Expected potash recovery could be derailed by coronavirus
(Kitco News) – While suffering potash producer Nutrien believes in significant improvement in the short-term, recent health outbreaks may halt any recovery.
Read moreGold is looking at $1,700 in 2020 and $2,000 in 2021/22: Citi
(Kitco News) – With prices holding above $1,600 an ounce, one major U.S. bank is reversing its projections for the year.
Read moreGold, silver up, at 5-week highs, on safe-haven, technical buying
(Kitco News) – Gold and silver prices are moderately up and have hit five-week highs in midday U.S. futures trading Wednesday.
Read moreNewmont to introduce Autonomous CAT haulers at Aussie mine
(Kitco News) – Technology in the gold sector continues to evolve as Newmont Corp introduces autonomous vehicles to its Boddington Mine in Australia.
Read morePalladium hits record high; ‘madness’ continues in tight market
(Kitco News) – Palladium prices continued their relentless charge uphill Wednesday, shattering their old record high in a market that remains tight due to strong auto-related demand, analysts said.
Read moreFirst Majestic reports record silver-equivalent production in 2019
(Kitco News) – Higher silver prices and increased production led to a record year for First Majestic Silver (NYSE: AG), the company said in its fourth-quarter and 2019 year-end earnings report.
Read moreGold price holding steady following mixed U.S. housing construction numbers
(Kitco News) – Gold prices are holding gains above $1,600 following mixed construction activity in the U.S. housing sector picked up in January.
Read moreGold holds gains after Jan. U.S. producer prices jump 0.5%
(Kitco News) – Spot gold held overnight gains after a Labor Department report showing that U.S. producer prices for finished goods jumped by a seasonally adjusted 0.5% last month. Spot gold was last up $5.40 to $1,606.60 an ounce.
Read moreGold, silver prices see safe-haven demand on global economic worries
(Kitco News) – Gold and silver prices are moderately up and hit multi-week highs in early U.S. futures trading Wednesday, on more safe-haven demand as the economic ramifications from the coronavirus outbreak remain very uncertain.
Read moreBitcoin daily chart alert – Bulls bounce right back, reaffirming their power – Feb. 19
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Wednesday, following Tuesday’s solid gains that reaffirmed the bulls have the firm overall near-term technical advantage amid a price uptrend on the daily bar chart.
Read more