Is $1,700 gold price next? It’s possible in the short-term – analysts
(Kitco News) – This will be a week gold bugs remember for a long time with the precious blowing past $1,600 level and hitting fresh 7-year highs.
Read moreAnglo American gets big assist from iron ore, PGM
(Kitco News) – A near doubling in margins for both iron ore and PGM divisions at Anglo American (LON:AAL) helped the diversified South African miner close the year up 8% to $2.75 earnings per share.
Read moreOnline shopping cuts De Beers revenue nearly in half
(Kitco News) – The turning away from ‘bricks and mortar’ to online cut De Beers revenue by 45% to $558 million.
Read moreGold prices expected to maintain upward momentum
(Kitco News) – Gold has enormous upward momentum at the moment, and that left participants in the weekly Kitco gold survey overwhelmingly expecting prices to keep rising next week due to the combination of chart-based momentum and ongoing worries abou…
Read moregold prices holding steady following in line drop in U.S. existing home sales
(Kitco News) – Economic data continues to have little impact on gold as prices remain near its recent seven-year high following after data from the National Association of Realtors (NAR) showed consumers bought existing homes at a pace in line with exp…
Read moregold price pushes to session highs, up 1.75% following disappointing flash PMI numbers
(Kitco News) – Nothing appears to be stopping the gold market as prices remain near fresh seven-year highs after preliminary data shows disappointing sentiment in the U.S. manufacturing and service sectors.
Read moreBannockburn: ‘gold is on fire’ as virus worries persist
(Kitco News) – Gold is ‘on fire,’ hot enough to hit a fresh seven-year high as investor enthusiasm for other markets is dented by the continuing spread of the Covid-19 virus outside of China
Read moreBitcoin daily chart alert – Bulls need to stabilize market – Feb. 21
(Kitco News) – Bitcoin-U.S. dollar prices are modestly up in early U.S. trading Friday. While the bulls still have the overall near-term technical advantage
Read moreTeranga lists record 4Q gold output; financial results held back by unsold inventory
(Kitco News) – Teranga Gold Corp. (TSX: TGZ) Friday reported an adjusted loss in the fourth quarter but noted that revenues would have been much higher, except some $31 million ounces of gold were still unsold at year-end due to an earlier-than-normal …
Read moreSSR Mining 4Q adjusted income soars on higher output, prices
(Kitco News) – SSR Mining Inc. (NASDAQ, TSX: SSRM) late Thursday reported a much higher fourth-quarter adjusted profit than a year ago as revenue rose sharply due to an increase in the amount of gold and silver sold, as well as higher prices.
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