Gold, silver and Bitcoin are all softer leading into the EU open
(Kitco News) – The US dollar continued to strengthen overnight as the DXY traded 0.28% in the black. This put pressure on gold and leading into the European open the yellow metal traded 0.15% in the red.
Read moreGold miners go big, precious metals sink
(Kitco News) – The fall is being blamed on a rise in bond yields and worries about the economy, resulting in liquidation and a flight to cash.
Read moreCan gold price drop below $1,800 next week? Here is what’s behind the shocking selloff
(Kitco News) – Precious metals investors were taken for a ride Friday when gold and silver plunged 4% and nearly 10%, respectively.
Read moreWill gold, silver bullion see severe shortages again? LBMA’s Ruth Crowell
(Kitco News) – Will gold, silver bullion see severe shortages again? LBMA’s Ruth Crowell
Read moreGlobal gold production in Q2 2020 was lowest in seven years
(Kitco News) – Battered by the pandemic, global gold production fell by 12% in Q2 2020, to the lowest level since 2013. Carlin operation in the United States was the world’s largest gold mine by production.
Should investors panic with the silver price down over 10% Friday?
(Kitco News) – Comex silver futures prices got hammered to the tune of a more-than-10% decline on Friday, which did produce near-term technical damage, including soundly negating a price uptrend on the daily bar chart for March futures. Prices also clo…
Read moreGold price getting crushed, here’s why and where it’s headed next – Gareth Soloway
(Kitco News) – Investors are dumping lower yielding assets like gold to buy higher volatility securities like Tesla shares and bitcoin, said Gareth Soloway, chief market strategist at In The Money Stocks, but Soloway is not selling his gold yet.
Read moreOsisko Development closes CDN $68.6 million financing
(Kitco News) – Osisko Development (ODV: TSX-V) announced today the successful completion of its previously-announced non-brokered private placement of 9,346,464 units at a price of CDN$7.50 per unit for aggregate gross proceeds of approximately CDN$68….
Read moreGold price plummets $100 this week as economic outlook remains grim, bitcoin competes for safe-haven status
(Kitco News) – Gold tumbled around 4% on Friday as investors sold off the precious metal amid a rise in the U.S. Treasury yields market.
Read moreSierra Metals mulls over its future
(Kitco News) – Sierra Metals (TSX: SMT) announced today that its Board, supported by its management team and with the full support of its two largest shareholders, has commenced a process to explore and evaluate potential strategic alternatives focused…
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