Gold price at 3-week high as coronavirus threatens global economic growth
(Kitco News) – Gold prices are higher and hit a three-week high in early U.S. futures trading Monday.
Read moreGet bigger and get noticed is the game right now
(Kitco News) – “[Seniors] are trying to create a business that is self-funding. Issue stable dividends but is focused on the gold sector.”
Read moreHe called the last gold price rally, now he’s back with a new forecast
(Kitco News) -He called the last gold price rally, now he’s back with a new forecast
Read moreGold eyes $1,600 as Fed meeting, new virus threat in focus next week
(Kitco News) – Gold is well supported and has room to run higher next week as analysts point to the Federal Reserve meeting and the spread of the new coronavirus as the two key issues to keep an eye on.
Read moreAlmonty to reclaim world’s largest tungsten mine title
(Kitco News) – Almonty Industries arranged $76 million financing with KfW IPEX–Bank GmbH to build Almonty’s Sangdong Mine in South Korea.
Wesfarmer stalls A$600 million lithium project
(Kitco News) – Bending to the poor lithium market fundamentals, Wesfamer said Thursday it is suspending development of its Mt Holland lithium project until next year.
Read moreGold-silver ratio to drop to 20; next silver price bull run will “shock” markets
(Kitco News) – The gold-silver ratio has never stayed this high for long, and it’s only a matter of time before prices normalize, this according to Jeff Clark, senior precious metals analyst of GoldSilver.com.
Wall St., Main St. bullish on gold price as coronavirus threat grows
(Kitco News) – The gold market is struggling to find momentum as it treads water around a critically important technical area; however, sentiment in the marketplace is still significantly bullish among both Main Street investors and Wall Street analysts.
Read moreCommerzbank: palladium’s wings to be clipped
(Kitco News) – Commerzbank is comparing palladium to the mythical Greek figure Icarus, who came so close to the sun that the wax on his wings melted and he crashed.
Read moreChinese New Year gold demand called ‘sluggish’
(Kitco News) – Gold demand tied to the Chinese New Year is being described as “sluggish,” apparently dented by the higher price of the precious metal, a slowing economy in the country and a virus outbreak, most traders and analysts said.