Kitco Newsn

(Kitco News) – Standard Chartered figures gold was due for a correction lower, but nevertheless sees prices rising to an average of $1,450 an ounce in the fourth quarter.

(Kitco News) – Mixed momentum the U.S. manufacturing sector is not helping to relieve any pressure in the gold as the market is seeing significant selling pressure after hitting a recent six-year high.

(Kitco News) – Gold prices are down in early U.S. trading Wednesday on some normal profit taking and chart consolidation after hitting a six-year high of $1,442.90 in August futures on Tuesday.

(Kitco News) – Internal approvals for an additional $464 million (C$612 million) to build the Kakula Mine in the Democratic Republic of Congo (DRC) were approved.

(Kitco News) – The Volvo Group signed a joint agreement with chip maker NVIDIA last week to develop autonomous commercial vehicles and machines.

(Kitco News) – As we wrote on Tuesday, it looked like the final blow-off for gold in the recent move. Not only did gold rally big and make over six-year highs but finished with the worst pattern of all — a key reversal. It made new highs and closed on…

(Kitco News) – Bitcoin-U.S. dollar prices are strongly higher Wednesday, with gains of around $1,300 today, and hit another 15-month high.

(Kitco News) – Gold’s rally to six-year highs has left silver behind, with fund managers repositioning their exposure to gold amid dovish global monetary policies, trade concerns, and rising geopolitical tensions, according to BMO Capital Markets.

(Kitco News) – Gold’s massive rally is being driven by the markets’ changing perception of economic and geopolitical risks, RBC Capital Markets commodity strategist Chris Louney told Kitco News while warning that a rally of that size does not come with…

(Kitco News) – Gold has been on an impressive run lately but investors should remember although prices are up nearly 10% this month, trading at a six-year high, the metal’s momentum is relatively young.