Kitco News

(Kitco News) – While off their highs, gold is holding on to decent gains as Federal Reserve Chair Jerome Powell signals that the Federal Reserve could be close to ending its tightening cycle.

Gold prices have moved from near steady levels to trade moderately higher and to their daily highs in midday dealings Wednesday.

(Kitco News) – For the second year in a row, investors remain optimistic that gold will shine in 2019 as they search for stability in an environment of growing uncertainty and volatility, according to a survey conducted by international investment firm…

U.S. Mint sales of gold and silver coins may be on pace for the lowest totals in more than a decade, said the consultancy Metals Focus.

(Kitco News) – The gold market remains on the back foot, struggling to make gains despite little change in an update reading of the U.S. economy.

Gold prices are near steady in early U.S. trading Wednesday and showed no reaction to the release of a major U.S. economic report.

Bitcoin-U.S. dollar prices are higher in early trading Wednesday, on some short covering in the futures market and some perceived bargain hunting in the cash market.

The size of the mining equipment market is set to grow in the next six years, nearly hitting $100 billion by 2024 on rising demand for automated machinery, according to Global Market Insights.

Budgets for gold exploration from across the world are on the rise this year despite lackluster prices, said S&P Global Market Intelligence (SPGMI).