Russia’s gold production surges 9%, silver production plunges 11% in 2019
(Kitco News) – New statistics out of Russia show that gold production surged by 9.26%, and silver production dropped by 11.1% on an annual basis in 2019, according to the country’s Ministry of Finance.
Read moreNew York has a glut of gold as banks don’t want the stuff – analyst
(Kitco News) – In a month, the gold market went from facing a supply crunch to now facing a massive glut. According to some analysts, both scenarios continue to highlight ongoing issues with the precious metals supply chain that could cloud price forec…
Read moreNew York has a glut of gold as banks don’t want the stuff – analyst
(Kitco News) – In a month, the gold market went from facing a supply crunch to now facing a massive glut. According to some analysts, both scenarios continue to highlight ongoing issues with the precious metals supply chain that could cloud price forec…
Read moreGold, silver up on safe-haven bids amid China storm clouds
(Kitco News) – Gold and silver prices are moderately higher in midday U.S. trading Thursday, as safe-haven demand returned to the metals after a brief absence.
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreWhen to take profits in gold? Depression, hysteria exaggerated says VanEck CEO
(Kitco News) – As businesses reopen and the economy heads for a recovery, several worst-case scenarios have already been taken off the table, among which is a major economic depression, which would be worse than our current recession, according to Jan …
Read moreCredit Suisse: P/NAV suggests room for more upside in gold-mining stocks
(Kitco News) – Credit Suisse sees more room for upside in gold-mining stocks based on the ratio of stock prices to net asset value (P/NAV), as well as an expectation that gold prices will rise some more.
Read moreGold prices lose some altitude as U.S. pending home sales plunge in April
(Kitco News) – Gold prices lost some early-morning gains as U.S. pending home sales surprise on the downside, dropping 21.8% in April.
Read moreYamana Gold completes sale of royalty portfolio for $65 million
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) has completed the previously announced sale its royalty portfolio to Nomad Royalty Co. Ltd. (formerly Guerrero Ventures Inc.) for $65 million, the company announced late Wednesday.
Read moreGold maintains gains after U.S. durable-goods orders fall 17.2% in April
(Kitco News) – Gold prices held onto early gains gains after a Commerce Department report Thursday showed that U.S. durable-goods orders fell by 17.2% during April. Spot gold was last up $12.50 to $1,722.20 an ounce.
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