Nevada Copper suspends operations
(Kitco News) – Responding to COVID-19 containment measures, Nevada Copper (TSX:NCU) said Monday it is suspending copper production at its Pumpkin Hollow project located in Nevada.
Read moreGold, silver soar as safe-haven buyers gain more confidence
(Kitco News) – Gold and silver prices are trading sharply up in midday U.S. trading Monday, as the global marketplace has seen in significant uptick in sentiment to start the trading week, on reports the coronavirus outbreak may be de-escalating.
Read moreAnalysts eyeing $1,700 gold as investors reload, prepare for next wave
(Kitco News) – A lull in the financial market crisis, brought on by the COVID-19 pandemic, is prompting investors to jump back into gold and reclaim the safe-haven asset and prepare for any potential second wave, according to market analysts.
Read moreYamana Gold 1Q output meets guidance; Cerro Moro operations resuming
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Monday that first-quarter production was within guidance and that Cerro Moro will be resuming operations after a shutdown due to the COVID-19 pandemic.
Read moreYamana Gold 1Q output meets guidance; Cerro Moro operations resuming
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) reported Monday that first-quarter production was within guidance and that Cerro Moro will be resuming operations after a shutdown due to the COVID-19 pandemic.
Read moreFunds trim net-bullish gold positioning but increase silver net length
(Kitco News) – Money managers trimmed their net-bullish positioning in gold futures modestly – but hiked the silver one – during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
Funds trim net-bullish gold positioning but increase silver net length
(Kitco News) – Money managers trimmed their net-bullish positioning in gold futures modestly – but hiked the silver one – during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
BMO: gold, silver ETFs post big weekly inflows
(Kitco News) – Investors are continuing to pile into gold and silver exchange-traded funds, said BMO Capital Markets. Analysts noted there have been 10 straight days of inflows into gold ETFs, based on the latest Bloomberg data. Holdings rose by 1.5 m…
Read moreBBH: jobless claims to be key economic event this week
(Kitco News) – Once again, weekly jobless claims likely will be the key U.S. economic report this week as investors keep trying to gauge how much harm is occurring to the U.S. economy due to lockdown efforts amid the COVID-19 pandemic
Read more