Rush to cash beats gold but price recovery is coming — analysts
(Kitco News) – After nearing $1,700 at the beginning of the week, gold prices surprised with a major sell-off despite a plummeting stock market.
Read moreGold prices expected to regain footing
(Kitco News) – Participants in the weekly Kitco gold survey haven’t given up on the precious metal despite Friday’s sharp sell-off.
Read moreLydian touts favorable ruling in Armenia
(Kitco News) – Lydian International announced yesterday that on February 26 Armenian courts ruled in favor of the company and invalidated eight out of ten findings made by the Environmental and Mining Inspection Body of Armenia under Act 30 in August 2…
Read morePaulson backs Midas Gold with majority of $35 million raise
(Kitco News) – Idaho exploration company Midas Gold (TSX:MAX) announced yesterday Paulson will purchase convertible notes on a private placement basis for gross proceeds of $25 million.
Read moreEven in a sea of red, gold is a life preserver – Aberdeen Standard Investments
(Kitco News) – It’s a sea of red in financial markets and gold has not been immune to the selling pressure as fear continues to build among investors; however, one market strategist says that now is not the time to give up on the precious metal.
Read more‘Forced selling’ pressures gold prices despite tumble in risk assets
(Kitco News) – Traders and investors are using gold like an ATM machine as the week winds down, selling to generate cash as they to book profits or need to raise money to meet margin calls and offset losses in other markets.
Read moreFutures traders also responsible for gold’s sell off
(Kitco News) – In my Kitco AM report I mentioned the reasons safe-haven gold is selling off late this week despite global stock markets remaining in meltdown mode. Read the first paragraph of that report for some interesting perspective.
Read moreB2Gold adjusted 4Q profit rises with sales, prices; dividend announced
(Kitco News) – B2Gold Corp. (TSX: BTO; NYSE AMERICAN: BTG; NSX: B2G) late Thursday reported a significant jump in its fourth-quarter adjusted net profit as gold prices and sales both rose from the same period a year ago.
Read moreGold price remains under pressure as PCE inflation remains muted
(Kitco News) – Strong selling pressure in the gold market continues, even as the yellow metal sees little reaction to disappointing inflation data.
Read moreWhy gold, silver prices seeing pressure amid global equities meltdown
(Kitco News) – Gold and silver prices are posting solid losses in early U.S. futures trading Friday.
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