Gold, silver sell off as Powell, Yellen address Congress
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Tuesday. Both metals are facing selling pressure amid only slight risk aversion in the marketplace at present.
Read moreTroilus acquires UrbanGold, grows projects portfolio in Quebec
(Kitco News) – Troilus Gold (TSX: TLG) (OTCQB: CHXMF) and UrbanGold Minerals (TSXV: UGM) (“UrbanGold”) announced today that the companies have entered into a definitive agreement, pursuant to which Troilus has agreed to acquire all of the issued and outstanding common shares of that it does not currently own.
Rex Minerals boosts gold resource 60% at Hog Ranch
(Kitco News) – Rex Minerals announced today a significant update to the mineral resource estimate at the Hog Ranch gold property in Nevada, USA.
Read moreGold price can push to $1,850 even as bond yields surge to 2% – Invesco
(Kitco News) – The gold market could continue to struggle in the near-term as investors adjust to rising interest rates. However, according to one market strategist, the yellow metal will remain a vital portfolio diversifier through 2021 and beyond.
Read moreGold prices remain under pressure following 18% drop in U.S. new home sales
(Kitco News) – The gold market remains under pressure, struggling to attract new bullish momentum even as fewer Americans than-expected bought new homes las month.
Hawkish Kaplan may have just signalled a further move down in gold prices
(Kitco News) – Professor Robert Kaplan, president and CEO of the Federal Reserve Bank, has jumped into the rising bond yield debate and it might not be something gold investors want to hear.
Read moreSlight price gains for gold as Yellen, Powell on deck
(Kitco News) – Gold prices are slightly up in early U.S. trading Tuesday, while silver prices are slightly down. Both metals are likely to tread water this morning ahead of midday remarks by two major U.S. economic officials.
Read moreBitcoin daily chart alert – Price uptrend alive and well – Mar. 23
(Kitco News) – Bitcoin-U.S. dollar prices are early this week seeing a routine corrective pullback in a solid price uptrend in place on the daily bar chart. Bulls still have the solid overall near-term technical advantage.
Read moreGoldman Sachs think there is still more room in the commodities rally
(Kitco News) – Goldman Sachs are once again calling the commodities sector to go on a massive rampage this year. The group say the sector is a great investment going forward, as prices will keep rising, up 15.5% for the next 12 months.
Read moreGold and silver trade marginally lower leading into the EU open
(Kitco News) – Once again gold and silver trade lower this morning but only marginally. The yellow metal is just under flat at $1737/oz while silver over around half a percent into the red at $25.64/oz.
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