Gold price near steady as bulls remain confident
(Kitco News) – Gold and silver prices are trading not far from unchanged levels in early morning U.S. trading Tuesday. Some routine profit taking from the shorter-term futures traders and normal chart consolidation are seen early this week.
Read moreBitcoin daily chart alert – Bulls working to stabilize prices – May 25
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Tuesday. Bulls continue to work on stabilizing prices after last week’s strong selling pressure that pushed prices to a four-month low.
The silver price is holding at an important intraday support
(Kitco News) – Rajan Dhall MSTA has a look at the important levels in the silver futures price chart leading into the U.S. open.
Read moreGerman IFO data shows the economy is picking up pace
(Kitco News) -Arguably the more important reading at the moment is the expectations number as the nation is still coming out of lockdown. The reading came in at 102.9 vs expectations of 101.4 for the month of May. The Ifo business climate index hit 99….
Read moreGold and silver trade marginally lower leading into the European open
(Kitco News) – Gold (-0.17%) and silver (-0.80%) are both trading marginally lower leading into the European session. The yellow metal trades at $1877/oz while silver has moved to $27.56/oz. In the rest of the commodities complex, both copper (0.30%) a…
Read moreFirefinch discovers new satellite deposit near Morila gold mine in Mali
(Kitco News) – The new satellite deposit is within trucking distance of the Morila gold mine in Mali.
Read moreRay Dalio: ‘I have some bitcoin, I’d rather have bitcoin than a bond’
(Kitco News) – Ray Dalio, founder of Bridgewater Associates, said he prefers to own bitcoin over bonds as he revealed that he now has some bitcoin.
Read moreHedge funds not afraid of taper talk, increasing bullish bets on gold – CFTC
(Kitco News) – Hedge funds looking for a low-volatile inflation hedge once again turned to the gold market as speculative bullish bets drove prices through critical resistance levels, according the latest data from the Commodities Futures Trading Commi…
Read moreBluejay and Rio Tinto start drilling in Finland
(Kitco News) – The 3,000 metre drilling programme targeting mineralisation in the Tevanjoki and Laukunsuo areas within Enonkoski will be followed by a period of analysis to be carried out by the JV partners.
Read moreBluejay and Rio Tinto start drilling in Finland
(Kitco News) – The 3,000 metre drilling programme targeting mineralisation in the Tevanjoki and Laukunsuo areas within Enonkoski will be followed by a period of analysis to be carried out by the JV partners.
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