Quebec miners start to digest provincial government’s COVID-19 directives
(Kitco News) – Hecla Mining Company (NYSE:HL) announced Tuesday it is suspending operations at Casa Berardi until April 13, 2020 to comply with the Government of Quebec’s COVID-19 orders.
Alamos Gold to suspend operations at Island Gold
(Kitco News) – Alamos Gold (TSX:AGI) said Tuesday that it is suspending operations at Island Gold to prevent the spread of COVID-19.
Read moreSouth African mine closures push palladium prices up 15%, platinum jumps 11%
(Kitco News) – Prices for platinum group metals are bouncing higher Tuesday as the physical market is expected to become a lot tighter as South Africa prepares to shut down its mines in its effort to slow the spread of the coronavirus.
Read moreNew record-high gold prices are coming in the medium term — CPM Group
(Kitco News) – Gold’s 2019 rally will continue with prices likely to see new record highs in the medium term, said CPM Group, citing COVID-19 crisis, geopolitical tensions, and the U.S. election.
Read more‘Time to buy currency of last resort’; gold price to hit $1,800 in 12 months – Goldman
(Kitco News) – Goldman Sachs has reiterated its bullish stance on gold prices, issuing a research report titled “time to buy the currency of last resort.”
Read moreHuge spreads occurring in gold; backwardation reflects strong demand
(Kitco News) – Huge spreads are occurring in the gold market Tuesday with pricing for futures contracts far above spot prices. Further, nearby futures are more expensive than deferred, a sign of strong demand in any commodity market.
Read moreGold price holding massive gains, ignores mixed U.S. flash PMI data
(Kitco News) -The gold market is ignoring the latest economic data as price gold on to 6% gains on the day even after preliminary data showed mixed sentiment with the U.S. manufacturing and service sectors.
Read moreBitcoin daily chart alert – Bulls work on price uptrend – Mar. 24
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Tuesday. Bulls have momentum early this week and have started a price uptrend on the daily chart. T
Read moreGold futures prices soar over $100 on London spot confusion
(Kitco News) – Gold and silver prices are trading sharply up in early U.S. trading Tuesday, with April Comex gold futures spiking to a high of $1,698.00 before backing off to presently trade around $1,675.00.
Read moreGold, silver prices soar after Fed action; previous forced selling abates
(Kitco News) – Gold soared for the second day in a row early Tuesday after the Federal Reserve announced dramatically increased measures to prop up the economy and markets, with open-ended quantitative easing and other programs.
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