Latest News

World’s nickel production dropped 4% in 2020

(Kitco News) – USGS said that global mine nickel production was 2,500 ktonnes in 2020, a 4% decline compared to 2019 (2,610 ktonnes).

Why $200k Bitcoin is next high; adoption phase not over yet – Greg King

(Kitco News) – Bitcoin is still in a rapid adoption phase, with the peak of the current cycle at $200,000, said Greg King, founder and CEO of Osprey Funds.

Silver price ‘suppression, squeeze, Hunt Brothers, and other ‘myths’ debunk

(Kitco News) – The net effect of trying to squeeze the silver is that “you will lose your money” said Jeff Christian, managing partner of CPM Group.

Fitch revises metals prices on ‘tight market supply,’ warns gold price to fall to $1,200 by 2023

(Kitco News) – Metals prices will see a significant boost in the short-term as the global economic recovery squeezes the limited available supplies, Fitch said in its updated outlook.

Silver seeing healthy consolidation, building a base to $50 – Andrew Hecht

(Kitco News) – The silver market continues to see healthy consolidation as it builds a solid base and digests last month’s push to $30 an ounce, according to one market analyst.

First Majestic initiates international arbitration request under NAFTA against the Government of Mexico

(Kitco News) – First Majestic Silver (AG: NYSE; FR: TSX) announced today that it has submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes (“ICSID”)

Global cobalt production fell 3% in 2020

(Kitco News) – Cobalt is the key metal of emerging green energy industry. The industry experts say that cobalt demand from nickel-cobalt-manganese (NCM) batteries used in EVs will likely increase from approximately 20,000 tonnes in 2019 to over 730,000…

Silver is ‘the best trade’: It’s sporadic but prices could hit $60 this year, says ex-JP Morgan MD

(Kitco News) – Signs of inflation are already here, and the best trade in the short-term is silver, said ex-JP Morgan managing director and now CEO of Trovio Jon Deane.

Gold, silver gain as greenback backs off

(Kitco News) – Gold and silver futures prices are firmer in midday U.S. trading Tuesday, on correctives bounces after gold hit a nine-month low overnight and silver notched a five-week low.