Gold price support levels
(Kitco News) – It was noted in recent technical articles that the gold price could move to lower levels as the price was somewhat extended and the volume on selling candles was moving higher than the ones in which the price moved higher.
Read morePMI’s this morning beat expectations over to the U.S.
(Kitco News) – Both UK and EZ services PMI beat expectations to print at loft levels this morning. If the number is above 50 it indicates that the sector is in expansionary territory. In the U.K. this is the fastest rate of service sector output growt…
Read moreGold and silver move lower leading into the European session
(Kitco News) -Gold and silver have both moved lower overnight heading into the European session. Gold is trading half a percent lower at $1898.39/oz while silver has lost -0.88% to trade at $27.87/oz. Copper has also fallen -0.30% and spot WTI is the o…
Read moreGalaxy ups its lithium production guidance for 2021
(Kitco News) – The company said that in light of the sustained high production rate, full year guidance is increased to 195,000 – 210,000 dmt from the previous range of 185,000 – 200,000 dmt.
Azimut Exploration jumps on drill results.
(Kitco News) – Azimut Exploration (TSXV: AZM) said today that 14 holes with pending assay results display wide mineralized intervals in drill core.
Read moreInflation is not a concern; these trading signs are much more important – Bill Baruch
(Kitco News) – Inflation is not a concern; these trading signs are much more important – Bill Baruch
Top 10 largest gold mines in Australia in Q1 2021 – report
(Kitco News) – Newcrest’s Cadia was the largest gold mine in Australia in Q1 2021, followed by Newmont’s Boddington and Tanami mines. Six out of the top 10 mines in Australia increased output in Q1 2021.
Read moreSolGold and Cornerstone announce cooperation pact for massive Cascabel project
(Kitco News) – After years of board room maneuvers, SolGold (TSX: SOLG) and Cornerstone Capital Resources (TSXV: CGP) announced Wednesday that they are cooperating to advance the Cascabel Project in northern Ecuador.
Read more‘We have been left with no choice’? Sundance commences arbitration against Cameroon gov’t
(Kitco News) – Sundance Resources said Wednesday it is commencing international arbitration against the Cameroon government.
Read moreDigital currency is the future of Russia’s financial system, says country’s central bank governor
(Kitco News) – Central bank digital currency is the future of Russia’s financial system, especially in light of the developing digital economy, said Russia’s central bank governor Elvira Nabiullina.
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