Kitco Newsn

(Kitco News) – Gold prices are not far from unchanged on the day in early U.S. trading Tuesday. More chart consolidation and some profit taking by the shorter-term futures traders are featured early this week.

(Kitco News) – Bitcoin-U.S. dollar prices early this week have hit a six-week high. A price uptrend is firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest more gains in the near term.

(Kitco News) – “The juniors are having a really hard time financing right now,” said Hoffmannm, noting that financings below the $10 million mark have “…just completely disappeared in March and April.”

(Kitco News) – Gold imports into China and India continue to surprise on the downside but weak demand is not likely to impact the overall price rally, said Capital Economics.

(Kitco News) – Latin American miner Fortuna Silver said today some staff tested positive for COVID-19.

(Kitco News) – On Friday Grupo Mexico (BMV:GMEXICOB) said its mining division totaled $700 million in EBITDA, a 23.1% decrease compared to the same quarter a year ago.

(Kitco News) – The mining sector is once again mourning the loss of one of its own.

(Kitco News) – Gold and oil have something in common — they are both not going anywhere for now but for very different reasons, according to INTL FCStone, which takes an in-depth view at some major price dislocations in both markets.

Discussion revolves around #covid19, the flooding of the market with money, the development of the #gold price and also the implications on the junior resource sector.

(Kitco News) – Gold prices are moderately down in midday U.S. trading Monday, in a choppy and two-side trading session that is seeing some profit taking from the shorter-term futures traders and some chart consolidation following recent gains.