Why gold price will rally to new record highs in a new normal – analysts
(Kitco News) – Next year will lay out a path for a new normal as COVID-19 vaccines are distributed and the economic recovery gets underway.
Read moreSentiment in gold market turns extremely bullish as prices push to $1,900 by year-end
(Kitco News) – The last full trading week is wrapping up, and the gold market appears to be ending 2020 on a strong note as prices test resistance just below $1,900 an ounce.
Read moreEndeavour Silver sells El Cubo to VanGold for US$15 million
(Kitco News) – Endeavour Silver announced today that it has signed a binding letter agreement to sell its El Cubo mine and related assets to VanGold Mining for US$15 million in cash and share payments plus additional US$3.0 million in contingent payments.
Read moreGold investors need the important price perspective provided by a longer-term chart
(Kitco News) – Metals market watchers who trade/hedge in futures need to pay close attention to the longer-term weekly and monthly continuation charts for nearby futures. History shows that strong-trending markets tend to see their prices gravitate to…
Read moreAlamos Gold to buy Trillium for $25 million
(Kitco News) – After a relatively quiet year due to the COVID-19 pandemic, mergers and acquisition activities are heating up, heading into year-end. Alamos Gold Inc. is the latest company to jump into the market.
Read morePrice pauses for gold, silver, following recent good gains
(Kitco News) – Gold and silver futures prices are near unchanged in early U.S. trading Friday. Gold prices Thursday scored a four-week high and silver a five-week high, and now the bulls are taking a rest after a good week.
Read moreBitcoin daily chart alert – Bulls in solid control, but… – Dec. 18
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Friday and not far below this week’s record high. Importantly, prices have this week gone what is termed parabolic in trading parlance-meaning almost straight up.
Read moreRio Tinto outline the plan for the worlds 4th largest copper mine
(Kitco News) – Rio Tinto have now sent another update saying they expect to commence underground production at the Oyu Tolgoi copper-gold project in Mongolia by October 2022. Oyu Tolgoi will be mined in panel sections, including Panel 0, Panel 1 and Pa…
Read moreYamana Gold lowers risk at the Mara project
(Kitco News) – Yamana Gold (AUY:LSE, AUY:NYSE & YRI:TSX) have announced the completion of the integration of the Agua Rica project with the Minera Alumbrera plant and infrastructure. Moving forward, the integrated project will be known as the MARA Project.
Risk sentiment looks mixed heading into the EU open
(Kitco News) – Gold is marginally lower and silver is trading 1% in the red leading into the EU open. Risk sentiment in the Asia-Pac area was poor as the Nikkei 225 (-0.16%), ASX (-1.20%) and the Shanghai Composite (-0.29%) all closed lower
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