More gold-sector M&A expected; no-premium deals gain in popularity
(Kitco News) – Mergers are likely to continue in the gold-mining industry, although there is a trend toward no-premium acquisitions, fund managers and analysts said.
Read moreTDS: gold makes another attempt at $1,800; third time a charm?
(Kitco News) – TD Securities says gold can top $1,800 an ounce in the current macroeconomic environment.
Read moreAll eyes on $1,800 but Bank of America also watching $2,000 for Q3
(Kitco News) – The gold market appears to be on the cusp of breaking a major resistance point and is price action is in line with Bank of America’s call for the precious metal to hit all-time highs by the third quarter of 2020, the bank said in a research note.
BMO: Chinese auto sector to boost platinum demand
(Kitco News) – The Chinese auto sector looks as though it will boost platinum demand through 2021, said BMO Capital Markets. Chinese auto output rose sharply in June, climbing some 50% year-on-year through the first 20 days of the month
Read moreMetals Focus: gold prices to challenge all-time highs by year-end
(Kitco News) – Gold prices are likely to challenge all-time highs before the end of 2020 on investment buying in the wake of massive global economic stimulus and monetary accommodation in response to the COVID-19 pandemic, said Metals Focus in its Gold…
Read moreGold is an important tool for a resilient portfolio – BlackRock
(Kitco News) – Gold will be an important tool in an investment portfolio as uncertainty continues to dominate financial markets that continue to feel the effects of the COVID-19 pandemic, according to the world’s biggest asset management firm.
What trend-line analysis suggests gold prices will be on Jan. 1 – brace yourself
(Kitco News) – I don’t like to beat around the bush and I’ll bet you don’t either. So, let’s make this quick. Nearby Comex gold futures hit a 7.5-year high of $1,783.10 Wednesday.
Read moreGold futures nearing psychological $1,800-an-ounce level
(Kitco News) – Gold prices have hit their highest level in more than seven years as the growing number of COVID-19 cases means increased worries about the economy, with some market participants moving into gold as a hedge in case equities tumble again,…
Read moreGold prices power to 7.5-year high, more upside likely
(Kitco News) – Gold prices are modestly higher in early U.S. trading Wednesday after pushing to a 7.5-year high of $1,796.10 overnight, before backing off a bit.
Read moreBitcoin daily chart alert – Choppy price action at mid-week – Jun. 24
(Kitco News) – Bitcoin-U.S. dollar prices are lower early Wednesday on a corrective pullback from early-week gains. Trading has turned choppy. The bulls still have the overall near-term technical advantage.
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