Cambodia gold miner expects first pour in Q2 2021
(Kitco News) – Despite COVID-19 restrictions, Emerald said its camp-based staff have progressed
development activities and the company maintains its Q2 2021 guidance for
plant commissioning and first gold production from the Okvau Gold Project.
The world needs a new kind of currency, says Shanghai Gold Exchange president
(Kitco News) – Currency debasement fears are growing around the globe as major central banks turned on their spending taps to fight against the economic fallout of the COVID-19 outbreak.
Read moreGold trades both sides of unchanged in choppy action Tuesday
(Kitco News) – Gold prices are trading modestly down in midday U.S. trading Tuesday, but it’s been an up-and-down, choppy session.
Read moreGold trades both sides of unchanged in choppy action Tuesday
(Kitco News) – Gold prices are trading modestly down in midday U.S. trading Tuesday, but it’s been an up-and-down, choppy session.
Read moreU.S. dollar is ‘the only fly in the ointment’ for gold as prices overreach – Mitsubishi
(Kitco News) – Profit takers are threatening further upside in gold as selling pressure mounts after the yellow metal overreached above $1,750 an ounce last week, Mitsubishi said.
Read moreSteve Forbes: ‘government stupidity’ may bring new gold price highs, but gold still ‘just a piece of metal’
(Kitco News) – Regardless of how bad the economic fallout from COVID-19 and subsequent government response will be, one thing is clear: gold will retain its status as a hedge asset and is a must-own in every investor’s portfolio, according to Steve Forbes, chairman and editor-in-chief of Forbes Media.
CPM Group: pandemic to dent silver supply and demand in 2020
(Kitco News) – The global coronavirus pandemic will hurt both silver supply and fabrication demand in 2020, but the ultimate impact on the market could be offsetting, said CPM Group in its Silver Yearbook 2020 released Tuesday.
Read moreHas the gold seen its highs for the year? World Bank see prices averaging $1,600
(Kitco News) – Gold’s spectacular run so far this year could be running out of steam as the World Bank sees gold prices only averaging the year at $1,600 an ounce.
Gold prices trying to hold on to $1,700 following sharp drop in U.S. Consumer Confidence
(Kitco News) – The gold market is under renewed selling pressure as weak economic data – disappointing consumer sentiment numbers — is unable to attract safe-haven flows.
Caterpillar 1Q sales, profit decline from year ago
(Kitco News) – Caterpillar Inc. (NYSE: CAT) reported an annual decline in first-quarter earnings Tuesday with sales across all of its main business segments – including resources – weaker than a year ago.