Kirkland Lake Gold exceeds production target in Q1 2021
(Kitco News) – Senior gold producer Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the first quarter of 2021 of 302,847 ounces, which exceeded guidance for the quarter of 270,000 – 290,000 ounces and was 8% less than production in Q1 2020 (330,864 ounces).
Higher inflation will not be ‘persistent’; Fed Chair Powell doubles down on outlook
(Kitco News) – Higher inflation will not be ‘persistent’; Fed Chair Powell doubles down on outlook
Read morePrice pressure on gold, silver, after hot U.S. PPI data
(Kitco News) – Gold and silver prices are solidly lower in early U.S. trading Friday, extending overnight losses in the wake of a hotter-than-expected U.S. producer price index report for March that boosted the U.S. dollar index and pushed up U.S. Trea…
Read moreGold price remains under pressure, gets no help from strong rise in PPI inflation numbers
(Kitco News) – The gold market is seeing little reaction to rising inflation pressures as producer prices increased more than expected last month.
Price pullbacks for gold, silver after recent gains
(Kitco News) – Gold and silver prices are lower in early U.S. trading Friday, on routine downside corrections following the recent good gains that pushed both metals to multi-week highs this week.
Read moreBitcoin daily chart alert – Sideways price action not bearish – April 9
(Kitco News) – Bitcoin-U.S. dollar prices are steady-firm in early U.S. trading Friday. Trading has turned sideways this week. The bulls are not in trouble yet.
Read moreSilver Technical Analysis: $25/oz still looks stubborn
(Kitco News) – Looking at the 4-hour chart of silver below the price is trying to test low. The price where the most contracts have been traded is at $25.22/oz this is known as the mean value area on the volume profile.
Read moreGoldman speak about the gold vs bitcoin debate
(Kitco News) – Goldman Sachs have had their say on the bitcoin vs gold debate recently. Goldman Sachs CEO David Solomon appeared on CNBC’s Squawk Box, and he predicted that there would be “a big evolution” in the digital currency space in the coming years.
Gold and silver fall ahead of the EU open
(Kitco News) – Gold and silver have slipped lower overnight with the yellow metal trading -0.44% in the red. Silver has dropped 1% and this comes after a pretty decent session on Thursday but the majority of those gains have now been paired.
Read moreCanada Nickel initiates enviro study of Crawford project
(Kitco News) – “Canada Nickel is rapidly advancing the development of the Crawford mine to deliver NetZero Nickel and Cobalt
products in a sustainable, environmentally responsible way. We will be announcing results from our Preliminary
Economic Analysis (PEA) shortly and expect the feasibility study to be completed by year-end, therefore we want
to begin this critical ESIA work as quickly as possible,” said Mark Selby, Chair and CEO of Canada Nickel