What do massive losses in oil mean for the gold price?
(Kitco News) – Oil is seeing some shocking losses as the new trading week begins, but what does it mean for gold prices going forward?
Read moreLong-term investors are the ones boosting gold, not futures traders – analysts
(Kitco News) – Longer-term investment buying such as exchange-traded funds has been the main fuel pushing gold prices higher in recent weeks, with Commodity Futures Trading Commission (CFTC) data showing the net-bullish posture of money managers in the…
Read moreGold prices recover overnight losses as crude oil craters
(Kitco News) – Gold and silver futures prices are trading modestly up in early U.S. trading Monday. The feature in overnight trading was a very sharp drop of around 40% in crude oil futures prices.
Read moreGold prices recover overnight losses as crude oil craters
(Kitco News) – Gold and silver futures prices are trading modestly up in early U.S. trading Monday. The feature in overnight trading was a very sharp drop of around 40% in crude oil futures prices.
Read moreBitcoin daily chart alert – Bulls in control, bigger move coming – Apr. 20
(Kitco News) – Bitcoin-U.S. dollar prices are trading near steady in early U.S. trading Monday. The recent sideways and choppy trading action is not bearish.
Read moreBitcoin daily chart alert – Bulls in control, bigger move coming – Apr. 20
(Kitco News) – Bitcoin-U.S. dollar prices are trading near steady in early U.S. trading Monday. The recent sideways and choppy trading action is not bearish.
Read moreFXTM: ‘disconnect’ between economy, stocks; long-term key to be virus trajectory
(Kitco News) – Stocks are far outperforming the economy for now, but the future may hinge on whether there is another wave of COVID-19 infections as economies reopen, said Hussein Sayed, chief market strategist with FXTM.
Read moreRussians withdraw record amount of rubles as COVID-19 worries mount: report
(Kitco News) – Today Russian premier Vladimir Putin said the coronavirus in Russia is ‘completely under control’ during a televised address.
Vale’s iron ore production off 18% in Q1; worse may lie ahead
(Kitco News) – Despite disruptions, base metals didn’t take too great a hit. Compared to the same quarter a year ago, nickel production was down 2.9% while copper and cobalt production was about the same. But going forward, base metal production will d…
Read moreLower oil prices to decimate EV sales
(Kitco News) – The consultancy writes that the coronavirus outbreak, potential delays to fleet purchasing due to lower oil price and a wait-and-see approach to buying new models have all contributed to this decrease in projected sales.
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