Commezbank downgrades gold forecast, but prices can still push above $2,000
(Kitco News) – The gold market is starting to attract some new buying momentum as prices push above $1,800 an ounce at the start of the week. Still, the recent drop to a seven-month low has taken its toll as some banks continue to adjust their 2021 pri…
Read moreGold futures bounce off a nice technical support area
(Kitco News) – Last week it was highlighted that the consolidation low near $1767.2/oz was an important support level to watch. Since then the price of the yellow metal has bounced and moved back to the upside but the pressure is still on.
Read moreGold price gains amid positive outside market forces
(Kitco News) – Gold futures prices are solidly higher in early U.S. trading Monday and have rebounded after hitting an eight-month Friday.
Read moreBitcoin daily chart alert – Routine downside correction Monday – Feb. 22
(Kitco News) – Bitcoin-U.S. dollar prices are solidly lower in early U.S. trading Monday, after hitting another record high during the weekend.
Read moreRussia boosts it’s gold holdings
(Kitco News) – Russia’s FX holdings increased to a total of $591.5 billion (February 12) according to the latest data released by the country’s central bank shows. This means the weekly growth amounted to $5.4 billion or 0.9 percent.
Gold and silver have pushed higher heading into the EU session
(Kitco News) – On the first trading day of the week, gold and silver have moved higher leading into the EU open. The yellow metal continues its bounce from the consolidation low of $1764.73/oz that it printed slightly below last week. Silver has once a…
Read moreAustralian Vital Metals signs contract to start rare earths mining in Canada
(Kitco News) – Vital is progressing to start rare earth oxide production in Canada in 2021.
Read more‘Gold is going to be outpaced by silver and platinum’ – Bill Baruch
(Kitco News) – ‘Gold is going to be outpaced by silver and platinum’ – Bill Baruch
Read moreGold vs. everything else: Gold price is competing with bitcoin, dollar and now silver
(Kitco News) – Could anything go right for gold this week? Prices are trading below $1,800, and bitcoin is no longer the only asset stealing attention away from gold.
Read moreCopper reaches tipping point
(Kitco News) – “Boards and management need to be a little bit more aggressive,” said Heppenstall, who noted a steep drop in copper supply with demand set to increase.
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