Gold, silver see big pullbacks after recent bigger gains; not surprising
(Kitco News) – Gold and silver futures prices are trading solidly lower in midday U.S. trading Wednesday, on normal downside corrections from recent strong gains that saw gold prices hit a 7.5-year high, at $1,788.80, on Tuesday.
Read moreGold, silver see big pullbacks after recent bigger gains; not surprising
(Kitco News) – Gold and silver futures prices are trading solidly lower in midday U.S. trading Wednesday, on normal downside corrections from recent strong gains that saw gold prices hit a 7.5-year high, at $1,788.80, on Tuesday.
Read moreThailand PM to the people after rush to sell gold: ‘Sell gradually’
(Kitco News) – Thailand is seeing a surge of people trying to sell their gold after the precious metal hit multi-year highs in local prices.
Read moreCommerzbank sees $1,800 gold prices as investors seek ‘last-resort lifeline’
(Kitco News) – Investors are turning to gold as a safe haven and “last-resort lifeline” amid the COVID-19 pandemic, which has led to massive fiscal stimulus and ultra-loose monetary policies around the world, said Commerzbank in a revised forecast Wednesday.
Commerzbank sees $1,800 gold prices as investors seek ‘last-resort lifeline’
(Kitco News) – Investors are turning to gold as a safe haven and “last-resort lifeline” amid the COVID-19 pandemic, which has led to massive fiscal stimulus and ultra-loose monetary policies around the world, said Commerzbank in a revised forecast Wednesday.
New York Fed reports historic drop in Empire State Manufacturing Survey
(Kitco News) – Economic data continues to pile up showing that the spreading COVID-19 pandemic is the worst health and economic disaster to hit the U.S.
Read moreNew York Fed reports historic drop in Empire State Manufacturing Survey
(Kitco News) – Economic data continues to pile up showing that the spreading COVID-19 pandemic is the worst health and economic disaster to hit the U.S.
Read moreNew gold reports 1Q production, withdraws 2020 guidance
(Kitco News) – New Gold Inc. (TSX, NYSE American: NGD) reported on first-quarter production Wednesday and withdrew its 2020 production guidance due to uncertainty about how operations will be affected in the future by the COVID-19 pandemic, officials s…
Read moreNew gold reports 1Q production, withdraws 2020 guidance
(Kitco News) – New Gold Inc. (TSX, NYSE American: NGD) reported on first-quarter production Wednesday and withdrew its 2020 production guidance due to uncertainty about how operations will be affected in the future by the COVID-19 pandemic, officials s…
Read moreNew gold reports 1Q production, withdraws 2020 guidance
(Kitco News) – New Gold Inc. (TSX, NYSE American: NGD) reported on first-quarter production Wednesday and withdrew its 2020 production guidance due to uncertainty about how operations will be affected in the future by the COVID-19 pandemic, officials s…
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