Gold prices can fall to $1,300 an ounce as recession looms – IHS Markit
(Kitco News) – The threat of a global recession and low inflationary pressures will continue to drag gold prices lower, with the precious metal already vulnerable as volatility continues to roil financial markets, according to one precious metals analy…
Read moreDavid Morgan: ‘opportunities will come’ in mining stocks but watch for bottom
(Kitco News) – David Morgan, publisher of the Morgan Report, figures ‘opportunities will come’ for investors to buy gold- and silver-mining stocks again, but favors waiting until there are strong signs they have put in a bottom.
Read moreDavid Morgan: ‘opportunities will come’ in mining stocks but watch for bottom
(Kitco News) – David Morgan, publisher of the Morgan Report, figures ‘opportunities will come’ for investors to buy gold- and silver-mining stocks again, but favors waiting until there are strong signs they have put in a bottom.
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreHere’s what Jim Rickards tells people who think it’s just the flu
(Kitco News) – Here’s what Jim Rickards tells people who think it’s just the flu
Gold price remains down as Philly Fed survey see largest drop in history
(Kitco News) -The gold market is off its session lows but is still struggling to find some traction in a volatile marketplace after dismal regional manufacturing data from the Philadelphia Federal Reserve.
Read moreGold pares loss after U.S. jobless claims soar by 70,000 due to COVID-19
(Kitco News) – Gold pared early losses after Labor Department data Thursday said that initial weekly U.S. jobless claims soared by 70,000 to a seasonally adjusted 281,000 in the week to Saturday due to the COVID-19 virus. Spot gold was last down $13.40…
Read moreGold prices weaker; bruised marketplace wonders what’s next
(Kitco News) – Gold prices are trading modestly down in early U.S. trading Thursday, amid a severely battered global marketplace that still sees would-be buyers in most markets scared and standing on the sidelines.
Read moreRio Tinto temporarily closes Utah copper mine after earthquake
(Kitco News) – Rio Tinto has temporarily halted operations at its big Kennecott mine near Salt Lake City, Utah, as a result of a 5.7-magnitude earthquake close to the town of Magna, the company announced Wednesday.
Read moreKirkland Lake Gold doubles dividend, repurchases 10.1 million shares
(Kitco News) – Kirkland Lake Gold Ltd. (TSX, NYSE: KL) is doubling its quarterly dividend and has repurchased 10.1 million shares under its repurchase program, the company announced late Wednesday.
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