Latest News

Blue diamond fetches $14.9 million

(Kitco News) – Petra Diamonds (LON:PDL) said today that it sold a 20.08 carat blue diamond for $14.9 million, representing around $741,000 per carat.

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Detour Gold production dips but outlook raised

(Kitco News) – Detour Gold (TSX:DGC) said today it had adjusted net earnings of $35.3 million or 20 cents per share in Q3 2019 compared to adjusted net loss of $1.5 million or one center per share during the same quarter a year ago.

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Gold’s slowdown – Is it just a pause ahead of a major lift-off?

(Kitco News) – The Dow is inching closer to 28,000; it seems we are closing in on a resolution on the China-US trade deal; talks of a recession in 2020 have quieted down and today’s retail sales report came in slightly above market expectations… it j…

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Can gold shake off downward pressure next week?

(Kitco News) – Gold might be looking at a sideways market before picking up pace again as U.S.-China optimism weighs on the precious metal, according to analysts.

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Greed is back, and gold prices slack; investors shift away from the metal

(Kitco News) – As equities push higher on the back of more liquidity added by the Federal Reserve and what appears to be a de-escalation of the trade wars, safe haven assets like gold have seen withdrawn interest from investors.

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Unique split on Wall Street to keep investors guessing the gold price next week

(Kitco News) – Next week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices and Main Street still very bullish, according to the latest Kitco News gold price survey.

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Gold prices down on busy U.S. data day

(Kitco News) – Gold and silver prices are moderately lower in early U.S. trading Friday. Trader and investors risk appetite has up-ticked just a bit late this week and that’s a negative for the safe-haven metals.

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Gold prices unchanged after U.S. retail sales rebound in October

(Kitco News) – Gold prices were largely unmoved after U.S. retail sales rebounded in October, beating expectations.

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Bitcoin daily chart alert – Price downtrend in place, bears confident – Nov. 15

(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Friday. Not much new recently.

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Autonomous trucks mark 1 billion tonnes milestone

(Kitco News) – Fortescue began implementing Cat’s autonomous haulage technology in 2012. There are now 137 autonomous trucks in operation at the iron ore mine.

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