Expect ‘renewed and lasting upswing’ in gold price in next few weeks: Commerzbank
(Kitco News) – Gold is failing to move past the $1,900 an ounce level on a sustainable basis as strength in the U.S. dollar continues to weigh on the precious metal.
Read moreGold buyers remain on sidelines amid ‘some rush to cash’: RBC Wealth Management
(Kitco News) – Investors are still sitting on the sidelines as the number of coronavirus cases continues to grow, triggering fears of another round of lockdowns, according to RBC Wealth Management managing director George Gero.
Read moreArgonaut Gold to build Magino Mine in Ontario
(Kitco News) – Argonaut Gold announced Thursday that is it moving forward with the development of its Magino project in northern Ontario, Canada.
Read moreGold price hovering around $1,900 following mixed Philly Fed, New York Fed manufacturing data
(Kitco News) – The U.S. economy continues to feels the effects of the ongoing crisis created by the COVID-19 with regional manufacturing data showing mixed results in October, according to report from two regional U.S. central banks.
Gold prices remain under $1,900 see little reaction to sharp rise in U.S. weekly jobless claims
(Kitco News) – The gold market continues to see some selling pressure with prices below $1,900 an ounce even as significantly more Americans than expected applied for unemployment benefits last week.
Barrick Gold produced 1.16 million ounces in Q3, down nearly 11% from 2019
(Kitco News) – The world’s second-largest gold miner said that it saw solid production gold production in the third quarter, despite a nearly 11% drop compared to last year.
Read morePrice pressure on gold, silver as USDX gains
(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Thursday, once again being pushed down by a higher U.S. dollar index on this day.
Read moreBitcoin daily chart alert – Bullish chart patten forms – Oct. 15
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday. Prices late this week are seeing a normal pause in an uptrend, following recent good gains that Monday pushed prices to a five-week high.
Read moreGold and silver are looking soft into the US session
(Kitco News) – Gold has had a tough start to the session as further restrictions are being enacted all over Europe. The gold price has now moved lower to print below the trendline support and now the support level at $1881 per ounce looks to be the nex…
Read moreThe gold price is subdued ahead of the European market open
(Kitco News) – Precious metals are slightly subdued this morning gold (-0.10) is very close to where it started in the Asian session and traded a touch under the $1900 level. Silver is slightly worse off dropping 0.37% but still looks sideways with the…
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