Kitco Newsn

(Kitco News) – Safe-haven gold prices are solidly higher in early U.S. futures trading Thursday. Risk aversion is increasing heading into a very uncertain weekend amid the coronavirus outbreak scare that is wreaking havoc in the world marketplace.

(Kitco News) – Gold prices are holding relatively steady and are back within striking distance of an ounce as the U.S. labor market was stronger than expected last month.

(Kitco News) – Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) said Friday that supplies to mines have not been impacted by the coronavirus outbreak around the world, but nevertheless the company is increasing its inventory of key commodities to levels highe…

(Kitco News) – Declining U.S. interest rates and pressure on the U.S. dollar should keep boosting gold prices, said Credit Suisse.

(Kitco News) – Bitcoin-U.S. dollar prices are higher and hit a two-week high in early U.S. trading Friday. The bulls have had a good week this week and have negated a price downtrend on the daily bar chart.

(Kitco News) – Bear Creek Mining (TSX-V:BCM) announced earlier this week that it arranged a $400 million senior secured credit facility with BNP Paribas and Société Générale.

(Kitco News) – Merafe Resources (JSE:MRF) said earlier this week that its full-year ferrochrome production was down 9% due community unrest and increased electricity curtailments from Eskom.

(Kitco News) – Newmont (NYSE:NEM) today announced it completed the sale of its 19.9% equity stake and convertible bond in Continental Gold for $260 million in cash.

(Kitco News) – Gold prices are sharply higher in midday U.S. futures trading Thursday, on keen safe-haven demand as the U.S. stock market is sharply down on the day.

(Kitco News) – On an investment spectrum gold is at the top of the list, energy commodities at the bottom and base metals somewhere in the middle, according to one research firm.