Kitco Newsn

(Kitco News) – Unprecedented economic conditions caused by the COVID-19 pandemic will continue to support gold and silver prices at least through the first half of 2021, according to the latest research from Swiss refiner MKS PAMP Group.

(Kitco News) – Gold prices are moderately higher in early U.S. trading Tuesday as bulls are out of the gate in good fashion this week.

(Kitco News) – Holdings of gold by the world’s exchange-traded funds keeps rising, with concerns about further increases in COVID-19 cases around the world generating uncertainty and thus creating “brisk demand” for the precious metal as a safe haven.

(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Tuesday after posting good gains Monday. Bulls have regained some momentum early this week.

JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.

(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday

(Kitco News) – Current prices would put the find at about $2,257.

(Kitco News) – “It’s over,” Navarro told Fox News in an interview when asked about the trade agreement. He said the “turning point” came when the United States learned about the spreading coronavirus only after a Chinese delegation had left Washington …

(Kitco News) – Venezuela’s central bank is suing the Bank of England (BoE) to get access to its London-stored gold that is worth more than $1 billion.

(Kitco News) – Estimated life-of-mine annual gold production is now 311,000 ounces instead of last year’s estimated 441,000 ounces, a 29% reduction.