Kitco News
Palladium Prices Hit New Record, Rhodium Pushes To 5-Year High
Fri, 16 Nov 2018 19:48:41 GMT
(Kitco News) - Palladium and rhodium continue to be the two shining starts in the precious metals sector, both seeing surging momentum this week due to a growing imbalance in their supply and demand fundamentals.

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Global Growth Concerns To Drive Gold Prices Near-Term – Analysts
Fri, 16 Nov 2018 18:25:28 GMT
(Kitco News) - Optimism in the gold market is picking up as prices bounced off critical support to end the week in positive territory.

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Wall Street and Main Street are both bullish in the weekly Kitco News gold survey.
Fri, 16 Nov 2018 16:38:19 GMT
Fifteen market professionals took part in the Wall Street survey. Nine respondents, or 60%, predicted higher prices by next Friday. There were three votes, or 20%, for both lower and sideways prices.

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Solid Gold Gains As U.S. Stock Market Wobbles, USDX Sinks
Fri, 16 Nov 2018 13:12:47 GMT
Gold prices are slightly higher in early U.S. trading Friday, on some mild support from U.S. stock indexes that are pointed toward lower openings when the New York day session begins.

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GFMS: Global Silver-Market Surplus Increasing In 2018
Fri, 16 Nov 2018 14:14:34 GMT
The surplus in the global silver market will rise to 35.3 million ounces in 2018, an increase from 2.4 million in 2017, the GFMS team at Refinitiv reported late Thursday.

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Commerzbank: Palladium Creeps Closer to Gold Price
Fri, 16 Nov 2018 13:17:09 GMT
Palladium prices hit a record high Thursday and at one point were within $30 an ounce of gold, Commerzbank says, although the spread has since widened again.

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Bitcoin Investors In For More Pain As Prices Hit 13-Month Low Below $6,000
Thu, 15 Nov 2018 20:43:39 GMT
(Kitco News) - The digital currency market is attracting new attention of the wrong kind as market analysts warn that they see further declines in the near-term as the new downtrend picks up momentum.

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Bitcoin Daily Chart Alert - Bulls Work To Stop The Bleeding - Nov. 16
Fri, 16 Nov 2018 13:09:08 GMT
Bitcoin-U.S. dollar prices are slightly up early Friday after careening to a new low for the year on Wednesday.

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Dow Leads as Stocks Rally Out of the Red
Fri, 16 Nov 2018 16:09:35 GMT
The Dow Jones Industrial Average traded higher Friday leading the other major indices from an early morning dip

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Emirate Palace Splashes Out $130K A Year On Its Gold Ceiling
Fri, 16 Nov 2018 03:12:25 GMT
The lavish 5-star luxury hotel Emirates Palace in Abu Dhabi spends $130,000 a year for the upkeep of its bespoke 6,560 square feet ceiling embellished with 22-carat gold and silver leaves.

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Switzerland Wants More Gold Trade Transparency
Fri, 16 Nov 2018 03:23:15 GMT
The Swiss Federal Council is calling for more transparency when it comes to its future gold imports, citing concerns around environmental and human rights violations.

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Where Is Gold Headed Next Week? VOTE NOW!
Wed, 14 Nov 2018 18:21:45 GMT
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term

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Brazilian Official: Mining Projects Are 'National Priorities'
Mon, 05 Nov 2018 16:51:27 GMT
(Kitco News) - While the world continues to react to the election of Brazilian populist president Jair Bolsonaro, some government officials don’t expect this to have much impact on the nation’s plan to develop its national resource.

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Gold prices hit 1-week high amid Brexit turmoil
Fri, 16 Nov 2018 12:03:51 GMT
Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.

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Sandstorm Gold To Buy Back 10% Of Shares
Thu, 15 Nov 2018 14:03:14 GMT
Royalty company Sandstorm Gold Ltd. (NYSE American: SAND, TSX: SSL) announces that its board of directors has approved the purchase of up to 18.3 common shares by the end of 2019, subject to approval by the Toronto Stock Exchange.

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Gold, Silver Prices Up Amid Wobbly U.S. Stock Market
Thu, 15 Nov 2018 17:57:52 GMT
(Kitco News) - Gold and silver prices are modestly higher in early-afternoon U.S. trading Thursday. Some worries about the health of the U.S. stock market, following the recent sell-offs and increased volatility, are supporting the safe-haven metals.

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Standard Chartered: Gold ETF Buyers Return To Market
Thu, 15 Nov 2018 15:29:13 GMT
Exchange-traded fund investors have returned to the gold market, says Standard Chartered.

