Gold and silver saw healthy trading activity in February
(Kitco News) – The gold and silver market saw healthy trading activity in February, but the London Bullion Market Association (LBMA) says the latest data have little meaning as the global economy and precious metals markets have been significantly impa…
Read moreHere’s how gold prices will get to $1,800 in the next three quarters — UOB
(Kitco News) – A major rebound in gold is just around the corner as prices look ready to surge on massive global monetary policy stimulus and unprecedented fiscal policies, UOB said in its latest commodities strategy report.
Read moreGold weaker as U.S. stocks down; U.S. bond market sending a signal
(Kitco News) – Gold prices are trading modestly down in midday U.S. trading Wednesday, as the U.S. stock indexes sharply lower.
Read moreSilver market faces supply crunch as Mexico curtails production
(Kitco News) – Expected mine shutdowns of at least a month in Mexico will reduce the global silver supply since the country is the world’s largest silver producer.
BMO hikes gold forecast; prices ‘natural beneficiary’ of low interest rates
(Kitco News) – BMO Capital Markets upgraded its forecast for gold prices Wednesday while downgrading the outlook for many other commodities.
Read moreKinross Gold withdraws guidance although output not impacted by COVID-19 so far
(Kitco News) – Kinross Gold Corp.’s (TSX: K; NYSE: KGC) production has not been hurt by the COVID-19 pandemic so far, but the company nevertheless is withdrawing 2020 guidance due to the uncertainty, Kinross said Wednesday.
Read moreKinross Gold withdraws guidance although output not impacted by COVID-19 so far
(Kitco News) – Kinross Gold Corp.’s (TSX: K; NYSE: KGC) production has not been hurt by the COVID-19 pandemic so far, but the company nevertheless is withdrawing 2020 guidance due to the uncertainty, Kinross said Wednesday.
Read moreSilver market faces supply crunch as Mexico curtails production
(Kitco News) – Expected mine shutdowns of at least a month in Mexico will reduce the global silver supply since the country is the world’s largest silver producer.
Gold prices recover from daily lows as ISM Manufacturing Index falls below 50.0 but beats expectations
(Kitco News) – Gold prices first edged down but then managed to recover from daily lows after the headline manufacturing index from the Institute for Supply Management fell below 50.0 but was still above expectations in March.
Read moreGold prices steady as U.S. stock mkt set to open sharply down
(Kitco News) – Gold prices are trading near steady in early U.S. trading Wednesday, as the U.S. stock indexes are set to open the day session solidly lower.
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