gold prices holding $1,800 but under pressure as Powell provides no new information on monetary policy
(Kitco News) – The gold market is holding its ground around $1,800 an ounce as Federal Reserve Chair Jerome Powell has not revealed any new information on U.S. monetary policy.
Gold sensitive to Powell’s comments, but still has a shot above $2,000 Credit Suisse
(Kitco News) – With bond yields trading near a one-year high, Market attention is laser-focused on Federal Reserve Chair Jerome Powell’s semi-annual monetary policy update before Congress, according to some analysts.
Gold sees price pause ahead of Powell testimony
(Kitco News) – Gold futures prices are trading not far from unchanged in early U.S. trading Tuesday and are pausing after good gains Monday and ahead of what is likely the markets event of the week.
Read moreBitcoin daily chart alert – Bulls getting hammered, need to stabilize prices – Feb. 23
(Kitco News) – Bitcoin-U.S. dollar prices are sharply lower in early U.S. trading Tuesday, after also getting hit hard Monday in the aftermath of prices hitting a record high during the weekend.
Read moreAnglo American has to close Moranbah North mine due to a gas threat
(Kitco News) – Anglo American (AAL:LSE) has had to evacuate its workforce from the Moranbah North coal mine in Queensland due to rising gas levels behind the mine’s longwall.
Index futures sell-off led by tech sector underperformance
(Kitco News) – The Dax 4-hour futures chart below shows the extent of the sell-off in the European session this morning and it now trades over 2% lower.
Read moreGold and silver are mixed heading into the EU session
(Kitco News) – Gold and silver moved into the EU session mixed as the yellow metal just holds its head above water to trade at $1809/oz. After a decent session yesterday where silver pushed over 3% higher this morning the precious metal has dropped jus…
Read moreEldorado declares maiden high-grade gold resource at Ormaque
(Kitco News) – Inferred mineral resources at Ormaque totaled 2,620,000 tonnes at a grade of 9.53 grams per tonne gold, for 803,000 ounces of contained gold.
Read moreNomad Royalty declares Q1 2021 dividend
(Kitco News) – A quarterly dividend of CAD $0.005 per common share is payable on April 15, 2021.
Read morePower restored at Gatos Silver mine in Mexico
(Kitco News) – The outage has had minimal impact on the company’s mining and processing activities.