Kitco Newsn

(Kitco News) – Now that money managers have hiked their bullish positioning in gold futures by more than 1,100% since late May, some of these traders are likely to sell in order to book profits, analyst said.

(Kitco News) – Gold prices are off their lows but still remain under pressure following stronger-than-expected sentiment within the manufacturing sector, according to the latest report from the Institute for Supply management (ISM).

(Kitco News) – It’s official: Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) and Newmont Goldcorp Corp. (NYSE: NEM; TSX: NGT) have concluded a joint-venture transaction establishing Nevada Gold Mines LLC.

(Kitco News) – Bitcoin-U.S. dollar prices are strongly lower Monday morning, following the cash market’s big weekend losses.

(Kitco News) –

Gold has started the week softer after a weekend Group of 20 meeting rekindled hopes of the U.S. and China averting an all-out trade war, but the metal is likely to attract buying at lower levels, said UBS.

(Kitco News) – Gold prices are solidly lower but off their overnight lows in early U.S. trading Monday.

(Kitco News) – Canadian police are puzzled by the latest heist that saw $1.1 million worth of gold bars and $4,000 U.S. dollars in cash stolen from a home in Ontario — Canada’s most popular province that borders the U.S.

(Kitco News) – The yellow metal tumbled early Monday as Asian markets opened following the news that U.S.-China trade talks will re-start and a surprise meeting between U.S. President Donald Trump and North Korea’s leader Kim Jong Un.

(Kitco News) – Comstock said it will invest $2 million in MCU giving it about two-thirds ownership in the new venture.