‘Significant damage’ to hit this market, why investor is in 35% cash – Ted Oakley
(Kitco News) – The end of this current bull market cycle will be marked by “significant damage,” said Ted Oakley, founder and partner of Oxbow Advisors, who have currently allocated 35% of their investments into cash.
Read moreImperial Metals to raise C$60 million
(Kitco News) – Imperial Metals (TSX:III) announced Tuesday that it will conduct a rights offering to raise net proceeds of up to approximately C$60.2 million, through the issuance of rights to subscribe for an aggregate of 12,853,267 common shares of t…
Read moreGold market to accelerate: Price forecasts eye return to January levels on summer inflation story
(Kitco News) – The fear of inflation is back in the driver’s seat for the precious metals, which saw gold rise more than 5% and silver more than 8% in the last 30 days.
Read moreAustralia’s St Barbara says its gold mine in Canada on track to meet guidance
(Kitco News) – Australian gold miner St Barbara (ASX: SBM) today released the revised production and cost guidance update for the full financial year 2021 (FY21).
Read moreGold, silver prices pause after hitting 3.5-mo. highs early on
(Kitco News) – Gold and silver prices are near steady at midday on a normal pause after notching 3.5-month highs in earlier trading Tuesday. The metals are being supported by a slumping U.S. dollar index and recently rising crude oil prices.
Read moreGold price on its way to $2,000 as bitcoin stumbles – analysts
(Kitco News) – The gold market is seeing new momentum with prices back above $1,850 and the 200-day moving average. According to some analysts, the yellow metal could be receiving support as volatility hammers cryptocurrencies.
Read moreMining giant Rio Tinto reveals last rare diamonds from Argyle
(Kitco News) – Today, Rio Tinto has unveiled a preview of its final showcase of rare Argyle pink, red and blue diamonds from its iconic mine in the remote east Kimberley region of Western Australia.
Read moreGold prices holding steady as U.S. housing construction drops 9.5% in April
(Kitco News) – The gold market continues to see strong bullish momentum as construction in the U.S. housing market slowed in April.
Read morePrice gains for gold, silver, amid bullish outside market forces
(Kitco News) – Gold and silver prices are higher and hit 3.5-month highs in early morning U.S. trading Tuesday. The metals are boosted by a slumping U.S. dollar index and rising crude oil prices.
Read moreBitcoin daily chart alert – Bulls work to stabilize prices – May 18
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Tuesday as the bulls work to stop the bleeding after prices hit a 3.5-month low on Monday.
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