World Gold Council: Should gold replace bonds as the world’s safe-haven?
(Kitco News) – The Federal Reserve appears to be in a holding pattern, but only after lowering interest rates for the third time in July. In this low interest rate environment, investors should be looking at gold as a replacement to bonds, according to…
Read moreGold’s uptrend still healthy as uncertainty support prices above $1,500 – State Street Global Advisors
(Kitco News) – Gold’s current consolidation around $1,500 an ounce is a healthy move as the market needed to cool down after the summer’s red hot rally, according to one market strategist.
No end to palladium’s good fortune
(Kitco News) – Palladium prices touched new record highs this week with analysts remaining very upbeat when it comes to the best-performing precious metal of 2019.
Read moreKinross to increase Tasiast Mine’s throughput to 24,000 tonnes per day
(Kitco News) – Kinross Gold (NYSE:KGC) filed today an updated technical report for its Tasiast mine in Mauritania.
Read moreTeranga Gold’s new mine to achieve commercial production in Q4
(Kitco News) – Teranga Gold (TSX:TGZ) said today that gold production was 61,975 ounces in Q3.
Read moreSandstorm Gold touts 49% increase in revenue
(Kitco News) – Streaming and royalty company Sandstorm Gold (NYSE:SAND) announced record cash flows from operating activities of $18.2 million, in its Q3 released Thursday.
Read morePretium drops 16% after outlook revision
(Kitco News) – Pretium Resources (NYSE:PVG) said yesterday that limited stope inventory and operational issues will lower guidance.
Read moreGold sees good gains on safe-haven demand, very weak U.S. data
(Kitco News) – Safe-haven gold prices are posting double-digit gains in early-afternoon U.S. trading Thursday, on safe-haven demand amid reports the world’s two largest economies are not close to a trade deal, and after a weaker-than-expected U.S. economic report.
Gold prices to push to $1,600 an ounce in 2020, says World Bank
(Kitco News) – Investors can expect the rally in gold to continue as uncertainty dominates the marketplace, according to the latest forecast from the World Bank.
Read moreRisk-off tone after Fed meeting is giving gold prices a boost – TD Securities
(Kitco News) – Risk-off sounding U.S.-China headlines are giving gold prices a nice boost above the $1,500 an ounce level, according to TD Securities.
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