis team has forecast that gold could move higher in the coming weeks. Karen Jones who is Head of FICC Technical Analysis wrote “Gold has completed a small base at approximately 1756- 1677 which offers an u…
Read moreBitcoin daily chart alert – Bulls losing some strength this week – Apr. 21
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Wednesday. Recent heavy selling pressure has created a potentially bearish pennant pattern on the daily chart.
Read moreGold Futures Price Analysis: Gold is not out of the woods just yet
(Kitco News) – Gold has had an impressive move higher and leading into the European open the price was 0.40% in the black. Interestingly, the yellow metal still has not managed to get and close above the 30th November 2020 low of $1767.2/oz. If this le…
Read moreGold pushes higher ahead of the European market open
(Kitco News) – Gold and silver are once again trading higher leading into the European open. Gold is 0.40% higher at $1785/oz while silver has moved up 1% to reach $26oz again.
Read moreGreenland Minerals requests talks with new gov’t
(Kitco News) – After seeing its Kvanefjeld rare earth project imperiled by a new government opposed to the mine being built, Greenland Minerals said today it is seeking consultation.
Read moreBHP ups copper guidance
(Kitco News) – Total copper production decreased by six per cent to 1,233 kt compared to the same six months a year prior. The miner said COVID-19 hampered production.
Read moreMining giant BHP reports copper output down, iron ore up – nine months to March 2021 review
(Kitco News) – BHP’s total copper production for the nine months ended March 31, 2021, decreased by six per cent to 1,233 kt.
Read moreIs Bitcoin really decentralized? What triggered the ‘biggest liquidation’ in history – Ran Neuner
(Kitco News) – Is Bitcoin really decentralized? What triggered the ‘biggest liquidation’ in history – Ran Neuner
Gold price has upside in Q2 as ‘tremendous amount of liquidity is looking for a home’ – StoneX
(Kitco News) – Everything considered, there is an upside risk to gold price for the second quarter, according to StoneX, which cites an enormous amount of liquidity still looking for a home.
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