Gold market can’t shake selling pressure despite weak ISM service-sector data
(Kitco News) – The gold market remains under pressure, trading near its session lows as the price sees little reaction to better-than-expected momentum in the U.S. service, according to the latest data from the Institute for Supply Management (ISM).
Sharp price declines in gold, silver amid firmer USDX, rising bond yields
(Kitco News) – Gold and silver futures prices are sharply lower and near their session lows in early U.S. trading Wednesday.
Read moreGold price at session lows just above $1,700 following weak U.S. ADP employment numbers
(Kitco News) – The gold market canâ??t catch a break as prices hold near session lows and just above critical support around $1,700 an ounce even as fewer workers than expected were hired in the private sector according to private payrolls processor ADP.
Bitcoin daily chart alert – Bulls back in business at mid-week – Mar. 3
(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher in early U.S. trading Wednesday and have hit a multi-session high. Bulls have the solid overall near-term technical advantage, gained more power today
Read moreCommerzbank feel gold should stabilize but do not rule out some slight “slippage”
(Kitco News) – Karen Jones, who is the Team Head of FICC Technical Analysis research at Commerzbank has said in her morning note that the price of gold could consolidate after some of the recent moves lower. She said, “Gold has sold off to the 55-month…
Read moreRio Tinto chairman Simon Thompson steps down
(Kitco News) – Rio Tinto chairman Simon Thompson has announced his intention to step down from his role due to the destruction of the Juukan Gorge rock shelters in Western Australia. Last year, Rio destroyed two 46,000-year-old caves in the Pilbara reg…
Read moreGold trades slightly lower at the EU open
(Kitco News) – After bouncing off the lows during yesterday’s session gold and silver are back in negative territory on Wednesday. The yellow metal trades 0.22% lower at $1734//oz, while silver trades around flat.
Read moreStock markets: is the honeymoon over? Gareth Soloway on how to trade now
(Kitco News) – Stock markets: is the honeymoon over? Gareth Soloway on how to trade now
Read moreRio Tinto seeks new Chairman
(Kitco News) – Rio Tinto’s Chairman Simon Thompson has informed the company’s Board that he will not seek re-election.
Company led by Robert Friedland to invest $44.5M in copper-silver-gold project in Montana
(Kitco News) – Hog Heaven is a high sulphidation epithermal silver-gold-copper-lead-zinc deposit with historical production located in the state of Montana, USA.
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