Silver price slumps to 7-week low and now trending down
(Kitco News) – Silver prices are sharply lower and hit a seven-week low in morning dealings Wednesday. A surging U.S. dollar index that hit a seven-week high today is helping to pressure the precious metals markets.
Read moreGold price sinks to 2-mo. low as near-term price uptrend dies
(Kitco News) – Gold prices are sharply lower and hit a two-month low in morning dealings Wednesday. A surging U.S. dollar index that hit a seven-week high today, is helping to pressure the precious metals markets.
Read moreSilver price down 13% this week but that is what silver does – analysts
(Kitco News) – As a as a storm of selling pressure has hit gold, a hurricane has collided with silver as prices are down 13% so far this week. The precious metal is seeing its worst week since its selloff in 2011.
Read moreGold prices fall to session lows, following improved flash manufacturing sentiment
(Kitco News) – Gold prices remain under pressure as flash estimates points to further recovery in the manufacturing sector and stability in the service sector.
Gold sees more price pressure; near-term uptrend in jeopardy
(Kitco News) – Gold and silver prices are lower in the early U.S. trading Wednesday. Gold hit a six-week low and silver fell to a seven-week low.
Read moreBitcoin daily chart alert – Bulls stop the bleeding at mid-week – Sep. 23
(Kitco News) – Bitcoin-U.S. dollar prices are again near steady early Wednesday, as traders have stabilized prices at mid-week, after Monday’s big downside price move. Bitcoin bulls need to show more power soon, to keep their overall near-term technical advantage.
Elon Musk sees ‘big target’ in mining costs
(Kitco News) – “It’s insanely complicated,” said Musk. “These things just grow up as legacy. We looked at the entire value chain and asked how can we make this as simple as possible.”
Read moreCornerstone Capital Resources looks ahead to a fall trigger event
(Kitco News) – Cornerstone Capital Resources looks ahead to a fall trigger event
Read moreCopper’s coming ‘supply and demand divergence’ speeds equipment orders at Kamoa
(Kitco News) – Co-chaired by Robert Friedland and Yufeng “Miles” Sun, the Kamoa-Kakula Copper joint venture said that the earlier than planned placement of the orders for the concentrator’s long-lead equipment is expected to accelerat…
Read moreWorld copper mine production declined by 1% in the first half of 2020 – International Copper Study Group
(Kitco News) – The group noted that mine production also declined in Australia, Canada, Mexico, Mongolia, and the United States.
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