2020 could see more European central banks buy gold – Saxo Bank
(Kitco News) – In a world awash in negative bond, gold will continue to shine as an alternative asset and could attract more attention from major central banks in 2020, according to one market analyst.
Read moreMore production woes at Great Panther
(Kitco News) – High rainfall and pit congestion forced Great Panther Mining (TSX:GPR) to announce Thursday another downward revision in guidance.
Read moreGold prices to peak at $1,500 in 2020, Fed to play key role — ING
(Kitco News) – Gold prices will remain supported throughout next year because of uncertainty surrounding trade and global growth, said ING in its 2020 Commodities Outlook.
Read moreNatixis downgrades 2020 gold outlook: Prices to average $1,370
(Kitco News) – Next year could prove to be a difficult one for gold prices, according to one French bank, which doesn ’t see much upside for the yellow metal.
Gold rallies as U.S. stock indexes waver amid some uncertainty
(Kitco News) – Gold prices are at daily highs and holding moderate gains in late-morning action Friday.
Read moreStrong stocks and U.S. dollar are blocking gold’s major move up – RBC Wealth Management
(Kitco News) – A major move up in gold is being blocked by strong stocks and higher U.S. dollar, says RBC Wealth Management managing director George Gero. “Strong stocks, strong dollar are still headwinds for a larger rally for now until we see more economic, political and surprise headlines going forward,” Gero writes.
Gold prices up a bit on renewed China-U.S. trade worries
(Kitco News) – Gold prices are modestly up in early U.S. trading Friday, on a bit of concern about a development on the U.S.-China relations front late Wednesday.
Read moreBitcoin daily chart alert – Bulls make a stand this week – Nov. 29
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Friday as the bulls have this week stabilized the market after prices hit a six-month low on Monday.
Read moreCity of Asbestos to drop ‘asbestos’ from its name
(Kitco News) – Citing the need to look forward, officials at the City of Asbestos has decided to change its name.
Read moreNewmont Goldcorp ups GT Gold stake with C$8.3 million investment
(Kitco News) – The financing is a private placement of 6,877,199 common shares priced at $1.20 per share. Upon completion Newmont Goldcorp will own 14.9% of GT Gold, an increase from the 9.9% it already owns.
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