Steep price losses for gold, silver as greenback gains
(Kitco News) – Gold and silver futures prices are solidly lower in early U.S. trading Wednesday. The precious metals are again being pressured by a stronger U.S. dollar index on this day.
Read moreBitcoin daily chart alert – Normal downside correction at mid-week – Oct. 28
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early trading Wednesday, on a normal downside correction, after hitting another 16-month high early on.
Read moreUK listed Kaz Minerals to be acquired by Nova Resources for £3bln
(Kitco News) – The Kaz Minerals share price jumped over 10% this morning after it has been reported that Nova Resources is set to buy Kaz Minerals in £3 billion deal.
The risk sentiment looks fragile leading into the EU open
(Kitco News) – The risk tone overnight was precarious once again. The Nikkei 225 (-0.29%) moved lower, while the ASX (0.11%) and Shanghai Composite (0.46%) moved higher.
Read moreInflation is coming, preserve your wealth with gold – Degussa chief economist
(Kitco News) – Consumer prices may be showing muted inflation pressures as the world continues to feels the effects of the COVID-19 pandemic but a major inflation threat is looming on the horizon according to one chief economist.
Gold sector faces ‘existential issue’, incoming M&A wave says ex-Goldcorp CEO
(Kitco News) – Gold sector faces ‘existential issue’, incoming M&A wave says ex-Goldcorp CEO
Gold investment demand continues to drive markets as physical demand continues to fall – Refinitiv
(Kitco News) – Investment demand, in an environment of low interest rates and unending uncertainty and turmoil, remains the singular driving force in the gold market, according to analysts at Refinitiv.
Read moreIt’s election homestretch for Trump and Biden, but which asset is the post-election winner?
(Kitco News) – With just days to go until the U.S. election, which asset class will be the winner once the results start to come in?
Read moreWorld Bank sees stable gold price, 14% drop in silver in 2021
(Kitco News) – The World Bank is not expecting to see major gold price moves in 2021 as the market has seen extraordinary gains this year, according to its latest commodity report.
Read moreChinese gold demand rebounds in Q3
(Kitco News) – Gold demand in China sees a recovery in Q3, surging 29% in comparison to Q2 data, according to the China Gold Association.
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