Kitco Newsn

(Kitco News) – Gold and silver prices are trading higher in early U.S. dealings Friday, on safe-haven buying after fresh developments in China have sapped investor and trader risk appetite heading into a long U.S. holiday weekend.

(Kitco News) – Holdings of gold and silver by global exchange-traded funds are continuing to rise, said BMO Capital Markets. The ETFs trade like a stock but track the price of the commodity

(Kitco News) – Gold prices are stronger early Friday, underpinned news of a Chinese proposal to impose national security laws in Hong Kong, said Commerzbank. The metal is bouncing back after a sell-off on Thursday.

(Kitco News) – Bitcoin-U.S. dollar prices are near steady Friday after seeing a corrective pullback and some chart consolidation from recent gains.

(Kitco News) – Silvercorp is a Canadian company producing silver, lead and zinc from mines in China, where the pandemic began and the first country to institute shutdowns. Silvercorp recently agreed to acquire Guyana Goldfields Inc. (TSX: GUY).

(Kitco News) – AngloGold will acquire 100% interest in the project by paying RenGold a total of $3 million within 36 months.

(Kitco News) – Kirkland also acquired an option on Melkior’s Carscallen Property, located 25 kms west of Timmins.

(Kitco News) – There is a lot of volatility ahead for gold, whether it be this year or this decade, with new investors embracing the precious metal in its traditional or digital forms, according to Digix co-founder and COO Shaun Djie.

(Kitco News) – One of Wall Street’s biggest gold supporters is turning up the heat on its gold forecast, at least a little bit.

(Kitco News) – Gold and silver prices are lower in midday U.S. dealings Thursday, on routine downside corrections following recent gains. Some profit-taking from the shorter-term futures traders was also featured today.