Amplats’s force majeure rocks platinum group metals
(Kitco News) – An explosion at Amplats smelter in South Africa is expected to knock nearly 1 million PGM ounces off its 2020 guidance and has sent platinum group metals prices into a tizzy.
Read moreGold expected to remain healthy as virus spreads
(Kitco News) – Gold is one of the few markets that has been mostly healthy lately as the coronavirus infects so-called risk assets like stocks, crude oil, industrial metals and now even the heretofore safe-haven U.S. dollar.
Read moreGold drops to negative territory on the day as shorter-term futures traders take profits
(Kitco News) – Gold prices have quickly dropped from double-digit gains seen just a short while ago to double-digit losses in active trading late Friday morning.
Read moreGold posts biggest premium ever over platinum – Commerzbank
(Kitco News) – Gold prices have posted their biggest premium over platinum ever as the yellow metal benefits from lower interest rates amid the coronavirus outbreak, said Commerzbank Friday while hiking its gold forecast.
Read moreGold posts biggest premium ever over platinum – Commerzbank
(Kitco News) – Gold prices have posted their biggest premium over platinum ever as the yellow metal benefits from lower interest rates amid the coronavirus outbreak, said Commerzbank Friday while hiking its gold forecast.
Read moreGold prices up as anxiety escalating amid coronavirus uncertainty
(Kitco News) – Safe-haven gold prices are solidly higher in early U.S. futures trading Thursday. Risk aversion is increasing heading into a very uncertain weekend amid the coronavirus outbreak scare that is wreaking havoc in the world marketplace.
Read moreGold prices seeing some selling pressure after U.S. created 273K jobs in February
(Kitco News) – Gold prices are holding relatively steady and are back within striking distance of an ounce as the U.S. labor market was stronger than expected last month.
Read moreBarrick increasing supply of key commodities during coronavirus outbreak
(Kitco News) – Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) said Friday that supplies to mines have not been impacted by the coronavirus outbreak around the world, but nevertheless the company is increasing its inventory of key commodities to levels highe…
Read moreCredit Suisse: ‘gold should react positively’ as U.S. rates, dollar fall
(Kitco News) – Declining U.S. interest rates and pressure on the U.S. dollar should keep boosting gold prices, said Credit Suisse.
Read moreBitcoin daily chart alert – Bulls show power late this week – Mar. 6
(Kitco News) – Bitcoin-U.S. dollar prices are higher and hit a two-week high in early U.S. trading Friday. The bulls have had a good week this week and have negated a price downtrend on the daily bar chart.
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