Gold, silver prices rally in tandem with global equities
(Kitco News) – Gold and silver prices are up in early U.S. trading Monday, with silver sharply higher and hitting an 11-week high. Gold futures hit a five-week high overnight, while the spot gold market saw prices reach a seven-year high.
Read moreAmended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp
(Kitco News) – Amended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp
Read moreBannockburn: ‘next big target is $1,800’ for gold prices
(Kitco News) – Bannockburn Global Forex said the next big upside target for gold is $1,800 an ounce. “A four-day rally lifted the yellow metal above $1,750 ahead of the weekend, its best level since late 2012,” analysts said in a research note.
BMO: price of gold, ETF holdings both rising
(Kitco News) – Both the price of gold and amount of metal held by global exchange-traded funds keep rising, said BMO Capital Markets. As of 7:53 a.m. EDT, spot metal was up $18.90 to $1,761.10 an ounce.
Read moreBBH: markets to focus on Powell, Fed minutes, jobless claims this week
(Kitco News) – Key events that financial markets will be focusing on this week include minutes of the late-April meeting of the Federal Open Market Committee, a heavy slate of Fed speakers and another expected large rise in U.S. initial jobless claims
Read moreBitcoin daily chart alert – Bulls in keeping chart advantage – May 18
(Kitco News) – Bitcoin-U.S. dollar prices are steady to higher Monday. A price uptrend is still firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest sideways to higher price action in the near te…
Read moreCentamin maintains guidance but defers some capital expenditures
(Kitco News) – Centamin Plc (TSX: CEE; LSE: CEY) said Monday that operations have not been interrupted by the COVID-19 pandemic so far and the company is maintaining its guidance for the full year, although it deferred some capital expenditures.
Read moreSupply crunch pushing silver price to 3-month high
(Kitco News) – All eyes are on silver as prices are starting the week with some robust follow-through buying after Friday’s breakout session.
Read moreSupply crunch pushing silver price to 3-month high
(Kitco News) – All eyes are on silver as prices are starting the week with some robust follow-through buying after Friday’s breakout session.
Read morePlatinum market relatively balanced as COVID-19 impacts supply and demand – World Platinum Investment Council
(Kitco News) – The COVID-19 pandemic has sent the global economy into a tailspin, and like many other commodities, the platinum market as seen significant damage, but according to the World Platinum Investment Council (WPIC), the market could be in a l…
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