Iran missile attacks target U.S. forces in Iraq; Trump says ‘All is well!’
(Kitco News) – Democrats in the U.S. Congress and some of the party’s presidential contenders warned about the escalating conflict.
Gold price hits eight-year high after Iran attacks a base in Iraq housing US troops
(Kitco News) – Spot gold is trading $1,606 as of 7:43 p.m. ET, jumping nearly $30 since late this afternoon. The last time gold traded this high was in 2012. Oil is also jumping. WTI crude is up 4% to 65.32 a barrel.
Read moreGold prices kick off new bull run: $1,700 is ‘initial resistance’ — Bloomberg Intelligence
(Kitco News) – Gold prices are starting a new bull run, according to Bloomberg Intelligence, which is eyeing $1,400 an ounce as initial support and $1,700 as initial resistance.
Read moreAtlantic Nickel announces concentrate sale
(Kitco News) – Atlantic Nickel, which operates Santa Rita Mine in Brazil, said yesterday it sold its first concentrate from its mine.
Read moreSunstone increases its stake in Bramaderos Gold-Copper Joint Venture to 87.5%
(Kitco News) – Sunstone Metals (ASX:STM), an exploration company focused on Scandanavia and Ecuador, amended the terms of its earn-in joint venture with Cornerstone Capital Resources.
Read moreBrazilian-focused Serabi announces results of step out drill program
(Kitco News) – Serabi Gold (TSX:SBI), a Brazilian focused gold exploration company, announced Monday the results of its step out drill program at its Sao Chico orebody at its Palito Complex.
Read moreSteps to becoming a mid-tier gold miner unveiled by Horizon Minerals
(Kitco News) – Horizon Minerals (ASX:HRZ) released its plans for gold production today.
Read moreGold, silver gain as traders step in to buy the early dip
(Kitco News) – Gold and silver prices are moderately higher in midday U.S. futures trading Tuesday. Downside price corrections overnight were viewed as a buying opportunity and prices pushed higher in the day session, after gold hit a nearly seven-year…
Read moreGold looks good as insurance in a 2020 investment portfolio – David Rosenberg
(Kitco News) – Gold should be an integral component in a portfolio as investors look to protect themselves with hard assets from an impending economic slowdown, according to one market strategist.
Read moreMoney managers hike bullish gold positioning; correction looming?
(Kitco News) – Large speculators hiked bullish positioning in gold futures for the third week in a row, according to the most recent data compiled by the Commodity Futures Trading Commission (CFTC).
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