Kitco Newsn

(Kitco News) – The initial weekly jobless claims dropped to 209,000 in the week to Saturday, beating expectations, the U.S. Labor Department said.

(Kitco News) – Gold and silver prices are lower in early U.S. trading Thursday, as trader and investor risk aversion is not keen.

(Kitco News) – Bitcoin-U.S. dollar futures prices are lower again in early U.S. trading Thursday. Bears this week have gained some downside technical momentum and are working on establishing a near-term price downtrend.

(Kitco News) – “Recession” searches are up nearly eight-fold.

(Kitco News) – Great Bear is exploring its Dixie Project in the Red Lake District of Ontario.

(Kitco News) – The Next Bull Cycle Has Barely Begun; $3,000 Gold Price May Be Target

(Kitco News) – “The EA approval allows us to devote full focus on the remaining technical studies and permitting, and to prepare for a future construction decision.”

(Kitco News) – The Giant Mine was one of the longest-operating gold mines in Canada. The Government of Canada assumed responsibility for the site when the owners went bankrupt.

(Kitco News) – The gold market appears to be taking a breather as it holds critical support above $1,500 an ounce. However, market analysts at the World Gold Council (WGC) say that the factors that drove gold prices to a six-year high are not going awa…

(Kitco News) – One of the biggest gold price risks at the moment is the metal’s “extremely extended positioning,” said TD Securities.