Kitco News

The last hurdle has been cleared for Barrick Gold Corp. (NYSE, TSX: ABX) to merge with Randgold Resources Ltd. (Nasdaq: GOLD) on Jan. 1, with the combined company to then trade under Randgold’s ticker symbol of GOLD on the New York Stock Exchange, off…

Gold prices will head higher in 2019, while the mining sector will see much more consolidation, according to BMO Capital Markets’ updated commodities outlook for next year.

(Kitco News) – Heading into the new year, commodity analysts at JPMorgan continue to warn precious metals investors to not expect too many fireworks next year as trading in gold and silver could is expected to be ho-hum in at least the first half of t…

Gold and silver futures prices are up and near their daily highs in early-afternoon U.S. trading Monday, supported in part by a weaker U.S. dollar index, another sell off in the U.S. stock market

(Kitco News) – Silver was supposed to be the shining star of the precious metals market for 2018. Instead, it turned out to be the sectorâ??s biggest disappointment.

Money managers have virtually eradicated the once-large net-bearish position they held in gold futures, with the most recent report from the Commodity Futures Trading Commission showing the market is now balanced.

Global gold production is expected to be somewhat stable in 2019, with one analytical firm forecasting a fall of half a percentage point and another looking for a rise of less than that.

(Kitco News) – Gold prices continues to hold on to modest gains but is seeing little reaction to growing pessimism in the New York region’s manufacturing sector, according to the latest report from the New York Federal Reserve.

Gold and silver futures prices are moderately higher in early U.S. trading Monday, supported in part by a weaker U.S. dollar index and higher crude oil prices.