Gold prices to hit $1,600 in April and it’s not because of the Fed
(Kitco News) – The Federal Reserve is likely to pause after cutting rates for the third time this year on Wednesday, but that doesn’t mean the gold rally is over, according to analysts.
Read moreEmmerson increases mineral resource estimate for its Moroccan potash project by 72%
(Kitco News) – Emmerson said today it upgraded its JORC-compliant mineral resource estimate for its Khemisset Potash Project in Northern Morocco and increased the total resources by 72% to 537 million tonnes of potash with an average grade of 9.24% K2O.
Read moreDRDGold increases production 5%, doubles EBITDA
(Kitco News) – DRDGold said Monday that gold production increased by 5% for the quarter ended on September 2019.
Read moreDRDGold security chief killed in a gunfight
(Kitco News) – An armed gang gained entry to DRDGold’s operations and exchanged gun fire with the miner’s security chief, Bart Coetzee, who was killed in the melee.
Read moreGold down on record rally in U.S. stocks, but FOMC now in focus
(Kitco News) – Gold prices are moderately lower in midday U.S. trading Monday, pressured by rallying U.S. equities that see the stock indexes hitting record highs today.
Read moreStay patient; how silver price’s next breakout could happen
(Kitco News) – Although unable to hold a 3% rally late last week, the silver price is still in good shape and investors just have to be patient, according to one market analyst.
Read moreDiwali gold sales down 40% as high gold price weighs on demand – analysts
(Kitco News) – Diwali gold sales in one of the world’s top gold consuming nations disappointed over the weekend as high prices weighed on gold demand, analysts said.
Read moreIt’s been 3 years since ALROSA found a diamond this big
(Kitco News) – ALROSA announced on Friday it found a monster 230-carat diamond at its Udacnhaya kimberlite pipe, located in eastern Russia.
Read moreGold extending early losses as U.S. stock indexes hit record highs
(Kitco News) – Gold prices are at session lows, fell below the key $1,500.00 level, and have added to early-morning losses as the U.S. stock indexes have notched record high levels and are trading with solid gains Monday morning.
Read moreThe gold market could be disappointed come the FOMC meeting – TD Securities
(Kitco News) – Gold is trading steady just above its key psychological level of $1,500 on Monday. The level remains “the key pivot for near-term price direction and although the support has thus far held, the price action in New York on Friday was disappointing considering USD $1,518 high print
