Palladium to hit $3,500 before this rally is over – Bank of America
(Kitco News) – Palladium prices are seeing some profit taking Monday as prices settle down after hitting a new record high last week.
Read morePetra Diamonds down 12% on depressed diamond market, unfavorable recovery
(Kitco News) – Its Williamson also reported a poorer product mix.
Read moreM3 Metals drops C$6 billion iron ore project cost by 86%
(Kitco News) – The company said the design will utilize dry-stacked tailings.
Read moreBeware of gold price correction in the coming weeks — ABN AMRO
(Kitco News) – Gold prices are starting to look overshot at the beginning of 2020, which is why ABN AMRO is warning of a possible price correction in the coming weeks while remaining bullish on the yellow metal long-term.
Read moreGold gains as coronavirus fears escalate
(Kitco News) – Gold prices are moderately higher in midday U.S. futures trading Monday, and hit a three-week high overnight. Safe-haven demand for gold was featured today as the weekend saw the coronavirus outbreak spread significantly.
Read moreMoney managers modestly trim bullish gold positioning
(Kitco News) – Large speculators trimmed their net-bullish positioning in gold futures by 3% during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
Read moreGold prices edge up as U.S. new home sales disappoint in December
(Kitco News) – Gold prices ticked up after the U.S. new home sales missed expectations with a 0.4% decline in December.
Read moreCoronavirus underpins gold; $1,600 break would trigger chart buying
(Kitco News) – Gold futures have risen to their highest level in nearly three weeks, drawing a safe-haven bid amid worries about China’s coronavirus spreading and hurting the global economy, as well as a weekend attack on the U.S. embassy in Iraq, trad…
Read moreBitcoin daily chart alert—Safe-haven buying seen amid coronavirus outbreak
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday, on some safe-haven demand amid concerns about a pandemic coming from the current coronavirus outbreak.
Read moreBBH: gold benefiting from risk aversion
Gold has been a beneficiary of risk aversion since China’s coronavirusbegan making international headlines around week ago, said Brown Brothers Harriman.
