Fatality at Harmony Gold’s Kusasalethu Mine
(Kitco News) – Kusasalethu is Harmony’s deepest mine. The South African gold mine has just under 5,000 employees. Mining is conducted to a depth of 3,388m (2.1 miles).
Coronavirus dampens diamond auction
(Kitco News) – “The results of our first auction of 2020 are in line with prior auctions of commercial quality emeralds and demonstrate a stable underlying market,” said Banks. “It was however evident that the fallout of COVID-19–the corona virus–dam…
Read moreGold, silver bulls hit the accelerator amid coronavirus fears
(Kitco News) – Gold and silver prices are solidly up in midday U.S. futures trading Monday, but off of their overnight highs, as the coronavirus pandemic has traders and investors worldwide unnerved and seeking out safe-haven metals.
Read moreGold price explodes as coronavirus cases surge in Italy, South Korea, Iran
(Kitco News) – Coronavirus fears are triggering a run on safe-haven assets and gold prices are exploding. After breaching $1,600 an ounce last week, gold has its eyes on the $1,700 an ounce level as coronavirus cases surge outside of China.
Read moreSilver prices have room to run on the upside, too
(Kitco News) – The silver market has not seen the strong gains recently that has “big brother” gold. It’s likely that traders and investors look at silver as both an industrial metal and a safe-haven store of value.
Gold price soars as virus spreads; traders anticipate potential monetary easing
(Kitco News) – Gold futures are sharply higher early Monday not only because investors are seeking safe havens as the coronavirus keeps spreading around the world, but also because they are starting to factor in the potential for central-bank rate cuts…
Read moreSome “eye candy” for gold market bulls
(Kitco News) – It’s a Monday, U.S. equities are down more than 2% so we’re all busy, so let’s get right to the point and make this short and sweet—as in candy sweet for the gold market bulls.
Gold prices sharply up, at 7-yr. high, amid coronavirus pandemic fears
(Kitco News) – Gold and silver prices are solidly up in early U.S. futures trading Monday, but off of their overnight highs, as the coronavirus pandemic has traders and investors worldwide unnerved and seeking out safe-haven metals.
Read moreBitcoin daily chart alert—Keen uncertainty Monday has the crypto trade cautious
(Kitco News) – Bitcoin-U.S. dollar prices are trading not far from unchanged in very cautious dealings in early U.S. trading Monday.
Read moreMoney managers boost bullish gold positioning by 22%
(Kitco News) – Large speculators sharply hiked their bullish positioning in gold futures by 22% during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
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