Kitco Newsn

(Kitco News) – If anyone cares: The U.S. economy expanded in line with expectations in the last quarter of 2019, according the final Gross Domestic Product report from the U.S. Commerce Department.

(Kitco News) – First-time U.S. jobless claims skyrocketed in the week to Saturday to a record seasonally adjusted 3,283,000, with a surge after layoffs due to the COVID-19 outbreak, the government said. Spot gold was last up by $21.90 to $1,634.80 an o…

(Kitco News) – McEwen Mining Inc. (NYSE, TSX: MUX) reported early Thursday that operations at the Black Fox and Gold Bar mines will be scaled back for 14 days as a part of the global effort to combat the spread of COVID-19.

(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday, on some morel chart consolidation after recent gains.

(Kitco News) – Many stock bourses around the world have retreated, and Bannockburn Global Forex says this may be a case of buy-the-rumor and sell-the-fact, meaning markets factor in an expected news event and then move the opposite way once it occurs.

(Kitco News) – Barclays anticipates near-zero global economic growth this year due to lockdown measures around the world to combat the COVID-19 pandemic and says risk markets may not sustain rallies until the virus is under control.

(Kitco News) – Gold prices are trading modestly up in early U.S. trading Thursday, on some safe-haven demand and some chart-based buying.

(Kitco News) – The company warns of the impact on its forecast.

(Kitco News) – Barrick had some significant asset sales in 2019 that boosted earnings.

(Kitco News) – Companies with exposure to South Africa and Quebec have faced the most draconian measures with governmental bodies closing operations at mines within their jurisdictions.