Kitco Newsn

(Kitco News) – What’s really needed for gold prices to skyrocket, and it’s not a recession

(Kitco News) – Gold and silver prices are sharply higher in midday U.S. futures trading Monday, on a corrective bounce following sharp losses posted late last week.

(Kitco News) – Equinox Gold Corp. (TSX, NYSE American: EQX) Monday reported an adjusted profit for the fourth quarter and moved another step closer to a takeover of Leagold Mining Corp. by getting approval from the Mexican government.

(Kitco News) – Money managers began liquidating bullish gold positions during the most recent reporting week for data compiled by the Commodity Futures trading Commission, then the trend likely continued through the end of last week as prices tumbled.

(Kitco News) – Gold prices remained stronger after the Institute for Supply Management said Monday that its headline manufacturing index dipped to 50.1% in February from 50.9% in January. Spot gold was last up $14.20 to $1,599.70 an ounce.

(Kitco News) – The Australian mining sector continues to ride a wave of good news as the nation saw record gold production in 2019 and in the last quarter of the year, according to mining consultancy Surbiton Associates.

(Kitco News) – Gold bounced early Monday from a sell-off late last week, with participants in a range of markets anticipating central bankers will cut interest rates to try to offset damage to the global economy from the coronavirus outbreak.

(Kitco News) – Gold and silver prices are sharply higher in early U.S. futures trading Monday, on a corrective bounce following sharp losses posted late last week.

(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Monday, as the bulls try to stop the recent bleeding.

(Kitco News) – Gold’s recent disappointing performance is not affecting sentiment at the world’s largest mining conference as one market analyst expects prices to continue to push higher through 2020.