Gold prices up on safe-haven bids, bullish charts
(Kitco News) – Gold prices are moderately higher in early U.S. trading Tuesday as bulls are out of the gate in good fashion this week.
Read moreCommerzbank: ETF holdings still rising; ‘brisk demand’ for gold as safe haven
(Kitco News) – Holdings of gold by the world’s exchange-traded funds keeps rising, with concerns about further increases in COVID-19 cases around the world generating uncertainty and thus creating “brisk demand” for the precious metal as a safe haven.
Read moreBitcoin daily chart alert – Bulls gain some momentum – Jun. 23
(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Tuesday after posting good gains Monday. Bulls have regained some momentum early this week.
Read moreIndonesia expects delay to 2021 for $3.7 bln smelter investments
JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.
Read moreIndonesia expects delay to 2021 for $3.7 bln smelter investments
JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.
Read moreU.S. Bank: ‘central-bank policies should continue to support metals’
(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday
Read moreU.S. Bank: ‘central-bank policies should continue to support metals’
(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday
Read moreAustralian prospector finds 50 gram nugget
(Kitco News) – Current prices would put the find at about $2,257.
Read moreWhite House adviser Navarro says China trade deal is ‘over’
(Kitco News) – “It’s over,” Navarro told Fox News in an interview when asked about the trade agreement. He said the “turning point” came when the United States learned about the spreading coronavirus only after a Chinese delegation had left Washington following the signing of the Phase 1 deal on Jan. 15.
Separate ‘law from politics’, says Venezuela’s lawyer in spat over $1 billion worth of gold stored at the BoE
(Kitco News) – Venezuela’s central bank is suing the Bank of England (BoE) to get access to its London-stored gold that is worth more than $1 billion.
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