Morgan Stanley are bearish on gold despite the inflation outlook
(Kitco News) – Morgan Stanley’s Chief Cross-Asset Strategist Andrew Sheets has said believes that inflation will rise, but that the gold price will fall.
Read moreGold and silver ETF’s saw large outflows while platinum shines
(Kitco News) – Gold and silver funds saw their biggest weekly outflow in the last three month period. This could have something to do with the rising equities market as even the FTSE 100 and CAC 40 have improved over the last couple of session.
Read moreGold and silver are flat leading into the EU sesion
(Kitco News) – With the US off for a public holiday and China still closed it was a pretty quiet session overnight Gold and silver are trading pretty much flat with the yellow metal hanging neat $1819.22oz and silver holding at $27.56/oz.
Read moreBHP delivers strong half year results, announces record dividend
(Kitco News) – The company’s Board has determined to pay an interim dividend of US$1.01 per share (or US$5.1 billion).
Leading mining school launches unique program for space mining
(Kitco News) – The minor is believed to be the first in the world with this specific focus.
Read moreWhy a small amount of trader activity is making the copper price soar
(Kitco News) – Why a small amount of trader activity is making the copper price soar
Read morePushing above $1,300, platinum prices leading the way in precious metals sector – SocGen
(Kitco News) – The platinum market continues to generate new investor attention as prices trade at their highest level in 7-years, pushing above $1,300 an ounce.
Read moreChile was the largest copper producer in 2020; top copper countries felt impact of the pandemic – report
(Kitco News) – As Kitco reported before, according to the preliminary data released by the U.S. Geological Survey (USGS), estimated global mine production of copper was 20 million tonnes in 2020, or 2% decrease over 2019 (20.4 million tons).
Read moreOrocobre reports minor earthquake damage to lithium plant in Japan
(Kitco News) – Orocobre (ASX: ORE, TSX: ORL) advised yesterday that following an earthquake late Saturday (13 February 2021, JST) off the coast of Fukushima Prefecture, north east Japan, there are no injuries to employees at the Naraha lithium hydroxid…
Read moreTop diamond miner ALROSA sees demand recovery
(Kitco News) – ALROSA reported today that the company sold 104 rough diamonds (over 10.8 carats) with the total weight of 1,500 carats at this year’s first diamond auction held in Dubai from January 19 to February 9, 2021.