Gold prices near the $1,500 level are here to stay, says Westpac
(Kitco News) – Investors’ risk aversion and global monetary policy easing will continue to push gold higher until about mid-2020, said Westpac in its latest commodity update.
Read moreEric Sprott invests $5 million in Discovery Metals
(Kitco News) – Silver-focused Discovery Metals (TSX-V:DSV) said today it intends to complete a non-brokered private placement to raise up to $17 million through the issuance of common shares.
Read moreNew Gold affirms guidance
(Kitco News) – Intermediate-miner New Gold (TSX:NGD) said today that total gold production for the third quarter was 128,899 gold equivalent ounces.
Read moreFind value in other precious metals as gold prices consolidate – Aberdeen Standard Investments
(Kitco News) – The gold market may have found equilibrium as prices appear to be in a holding pattern around $1,500 an ounce, but one market analyst said that there is still plenty of value in precious metals markets.
Read moreGold, silver wilt as U.S. stock market rallies
(Kitco News) – Gold and silver prices are down and nearer their daily lows in midday U.S. trading Thursday. Risk aversion is not keen late this week, which is not working in favor the safe-haven metals.
Wells Fargo: Time to look at gold and bonds, major volatility coming in 2020
(Kitco News) – Making trading decisions based on the daily headlines could lead to poor results, said Wells Fargo in the latest report that focuses on investment strategies amid market uncertainty.
Read moreWells Fargo: Time to look at gold and bonds, major volatility coming in 2020
(Kitco News) – Making trading decisions based on the daily headlines could lead to poor results, said Wells Fargo in the latest report that focuses on investment strategies amid market uncertainty.
Read moreGold prices see modest drop following weak U.S. CPI numbers
(Kitco News) – Gold prices are holding on to gains above $1,500 an ounce but sees little movement as inflation pressures were weaker than expected last month
Read moreU.S. Weekly Jobless Claims surprise with a 10K drop
(Kitco News) – The initial weekly jobless claims fell to 210,000 in the week to Saturday, coming in better-than-expected, the U.S. Labor Department said.
Read moreGold, silver prices under pressure as U.S. session begins
(Kitco News) – Gold and silver prices are near steady in early U.S. trading Thursday. Bulls have had a decent week and have worked prices up from the October lows.
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