Commodity valuations at 100-year low says fund manager up 60% year to date
(Kitco News) – The commodity cycle is currently at a 100-year low when compared to the S&P 500, according to Willem Middelkoop, founder of the Commodity Discovery Fund.
Vaccine news could weigh on gold prices amidst shifting interest rate expectations – ABN AMRO
(Kitco News) – The gold market will remain sensitive to further vaccine news, but that doesn’t mean the rally is over just yet, according to one Dutch bank.
Gold price ignores stronger rise in U.S. housing construction data
(Kitco News) – The gold market remains under pressure, but is seeing little reaction to better than expected U.S housing construction data.
Gold price ignores stronger rise in U.S. housing construction data
(Kitco News) – The gold market remains under pressure, but is seeing little reaction to better than expected U.S housing construction data.
Europa Metals show positive results at Toral lead-zinc-silver mine project
(Kitco News) – The company sees a 12-year life at around 700,000 tonnes per annum. This means the study pitched the project’s net value (NPV) at US$156mln and sees an internal rate of return (IRR) of 31.3%.
IronRidge Resources have extended Dorothe, Echbara and Am Ouchar gold licenses
(Kitco News) – Aim listed IronRidge Resources Limited (IRR:LSE) announced that it has been granted four-year license renewals with corresponding area reductions by the Ministry of Petroleum and Mines for the Dorothe, Echbara and Am Ouchar licenses.
Read moreBitcoin daily chart alert – Price powers to 3-year high – Nov. 18
(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher and soared to a nearly three-year high in early U.S. trading Wednesday. Bulls are in strong technical control as prices are in a solid uptrend on the daily chart.
Read morePrice pressure on gold, silver as equities gain
(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Wednesday, as global equity markets were mostly up, despite the pandemic that continues to rage in the U.S. and much of Europe.
Read moreEU open: Despite a weaker dollar gold and silver struggle to shine
(Kitco News) – Gold and silver both trade 0.09% higher overnight leading into the European open in a pretty lacklustre Asian session. The risk sentiment was mixed after a weak handover from Wall Street. The Nikkei 225 fell 1.10% while the ASX (0.51%) a…
Read morePlatinum market to see more than 1 million ounce deficit in 2020 – World Platinum Council
(Kitco News) – It could only be a matter of time before platinum prices start to rise as the precious metal is expecting to see a massive supply deficit this year continuing into 2021, according to the latest research from the World Platinum Investment Council (WPIC).