Agnico Eagle invests C$6.2 million in Maple Gold to explore Quebec project
(Kitco News) – Agnico Eagle Mines Ltd. continues to see potential in Quebec’s prolific Northern mining belt as it invests C$6.2 million in a junior mining company.
Read moreTrump or Biden? Both to ‘provide substantial tailwinds for the long gold trade’ – TD Securities
(Kitco News) – According to TD Securities, whether U.S. President Donald Trump or Democratic candidate Joe Biden wins the election, gold will be all set to rise higher.
Read moreHow the major miner stocks are performing on the charts
(Kitco News) – See below my daily analytical charts for 10 major mining stocks and how they are doing from an important technical chart perspective.
Read moreGold price holding on to $1,900 as U.S. weekly jobless claims rise more than expected
(Kitco News) – The gold market is holding on to support above $1,900 an ounce but sees little reaction as more workers than expected file for unemployment benefits.
Barrick’s CEO calls for more cooperation in the African mining sector
(Kitco News) – Barrick’s CEO Mark Bristow has called for more consolidation in the African gold market. The average mine life across the gold mining sector has fallen from 20 years to closer to 10 years.
Read moreGold, silver see price gains amid rising equity markets
(Kitco News) – Gold and silver futures prices are higher in early U.S. trading Thursday.
Read moreBitcoin daily chart alert – Market is pausing for next bigger move – Oct.8
(Kitco News) – Bitcoin-U.S. dollar prices are slightly down early Thursday. Bulls still have the slight near-term technical advantage, but need to show fresh power soon to keep it, as the market has paused and trading has been sideways and choppy.
Read moreGold and silver edge higher leading into the US open
(Kitco News) – Price action in gold and silver has been subdued leading into the US open. Gold trades 0.26% higher but seems to be stuck in a narrow range between $1900 and $1972 per ounce.
Read moreAre Central Banks ofloading their gold stocks?
(Kitco News) – After a move to a new record high in gold in 2020, it seems that some central banks may be cashing in and trying to offload some stock at elevated levels.
Read moreGold pushes higher in Asia leading into the EU open
(Kitco News) – Heading into the European market open, gold is 0.35% higher and edged closer to the $1900 per ounce level. It was a bullish session for the yellow metal on Wednesday where the price erased some of the losses seen on Tuesday evening following US President Trump’s announcement to cancel fiscal stimulus negotiations.