How to trade U.S. election night and what to expect from Fed, BoE this week
(Kitco News) – Markets are counting down the hours until the U.S. election on Tuesday, with the biggest risk posed by either delayed results or a contested election, according to TD Securities.
Read moreGold prices holding on to gains despite strong rise in U.S. ISM manufacturing sentiment
(Kitco News) – The gold market is holding on to gains but is seeing little reaction to significantly better-than-expected sentiment in the U.S. manufacturing sector, according to the latest data from the Institute for Supply Management (ISM).
Lupaka Gold is seeking compensation from the Peruvian government
(Kitco News) – Lupaka Gold has submitted a $100 million request for arbitration before the World Bank’s International Centre for Settlement of Investment Disputes. The claim is in relation to a lack of support from the Peruvian government in a social conflict that has halted all work at the Invicta mine over the past two years.
IAMGold Suspends Operations at Quebec Mine after earthquake reported
(Kitco News) – IAMGold, announced Monday that it has shut down operations at its Westwood underground mine in Southern Quebec after reports of seismic activity.
Read moreYamana Gold buying out Northern Quebec’s Monarch Gold in C$152 million deal
(Kitco News) – Mining activity in Northern Quebec continues to heat up, with Yamana Gold increasing its footprint in the Abitibi region after it announced it would buy Monarch Gold’s Wasamac property and the Camflo property and mill.
AngloGold Ashanti sees nearly fourfold increase in free cash flow in Q3
(Kitco News) – The superlatives continue to roll through the mining sector as more companies release their earnings report.
Read moreGold, silver see price advances ahead of U.S. elections
(Kitco News) – Gold and silver futures prices are moderately higher in early U.S. trading Monday, on some more safe-haven demand just one day before the U.S. elections and all of the uncertainty and anxiousness surrounding them.
Read moreBitcoin daily chart alert – Recent pause not bearish – Nov. 2
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early trading Monday, as the market is still seeing a normal downside correction and some chart consolidation, after hitting a 16-month high last week.
Read moreDecent manufacturing PMI readings in Asia and Europe, can the US follow suit?
(Kitco News) – There has been a spate of positive PMI readings leading into the US session this afternoon. Overnight the China Caixin Manufacturing Purchasing Managers Index for the month of October showed that the index is still in expansionary territ…
Read moreGold and copper analysis leading into the US open
(Kitco News) – Leading into the US open gold (4-hour chart) has been trading higher and currently sits at 0.53% in the black. There has been some resistance at the internal trendline but the next resistance at $1890 per ounce is the next key target on …
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