Australian gold production sees slow start to 2021, production down 3% in 2021
(Kitco News) – Australia’s gold production got off to a slow start in the first quarter of 2021; however, according to one research firm, the nation could be on track to surpass China and become the world’s top gold producer.
Read moreGerman inflation starts to pick up
(Kitco News) – German CPI has come in higher than expectations on the year-on-year readings across the board today as inflation starts to hit Europe. In previous readings, the EUR/USD strength could have meant that some of the inflationary shocks had b…
Read moreGerman inflation starts to pick up
(Kitco News) – German CPI has come in higher than expectations on the year-on-year readings across the board today as inflation starts to hit Europe. In previous readings, the EUR/USD strength could have meant that some of the inflationary shocks had b…
Read moreGold and silver edge higher leading into the European open
(Kitco News) -Gold and silver are trading higher after both metals had a good Asian session. The yellow metal is 0.20% up trading at $1906/oz while silver trades at $27.94/oz. In the rest of the commodities complex, copper has moved 0.14% in the black …
Read moreWorry about disinflation, not inflation
(Kitco News) – “Today, 60% of private sector GDP in the U.S. is in intangibles,” said Shvets. “[You] don’t have the same capacity constraints.” Shvet said the speed up in digitization and automation is driving down the cost of goods and services.
‘We’re all good at buying, we’re less good at selling’ – Adshead-Bell
(Kitco News) – “My key takeaway is we’re all very good at buying. We’re less good at selling. [You] might have a paper [gain], but if you don’t execute…and extract value from that position, you don’t really have anything at the end of the day.”
Read moreGold’s big strides and its ultimate $10K price target
(Kitco News) – Gold is making some big strides, rising above $1,900 an ounce for the first time since January. And gold bulls now want to see the $2,000 an ounce gold price target happen.
Read moreGold is on the move
(Kitco News) – After five long months, the moment gold investors have been waiting for has arrived, if only for a brief session.
Read moreAustralia’s mining industry growth slowed last year – report
(Kitco News) – The Australian Bureau of Statistics (ABS) reported today that in 2020, the domestic mining sector, while showing continued growth in all key data items, slowed from the previous year.
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