Silver price unlikely to hit $50 in 2021 but analysts still see potential to outshine gold
(Kitco News) – Gold will play an important role as investors look for protection against ultra-loose monetary policy and fiscal stimulus measures in 2021, but some analysts expect that the new year will be silver’s time to shine.
Read moreSilver technicals still longer-term bullish
(Kitco News) – Market watchers who trade/hedge in futures need to pay close attention to the longer-term weekly and monthly continuation charts for nearby futures.
Read moreCobra Resources drill results seem to have disappointed some investors
(Kitco News) – Cobra Resources (COBR:LSE) have announced significant gold intercepts at the Baggy Green deposit. The Baggy Green JORC resource is currently estimated at 94,000 oz and occurs as two deposits. There are said to be a further six exploratio…
Read moreBHP restart mine after colossal disaster in 2015
(Kitco News) – BHP Group (BHP:LSE) say they have met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex in Espírito Santo, Brazil, and has commenced iron ore pellet production.
Steady price action in gold, silver ahead of holiday
(Kitco News) – Gold and silver futures prices are not straying too far from unchanged in subdued early U.S. trading on this Christmas Eve day. Look for a quiet trading session as many U.S. markets close early and traders are focused on the holiday seas…
Read moreBitcoin daily chart alert – Normal price pause in an uptrend – Dec. 24
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. The market is presently seeing a normal pause in the strong uptrend that remains firmly in place after last week hitting a record high.
Read moreGold and silver have moved higher heading into a quiet EU session
(Kitco News) – Gold (0.21%) and silver (0.87%) are once again positive heading into the EU open. As it is Christmas eve it would be fair to expect that markets could be very quiet but there is always a small probability that a market-moving event may o…
Read moreGold and silver have moved higher heading into a quiet EU session
(Kitco News) – Gold (0.21%) and silver (0.87%) are once again positive heading into the EU open. As it is Christmas eve it would be fair to expect that markets could be very quiet but there is always a small probability that a market-moving event may o…
Read moreU.S. dollar outlook 2021: ‘Significant weakness’ in store for greenback as global economy recovers – analysts
(Kitco News) – With the global economy recovering next year, the U.S. dollar will face more downward pressure as investors opt for riskier assets and the Federal Reserve keeps rates near zero, according to analysts.
Read moreTurquoise Hill weighs funding options for Oyu Tolgoi
(Kitco News) – Last month the partners entered arbitration due to financing issues.
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