Kitco Newsn

(Kitco News) – Coronavirus fearmongers are like “storm watchers,” stop overreacting says Gerald Celente

(Kitco News) – The gold market is seeing renewed selling pressure as sentiment in the manufacturing sector pushed significantly higher in December, according to the latest data from the Institute for Supply Management (ISM).

(Kitco News) – Large speculators reduced their net-bullish positioning in gold futures modestly for the second week in a row, based on data compiled for the most recent reporting week for the Commodity Futures Trading Commission (CFTC).

(Kitco News) – Gold and silver prices are moderately weaker in early U.S. futures trading Monday. The safe-haven metals are under some pressure from a rebound in the U.S. stock market to start the trading week

(Kitco News) – Bitcoin-U.S. dollar prices are steady to firmer in early U.S. trading Monday, but did poke to a three-month high overnight. The recent sideways and choppy price action, or pause, is not bearish.

(Kitco News) – Gold prices fell in overseas trading early Monday when the expected demand in China failed to materialize and profit-taking set in, said Afshin Nabavi, head of trading with MKS.

(Kitco News) – “The big issue to me is the debt. The debt is so large we can’t approach anything like normalized interest rates.”

(Kitco News) – Global financial markets are taking the further escalation in the coronavirus in stride as S&P 500 futures start the new trading week in slightly positive territory.

(Kitco News) – Atlantic Canada junior Osprey Gold (TSXV:OS) ended the week four cents higher at 8 cents a share after releasing drill results.

(Kitco News) – Endeavour Silver said today that silver production is expected to range from 3.0 to 3.5 million ounces (oz) and gold production is anticipated be in the 38,000 to 44,000 oz range in 2020.