Bitcoin’s volatility could drop below that of gold, says Bloomberg Intelligence
(Kitco News) – If basic economic principles apply, bitcoin’s intense volatility could eventually drop below that of gold, said Bloomberg Intelligence (BI).
Read moreGold prices holding firm following rise in U.S. consumer confidence
(Kitco News) – Gold prices are holding relatively steady as U.S. consumers appear to be slightly more upbeat in the new year than economists were expecting.
Freeport-McMoRan Inc profits driven by 25% rise in realized gold price
(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX) reported strong earnings for the fourth quarter of 2020. It saw higher gold production and a 25% increase in its average realized gold price per ounce.
Bitcoin daily chart alert—Choppy, volatile price action continues
(Kitco News) – Bitcoin-U.S. dollar prices are solidly lower in early U.S. trading Tuesday. Trading has been very choppy and volatile. Bulls are working to stabilize the market after recent strong selling pressure.
Read moreAEX Gold appoints ex-Barrick Gold employee as their new Chief Financial Officer
(Kitco News) – AEX Gold (AEX:TSX) has announced that Jaco Crouse has been hired as its new Chief Financial Officer of AEX effective immediately, replacing George Fowlie who has stepped down as the CFO but remains on the Board as a Director.
Steady price action Tuesday, ahead of FOMC meeting
(Kitco News) – Gold and silver prices are trading near unchanged in early U.S. trading Tuesday. Price action has been choppy recently, amid little fresh fundamental news to drive prices.
Technical levels ahead of tomorrow’s FOMC update
(Kitco News) – Technical analysis for gold futures ahead of the FOMC rate decision and monetary policy update.
Read moreGold and silver stuggle leading into the EU open
(Kitco News) – Just ahead of the European cash open, gold (-0.25%) and silver (-0.42%) are once again lower. Gold is still largely rangebound as traders and investors look to the Fed for more information at their latest rate decision and monetary polic…
Read moreYamana Gold expects steady production growth through 2030
(Kitco News) – The company’s upside case is for annual production to trend above 1 million GEO by mid-decade, reaching 1.2 million GEO by approximately 2028.
Yamana Gold exceeds original 2020 production target, cuts debt by $323M
(Kitco News) – Production for the year at Jacobina, El Peñón, Canadian Malartic, and Minera Florida were all well above plan and.