U.S. labor market continues to improve as weekly jobless claims drop more than expected
(Kitco News) – The U.S. labor market continues to see improvement as fewer workers applied for unemployment insurance last week.
ECB will wait until December to take action
(Kitco News) – ECB have had to consider some tough decisions as Germany and France move into lockdown. As expected all three rates were not changed. Prior to the meeting, it was expected that the ECB will ease further in December and will hold off toda…
Read moreGold price down as U.S. GDP expanded 33% in Q3
(Kitco News) – Gold prices remain under pressure as the U.S. economy saw a sharper than expected recovery in the third quarter, according to preliminary data.
Where is gold headed next week? Vote now!
(Kitco News) – (Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreGold, silver see some price pressure ahead of key U.S. data
(Kitco News) – Gold and silver futures prices are weaker in early U.S. trading Thursday. The precious metals have been hit by a stronger U.S. dollar index this week.
Read moreNewmont reports best quarter in its history on rising gold price
(Kitco News) – The world’s largest gold miner said that it saw record profits in the third quarter according to its earnings report released Thursday morning.
Bitcoin daily chart alert – Normal chart consolidation late this week – Oct. 28
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early trading Thursday, as the market is seeing a normal downside correction and some chart consolidation, after hitting a 16-month high on Wednesday.
Read moreUK Update: KAZ, Vast Resources, Yamana, Greatland Gold, Redrock Resources and EVRAZ
(Kitco News) – A round up of the latest news from the UK listed miners including KAZ, Vast Resources, Yamana, Greatland Gold, Redrock Resources and EZRAZ
Read moreSmall relief in gold prices overnight after yesterdays capitulation
(Kitco News) – Gold has paused for breath in Asian market hours following the move lower in yesterdays session. The precious metal trades 0.29% higher leading into the EU open but silver is lagging behind trading 0.13% in the red.
Read moreInvestors still see value in gold as physical demand drops 19% in Q3 – World Gold Council
(Kitco News) – Investment demand continues to dominate the gold market as the World Gold Council (WGC) reports a second consecutive quarterly drop in physical demand.