McEwen Mining withdraws output guidance after temporary mine suspension
(Kitco News) – McEwen Mining Inc. (NYSE, TSX: MUX) is withdrawing its previously announced production guidance after curtailment of operations at a joint-venture mine in Argentina to halt the spread of the COVID-19 virus around the world, the company s…
Read moreGold prices to reverse course next week? All eyes on surging U.S. unemployment numbers
(Kitco News) – Markets continue to be extremely volatile, keeping gold prices on edge.
Read moreBank of America downgrades 2020 gold forecast, but remains hopeful for a rebound
(Kitco News) -Hope may spring eternal but reality is starting to bite within the precious metals space as one U.S. bank is revising down its forecast for gold and silver prices.
Read moreWall St., Main St. anticipate comeback for gold prices
(Kitco News) – Wall Street and Main Street alike look for gold prices to start regaining their footing next week, based on the weekly Kitco Gold price survey.
Read morePhysical gold squeezed further; Royal Canadian Mint shuts down production for two weeks
(Kitco News) – The physical gold and silver market just became a little tighter in the near-term as one major mint is shutting down operations for the next two weeks.
Read moreGold price back above $1,500 even as U.S. existing home sales rise to 13-year high
(Kitco News) – Gold prices are back above $1,500 an ounce even as the more U.S. consumers bought homes at the fast pace in 13 years last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold, silver prices up as buyers step back into markets
(Kitco News) – Gold and silver prices are trading solidly higher in early U.S. trading Friday.
Read moreNew Gold suspends Rainy River mining for two weeks due COVID-19 guidelines
(Kitco News) – New Gold Inc. (TSX, NYSE American: NGD) has suspended operations at its Rainy River Mine for two weeks so workers can follow the 14-day self-isolation recommended by Canadian authorities for travel outside of the country due to the COVID…
Read moreBitcoin daily chart alert – Solid late-week price gains revive bulls – Mar. 20
(Kitco News) – Bitcoin-U.S. dollar prices are solidly higher in early U.S. trading Friday.
Read moreBMO: Daily ETF gold inflow roughly equals Newcrest annual output
(Kitco News) – Holdings of gold by exchange-traded funds jumped by a ‘huge’ amount Thursday – 2.6 million ounces, and inflows may well continue, said BMOCapital Markets.
