Hedge funds drop bullish gold bets at fastest pace in five months
(Kitco News) – Growing uncertainty in the gold market caused some hedge funds to reduce their bullish bets at their fastest pace in in six months, according to the latest trade data from the CFTC.
Read moreHow a small move in gold could send silver up 25%
(Kitco News) – Investor sentiment has strengthened noticeably towards silver, wrote the Silver Institute in a study published last week.
Read moreHecla grows silver production, cash in 3Q
(Kitco News) – Hecla Mining (NYSE:HL) said today that silver production was up 30% to 3.2 million ounces in the 3Q compared to the same quarter a year ago.
Read moreGold down as risk aversion wanes
(Kitco News) – Gold and silver prices are weaker in midday U.S. trading Monday. The bulls need some new, positive fundamental developments to break the near-term price downtrends in place on the daily bar charts.
Read moreRussia dumps U.S. dollar: Country’s top oil producer chooses euro for all future deals
(Kitco News) – One of the world’s top oil producers and exporters, Russia’s Rosneft, is ditching the U.S. dollar for euros when it comes to all future deals.
China increases gold reserves by 5.9 tonnes in September
For the tenth consecutive month the People’s bank of China (PBoC) has increased its gold reserves, once again establishing itself as a dominant force in the gold market.
Interest around $1,500-$1,490 keeps gold price action ‘buoyant’: MKS PAMP Group
(Kitco News) – The markets are focused on the resumption of the U.S.-China trade talks this Thursday and any bumps on the road could lead to a gold rally, says FXTM.
Read moreGold prices lower; bullish fundamental spark needed
(Kitco News) – Gold and silver prices are weaker in early U.S. trading Monday. The bulls need some new, positive fundamental developments to break the near-term price downtrends in place on the daily bar chart.
Read moreBitcoin daily chart alert – more sideways, choppy trading – Oct. 7
(Kitco News) – Bitcoin-U.S. dollar futures prices are weaker in early U.S. trading Monday. The bulls have stabilized the market recently.
Read morePODCAST: Modeling the whole mine is the goal
(Kitco News) – “It’s challenging, but if we can actually have a model of whole system in real-time, then that’s the end-state.”
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