Kitco Newsn

(Kitco News) – Surging COVID-19 cases through the summer continues to take its toll on the U.S. labor market as 1.3 million Americans filed for first-time jobless claims in the week to Saturday, the Labor Department said Thursday.

(Kitco News) – Gold prices edged up, but were still down on the day, after better-than-expected retail sales from June.

(Kitco News) – (Kitco News) – Gold and silver prices are modestly lower in early U.S. trading Thursday, on some more routine profit taking from the shorter-term futures traders after recent good gains.

(Kitco News) – The gold market remains under modest selling pressure as the ECB hold a steady course on interest rates and extremely accommodative monetary policy.

(Kitco News) – Global lockdown measures in the second quarter, due to the spread of the coronavirus, continue to have a limited impact on gold mining as one of the largest producers in the world said it is on track to achieve its 2020 production targets.

(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term

(Kitco News) – The company forecasts an average annual gold production of 236,000 ounces per year starting in 2025 upon completion of the shaft.

(Kitco News) – Cardinal said Nord Gold’s bid “…will need to be considered in detail by the board, together with the special purpose committee and its financial and legal advisers. Cardinal will provide an update to shareholders as soon as it is able.”

(Kitco News) – The zinc-lead-silver underground mine has a 2,000 tonne per day capacity.

(Kitco News) – As many investors pile into copper futures amid an impressive rally, which saw prices hit two-year highs earlier this week, some analysts are now warning about a price reversal.