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Gold Prices Holding Above $1,200 Following Stronger Than Expected U.S. Retail Sales Numbers
Thu, 15 Nov 2018 13:34:41 GMT
(Kitco News) - The gold market continues to hug critical psychological support above $1,200, following stronger-than-expected retail sales figures last month.

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Bitcoin Daily Chart Alert - Prices Crash To New Low For 2018 - Nov. 15
Thu, 15 Nov 2018 13:20:03 GMT

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Gold Moves Little After U.S. Jobless Claims Rise 2,000 To 216,000
Thu, 15 Nov 2018 13:35:18 GMT
Kitco News reports on U.S. jobless claims in week to Nov. 10

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New York Fed Empire State Survey Rises to 23.2 In November
Thu, 15 Nov 2018 13:46:23 GMT
(Kitco News) - The New York region’s manufacturing sector is seeing strong momentum according to the latest data from the New York Federal Reserve.

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Gold Holding Slight Gains After Batch Of U.S. Data
Thu, 15 Nov 2018 13:20:57 GMT
Gold prices are trading near unchanged in early U.S. trading Thursday, pressured just a bit by solid gains in the U.S. dollar index today.

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Bitcoin Plummets To Lowest Level In Over A Year, Trades Below $6,000
Thu, 15 Nov 2018 00:50:58 GMT
Bitcoin prices tumbled below the key support level of $6,000, hitting the lowest level in more than a year following an almost volatility-free three months.

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Philadelphia Fed Manufacturing Index Falls To 12.9 In November
Thu, 15 Nov 2018 13:45:45 GMT
Kitco News reports on Philadelphia Federal Reserve business index for November

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Pink Diamond Auctioned Off For A Record $50 Million
Thu, 15 Nov 2018 03:19:27 GMT
Christie's has auctioned off the 'Pink Legacy' 19-carat diamond for a world record price of $50 million, the auction house said.

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Paulson & Co. Maintains Gold Position In Q3
Wed, 14 Nov 2018 20:56:38 GMT
(Kitco News) - The hedge fund Paulson & Co., overseen by well-known hedge fund manager John Paulson, stayed the course on its position in the world’s largest gold exchange-traded fund during the third quarter even though gold prices saw a sharp decline.

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Wheaton Precious Metals Reports Smaller 3Q Adjusted Profit
Wed, 14 Nov 2018 23:11:05 GMT
Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Wednesday reported a smaller third-quarter adjusted profit as revenue fell on lower sales volume and lower gold and silver prices.

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Ray Dalio Continues To Be A Strong Believer In Gold
Wed, 14 Nov 2018 17:00:21 GMT
(Kitco News) - The gold market continued to have some powerful allies even as the yellow metal struggled to find momentum in the third quarter.

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The Return Of Fear And The Flight To Safety
Tue, 13 Nov 2018 16:55:20 GMT
The sentiment from the Silver & Gold Summit in San Francisco was one of fear – the nosedive that equities took in October has understandably shaken investors’ confidence in the stock markets.

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Gold Prices Pop Higher On Short Covering, Bargain Hunting
Wed, 14 Nov 2018 18:11:11 GMT
Gold prices are moderately up and trading at their daily highs in early-afternoon U.S. trading Wednesday.

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Weak Global iPhone Sales Could Boost Gold’s Safe-Haven Appeal - FXTM
Wed, 14 Nov 2018 15:24:48 GMT
(Kitco News) - Negative sentiment continues to build around tech giant Apple (Nasdaq: AAPL), and some analysts have warned that slower iPhone sales could have broader implications on global growth that could benefit safe-haven assets like gold.

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Pan American Agrees To Acquire Tahoe Resources For $1.07 Billion
Wed, 14 Nov 2018 13:15:50 GMT
Pan American Silver Corp. (Nasdaq, TSX: PAAS), the world’s second-largest primary silver producer, will acquire Tahoe Resources Inc. (NYSE: TAHO; TSX: THO) in a $1.07 million stock-cash deal announced by the two companies Wednesday.

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Iamgold Reports Work Stoppage At Rosebel Gold Mine
Wed, 14 Nov 2018 13:32:03 GMT

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Gold Prices Unchanged Following In-Line CPI Data
Wed, 14 Nov 2018 13:32:43 GMT
(Kitco News) - Gold prices remain on the back foot, unchanged on the day and trying to hold above critical psychological support at $1,200 an ounce following in-line consumer inflation data last month.

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Gold To Move Higher In 2019, But Don’t Expect Fireworks - Metals Focus
Tue, 13 Nov 2018 20:29:55 GMT
(Kitco News) - Gold prices are expected to quietly move higher through the rest of the year into 2019, but investors shouldn’t expect to see fireworks as there currently isn’t an urgency for diversification, said one of the world’s top precious metals consultancy firms.

