(Kitco News) – Both supply and demand for platinum group metals will suffer “significant damage” during 2020 as a result of the global COVID-19 pandemic, materials maker Johnson Matthey said in a report Monday.
Johnson Matthey: COVID-19 hitting both supply, demand for PGMs Read More »
(Kitco News) – Gold prices have lost overnight gains and are trading down in morning U.S. dealings Monday, after scoring gains overnight and hitting a five-week high.
Gold prices back off on profit taking, upbeat trader attitudes Read More »
(Kitco News) – Money managers trimmed their net-bullish position in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC), which was shortly before a steady price rise that on Monday car…
Money managers trim bullish positioning in gold right before prices start to rise Read More »
(Kitco News) – Gold and silver prices are up in early U.S. trading Monday, with silver sharply higher and hitting an 11-week high. Gold futures hit a five-week high overnight, while the spot gold market saw prices reach a seven-year high.
Gold, silver prices rally in tandem with global equities Read More »
(Kitco News) – Amended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp
Amended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp Read More »
(Kitco News) – Bannockburn Global Forex said the next big upside target for gold is $1,800 an ounce. “A four-day rally lifted the yellow metal above $1,750 ahead of the weekend, its best level since late 2012,” analysts said in a research note.
Bannockburn: ‘next big target is $1,800’ for gold prices Read More »
(Kitco News) – Both the price of gold and amount of metal held by global exchange-traded funds keep rising, said BMO Capital Markets. As of 7:53 a.m. EDT, spot metal was up $18.90 to $1,761.10 an ounce.
BMO: price of gold, ETF holdings both rising Read More »
(Kitco News) – Key events that financial markets will be focusing on this week include minutes of the late-April meeting of the Federal Open Market Committee, a heavy slate of Fed speakers and another expected large rise in U.S. initial jobless claims
BBH: markets to focus on Powell, Fed minutes, jobless claims this week Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are steady to higher Monday. A price uptrend is still firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest sideways to higher price action in the near te…
Bitcoin daily chart alert – Bulls in keeping chart advantage – May 18 Read More »
(Kitco News) – Centamin Plc (TSX: CEE; LSE: CEY) said Monday that operations have not been interrupted by the COVID-19 pandemic so far and the company is maintaining its guidance for the full year, although it deferred some capital expenditures.
Centamin maintains guidance but defers some capital expenditures Read More »
