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Gold, silver up; coronavirus scare will not go away

(Kitco News) – Gold and silver prices are moderately up in midday U.S. futures trading Monday. The coronavirus outbreak escalated over the weekend and that is helping to support the safe-haven metals.

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$2,000 gold price by election night is possible

(Kitco News) – Political changes from the U.S. presidential election in November could see gold prices soar, this according to Peter Schiff, CEO of Euro Pacific Capital.

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Pay attention to gold and commodities, not equity rally – Saxo Bank

(Kitco News) – Investors should be paying more attention to commodity markets as lower prices are flashing warning signals of a significant disruption to the global economy, according to one market strategist.

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OceanaGold lists 2020 guidance of 360,000 to 380,000 gold ounces

(Kitco News) – OceanaGold Corp. (TSX, ASX: OGC) said Monday the company anticipates mining 360,000 to 380,000 ounces of gold in 2020 at all-in sustaining costs of $1,075 to $1,125 an ounce.

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Money managers cut bullish gold positioning but increase in silver

(Kitco News) – Large speculators reduced their net-bullish positioning in gold futures for the third week in a row, this time by 17%, based on data compiled for the most recent reporting week of the Commodity Futures Trading Commission (CFTC).

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Gold prices firmer, bulls looking to restart price uptrend

(Kitco News) – Gold and silver prices are modestly up in early U.S. futures trading Monday. The gold bulls had a good week last week, as they stabilized the market and are now working on keeping alive a price uptrend on the daily bar chart.

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Bitcoin daily chart alert – Bulls remain in technical control – Feb. 10

(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Monday and not far below the recent 13-week high.

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Gold prices holding fast in the face of equity market headwinds

(Kitco News) – All three major indexes hit record highs this week, all in the face of growing uncertainty regarding the health of the global economy as the coronavirus continues to spread and dominate headlines.

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Has coronavirus peaked? Gold prices find support in the fallout

(Kitco News) – With the number of new coronavirus cases slowing, gold prices are focusing on an economic fallout from the virus as traders keep the gold bid alive.

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Equity market rally doesn’t dampen sentiment In gold market

(Kitco News) – Voters in the weekly Kitco gold survey remain bullish on the metal, with Wall Street analysts continuing to cite expected safe-haven buying of the precious metal due to worries about the impact of the coronavirus on the global economy.

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