Gold ends day with modest gains, but up $373 on year
(Kitco News) – Gold prices ended a quiet last trading session of the year with just modest gains, but for the whole of 2020 the yellow metal appreciated by around $373, basis nearby Comex futures.
Read moreIAMGOLD and AngloGold sold their interests in Sadiola mine
(Kitco News) – IAMGOLD (TSX: IMG) (NYSE: IAG) announced yesterday that the company, together with the joint venture partner AngloGold Ashanti, have completed the previously announced sale of their collective interests in Sadiola gold mine, located in …
Read moreMcEwen Mining delivers positive feasibility study for Fenix
(Kitco News) – McEwen Mining (NYSE: MUX) (TSX: MUX) announced today the highlights of a positive feasibility study for its 100%-owned Fenix project, which is located in the State of Sinaloa, Mexico.
Read moreSolaris closes $80.6 million financing led by Lundin family
(Kitco News) – Solaris Resources (TSXV: SLS) today announced the closing of its previously announced non-brokered private placement of 15.5 million units at a price of C$5.20 per unit for total gross proceeds of C$80.6 million.
Read moreCentral bank domination over financial markets to continue through 2021
(Kitco News) – In the last few weeks, investors have heard many analogies to describe financial markets in 2020. The best one is probably from Wells Fargo, whose economists said that this past year financial markets got drunk on central bank liquidity …
Read morePlatinum and palladium to run higher as industrial demand picks up in 2021
(Kitco News) – Although gold attracted a lot of attention in 2020, especially after hitting an all-time high in August, investors should have been paying attention to platinum group metals (PGMs), according to some analysts.
Read moreGold prices testing resistance at $1,900 as U.S. weekly jobless claims drop below 800K
(Kitco News) – Gold prices are testing resistance around $1,900 in the final trading day of 2020 even as fewer-than-expected Americans applied for first-time unemployment benefits.
Bitcoin daily chart alert – New record high to end 2020 – Dec. 31
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday but did hit another record high overnight.
Read moreGold, silver see modest price gains to end a bullish year
(Kitco News) – Gold and silver futures prices are trading modestly up in early U.S. action Thursday. The metals are being supported by a slumping U.S. dollar on the foreign exchange market that saw the U.S. dollar index hit a 2.5-year low overnight.
Read moreThe gold price is stable at the open of the European markets
(Kitco News) – After a solid session on Wednesday gold (0.01%) is heading into the EU session flat. Silver is trading 0.30% lower at $26.51 per ounce but not too far away from the weekly high. Overnight the risk sentiment in the Asia-Pac area was once …
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