Adriatic Metals receives key permit for silver project in Bosnia
(Kitco News) – Adriatic Metals (ASX:ADT, LSE:ADT1) announced Sunday that the Federal Ministry of Environment and Tourism of Bosnia and Herzegovina has issued a positive Record of Decision for the Rupice Environmental Permit (RoD), one of the key approv…
Read moreHedge funds take profits in silver as retail mob drives prices higher – CFTC
(Kitco News) – As a mob of retail investors jumped into silver last week, hedge funds used the rally, which pushed prices to an eight-year high, to lock in some profits, according to the Commodity Future Trading Commission’s (CFTC) latest trade data.
Read moreNew Gold resumes underground activities at New Afton
(Kitco News) – New Gold (TSX and NYSE American: NGD) announced today that partial underground operations as well as B3 and C-Zone development activities have resumed over the weekend at the New Afton mine, located in Kamloops, B.C., following the tragi…
Read moreBitcoin hits record highs as Tesla jumps in, but it’s also great news for gold price
(Kitco News) – It’s a happy Monday for crypto investors as bitcoin surged to new record highs above $44,000 on the news that Tesla not only invested $1.5 billion in bitcoin but also said it would begin accepting the cryptocurrency as a form of payment.
Read moreGold Futures technical analysis ahead of the US open
(Kitco News) – Gold has pushed 0.60% higher during the Asian/EU session ahead of the US open. last week the precious metal found support at the $1784.9/oz level and now if there is some selling pressure this could be the level to watch. Below that, the…
Read morePrice gains for gold, silver as bargain hunters step in
(Kitco News) – Gold and silver futures prices are trading higher in early U.S. dealings Monday, as some perceived bargain-basement buying is featured to start the trading week after both metals suffered significant losses last week.
Read moreBitcoin daily chart alert – New high as Tesla announces it’s investing in BC – Feb. 8
(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher and hit a new all-time high above $42,000 in early U.S. trading Monday.
Read moreAustralia saw record gold exports in 2020
(Kitco News) – The Australia natural resources industry has produced revenue records for iron ore, gold and copper in 2020, according to the Australian Bureau of Statistics data.
Read moreGold and silver trade slightly higher leading into the EU open
(Kitco News) – Gold and silver have edged slightly higher leading into the EU sessions. Gold found support last week at $1785.13/oz and this is the level to watch if there is to be any bearishness this week. The silver chart looks slightly more positiv…
Read moreTreasury secretary who abolished gold standard: George Shultz dead at 100
(Kitco News) – Wages and prices were frozen, a surchage on imports was implemented, and the U.S. dollar’s direct convertability to gold was abolished. The result was a shift from the Bretton Woods system to an international regime of free-floating fiat…
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