Bitcoin daily chart alert – Bulls fading a bit at mid-week – Aug. 26
(Kitco News) – Bitcoin-U.S. dollar prices are near steady Wednesday after seeing solid losses Tuesday. Bulls are fading a bit but still have the overall near-term technical advantage.
Read moreExpect few new projects to be commissioned in the short- to medium-term: Master Drilling
(Kitco News) – JSE-listed Master Drilling (JSE:MDI) said Tuesday its H1 showed a revenue decrease of 17.9%, from $70.0 million to USD57.4 million due to COVID-19 disruptions.
Read moreAfter releasing Ambler feasibility study, Trilogy Metals appoints project CEO
(Kitco News) – Alaska development company Trilolgy Metals (TSX/NYSE American:TMQ) and South32 appointed Ramzi Fawaz as President and Chief Executive Officer of Ambler Metals effective 1 September 2020.
Read moreGold price bull run points to ‘lack of trust in the world’s monetary system’ – Wells Fargo
(Kitco News) – This year’s historic bull rally in gold points to a much bigger problem – “a growing lack of trust in the world’s monetary system,” according to a report by Wells Fargo.
Investors looking for value in precious metals markets should watch platinum – WPIC
(Kitco News) – The gold market is struggling to find new buying momentum after it was unable to hold the critical psychological support around $2,000 an ounce, and one market analysts says that now is a good time for investors to look down the value ch…
Read moreRallying stock market keeps gold price under pressure: Commerzbank
(Kitco News) – Risk-on sentiment is adding fuel to the stock market rally, putting downward pressure on gold, according to Commerzbank.
Read morePIMCO sees further potential for gold price as real bond yields remain under pressure
(Kitco News) – One of the world’s biggest fixed income investment firms sees potential for gold prices to push higher as real interest rates remain in low to negative territory.
Read moreGold, silver slip on profit taking, weak long liquidation
(Kitco News) – Gold and silver futures markets are lower in midday U.S. trading Tuesday. Profit taking and selling from weak-handed long positions in the futures markets are featured today, amid upbeat trader and investor attitudes.
Read moreGold, silver slip on profit taking, weak long liquidation
(Kitco News) – Gold and silver futures markets are lower in midday U.S. trading Tuesday. Profit taking and selling from weak-handed long positions in the futures markets are featured today, amid upbeat trader and investor attitudes.
Read moreCurrent gold price weakness is a buying opportunity before Fed’s Powell speech on Thursday: TD Securities
(Kitco News) – Gold is consolidating ahead of the Federal Reserve Chair Jerome Powell’s keynote address at the virtual Jackson Hole Symposium on Thursday, says TD Securities.
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