Bitcoin daily chart alert – Routine corrective pullback Monday, from weekend record high – Mar. 15
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Monday, on a normal corrective pullback after hitting a new record high over the weekend.
Read moreAustralian firms are increasing capex spend as the market remains firm
(Kitco News) – Australian expenditure on mineral exploration has increased by 21% to more than $2.6 billion in 2019, according to the latest report from Geoscience Australia.
Read moreCan we take the Chinese industrial production numbers at face value?
(Kitco News) – Industrial output rose a massive 35.1% in the first two months from a year earlier, up from a 7.3 per cent on-year uptick seen in December, data from the National Bureau of Statistics showed on Monday. The year on year, industrial produ…
Read moreGold and silver are mixed leading into the EU session
(Kitco News) – Gold and silver are starting the first trading day of the week mixed. Gold has moved under flat trading at $1725/oz while silver is just above flat at $25.90/oz.
Read moreFortescue accelerates transition to carbon neutrality
(Kitco News) – Fortescue is seeking to move from being a major consumer of fossil fuel to a major clean and renewable energy exporter.
Read moreFortescue accelerates transition to carbon neutrality
(Kitco News) – Fortescue is seeking to move from being a major consumer of fossil fuel to a major clean and renewable energy exporter.
Read moreAustralian gold producer Evolution Mining to buy Battle North Gold for C$343 million
(Kitco News) – The consideration represents a 46% premium over the closing price of the Battle North common shares on the Toronto Stock Exchange on March 12, 2021.
Read moreIs the worst behind us? Here’s what’s next for gold price
(Kitco News) – Is gold ready for a new rally? After losing more than $200 since the start of the year, gold may have finally found its bottom – Monday’s 10-month low.
Why rock bottom refining charges are bullish for copper
(Kitco News) – “Many mines are getting old and declining in production, and the development pipeline is very low. So there’s not much there to replenish declining production, and many commentators see a significant supply gap of 5 million tonnes a year…
Read moreWhy gold has been dethroned as inflation hedge by these assets – Phil Streible
(Kitco News) – Gold’s role as the primary inflation hedge has been replaced by other assets, as investors bet on raw commodities to outperform during a reflationary environment, said Phil Streible, chief market strategist of Blue Line Futures.