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Yamana Gold withdraws guidance with some mines curtailed amid COVID-19

(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) has withdrawn production guidance for 2020 as some operations are curtailed as part of the global effort to combat the COVID-19 outbreak, the company said late Tuesday.

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Yamana Gold withdraws guidance with some mines curtailed amid COVID-19

(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) has withdrawn production guidance for 2020 as some operations are curtailed as part of the global effort to combat the COVID-19 outbreak, the company said late Tuesday.

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Gold prices down but ignore mixed U.S. durable goods data

(Kitco News) – Gold prices are under pressure but continue to see little reaction to dated economic data following mixed numbers in the U.S. manufacturing sector.

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BMO: Gold-price spread ‘transitory short-term dislocation’

(Kitco News) – The discrepancy that emerged Tuesday between prices for gold futures and over-the-counter metal is a “short-term dislocation rather than anything structural,” said BMO Capital Markets.

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Gold prices pull back from strong gains Tuesday

(Kitco News) – Gold prices are trading solidly down in early U.S. trading Wednesday, on a corrective pullback from the strong gains seen on Monday and Tuesday.

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Bitcoin daily chart alert – Normal chart consolidation Wednesday – Mar. 25

(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday, on some normal chart consolidation after recent gains.

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Commerzbank: gold prices to profit from ‘more fiat money than ever’

(Kitco News) – Gold should benefit as governments pump money into their economies to combat the COVID-19 virus, although physical demand in key consuming nation India may slump during the next few weeks due to safety measures instituted there

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World Gold Council CEO: ‘gold is as relevant as ever’

(Kitco News) – Gold still has an “important role” in the portfolios of investors, said David Tait, chief executive officer.

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CME resolving physical gold squeeze with delivery of 100-ounce, 400-ounce and 1-kg bars

(Kitco News) – Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.

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CME resolving physical gold squeeze with delivery of 100-ounce, 400-ounce and 1-kg bars

(Kitco News) – Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.

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