After going viral, Mancini doubles down that gold is king, bitcoin irrelevant
(Kitco News) – Gold is still the ultimate asset to own during an economic downturn, not bitcoin, and this can be proven by government actions, said Chris Mancini, analyst of Gabelli Gold Funds.
Read moreTime to take profits in gold: TD Securities points to $1,489 level
(Kitco News) – It might be time to retreat and take some profits off the table, said TD Securities in its latest model portfolio update.
Read moreOptimism is high as Q3 earnings season for gold miners kicks off – BMO
(Kitco News) – The mining sector third quarter earnings season kicks off this week and optimism is high as investors are anxious to see how a nearly 20% gold rally this summer has impacted margins, according to one Canadian bank.
Read moreHummingbird Resources hits all-in-sustaining-cost of $849 oz in Q3
(Kitco News) – Hummingbird Resources (AIM:HUM) poured 30,484 oz of gold in Q3 at its Yanfolila Gold Mine in Mali.
Read moreMerafe’s Q3 production cut 29%
(Kitco News) – Ferrochrome producer Merafe Resources said today that its 3Q production dropped by 29% compared to the same quarter a year ago.
Read moreEric Sprott has information: Silver is going up
(Kitco News) – Be ready to be surprised when it comes to the precious metals market, said Eric Sprott, billionaire precious metals investor and chairman of Sprott Money.
Read moreGold weaker amid little risk aversion in marketplace
(Kitco News) – Gold silver prices are modestly down in midday U.S. trading Monday. The safe-haven metals are seeing buying interest squelched by higher global equity markets to start the trading week.
Read moreEldorado Gold announces gold production of 101,596 oz in Q3
(Kitco News) – Eldorado Gold (TSX:ELD) said last week that it hit gold production of 101,596 oz in Q3.
Read moreAsanko Gold produces 62,440 oz in Q3
(Kitco News) – Asanko Gold (TSX:AKG) said on Friday that gold production for 3Q was at record 62,440 oz, up slightly from the 62,067 produced in Q2.
Read moreGold’s summer rally is starting to fade as hedge funds drop bullish bets
(Kitco News) – The gold market continues to struggle to find momentum below $1,500 as hedge funds start to liquidate their bullish bets, according to the latest trade data from the Commodities Futures Trading Commission (CFTC).
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