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Bitcoin Daily Chart Alert - Prices Drop To 4-Week Low Wednesday - Nov. 14
Wed, 14 Nov 2018 13:19:12 GMT
Bitcoin-U.S. dollar prices are lower and hit a four-week low Wednesday.

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Gold Near Steady Following Tame CPI Data; Silver Drops To Nearly 3-Year Low
Wed, 14 Nov 2018 13:33:00 GMT
Gold prices are near unchanged and hovering just above $1,200.00 in early U.S. trading Wednesday.

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Look To Buy Gold On Dips As Inflation Could Shock Markets - Aberdeen Standard Investments
Tue, 13 Nov 2018 17:50:12 GMT
(Kitco News) - King Dollar will rule over gold prices in the near-term, but the yellow metal will continue to be an important diversifier and safe-haven asset for investors in the long-term according to one fund manager.

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'We Don’t Know What Kind of Brexit We Will Eventually Have' - ECB
Wed, 14 Nov 2018 03:54:40 GMT
Brexit is making headlines again and the uncertainty on whether or not negotiations between UK and EU officials will lead to an agreement has kept the European economy on edge.

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France Wants In On UK's Gold Trade As Brexit Date Approaches - Reports
Wed, 14 Nov 2018 04:11:33 GMT
France wants to play a bigger role in the international bullion market by capturing part of London’s global gold trade following Brexit, according to British news reports.

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Investors To Jump Back Into Gold As U.S. Dollar Rally Proves Temporary - Analyst
Wed, 14 Nov 2018 01:09:28 GMT
Gold is looking to end a year on a strong note, according to one long-standing gold bull, who sees the recent strength in the U.S. dollar and the U.S. real rates as only temporary.

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Gold Prices Suffer As Investor Fears Remain Low - Degussa
Tue, 13 Nov 2018 14:54:41 GMT
(Kitco News) - A lack of fear in financial markets is keeping a lid on gold prices, according to Europe’s largest precious-metals retailer.

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Gold/Silver Ratio Hits 25-Year High; Silver Underperforms
Tue, 13 Nov 2018 15:40:20 GMT
The gold/silver ratio has risen to its highest level in roughly a quarter century, with silver suffering from both weakness in precious metals lately but also dragged down by pessimism about base metals.

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Gold, Silver Prices Near Steady On Conflicting "Outside Market" Forces
Tue, 13 Nov 2018 17:42:00 GMT
Gold and silver prices recouped mild early losses to trade around unchanged levels on the day, in early-afternoon dealings Tuesday.

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TDS: Gold Break Below $1,190 Could Trigger More Selling
Tue, 13 Nov 2018 13:30:07 GMT

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U.S. Dollar Strength Is Unsustainable - Broadway Gold
Mon, 12 Nov 2018 18:29:12 GMT
(Kitco News) - While all commodities are suffering under the boot heel of a surging U.S. dollar, one junior explorer CEO sees the potential for gold and silver to shine as the current environment is unsustainable.

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Gold Analysts Are Watching U.S. Dollar, Global Macro Data
Mon, 12 Nov 2018 23:47:04 GMT
With the U.S. midterm election and the latest Federal Reserve decision out of the way, gold analysts are now switching focus to the U.S. dollar and global macro data releases— the two biggest triggers that could impact gold in the short-term, according to TD Securities.

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Bitcoin Mining Takes Three Times More Energy Than Gold Mining - Study
Tue, 13 Nov 2018 02:42:27 GMT
It takes three times as much energy to produce one dollar’s worth of bitcoin than one dollar’s worth of gold, according to a new research study.

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Bitcoin Daily Chart Alert - Bears Maintaining Technical Advantage - Nov 13
Tue, 13 Nov 2018 12:39:28 GMT

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Gold Prices Drop Below $1,200, Hit 4-Wk. Low, On Technical Selling, Strong Greenback
Tue, 13 Nov 2018 13:20:20 GMT
Gold prices are modestly down and hit another four-week low below $1,200.00 in early U.S. trading Tuesday.

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Money Managers Trim Bearish Gold Position But May Have Gone Back
Mon, 12 Nov 2018 15:09:04 GMT
Money managers trimmed their bearish positioning in gold during the most recent reporting week for data compiled by the Commodity Futures Trading Commission, although these accounts have likely reversed course since and are accumulating bearish positions again, analysts said.

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Gold, Silver Prices Hit Multi-Week Lows Amid Strong Greenback
Mon, 12 Nov 2018 17:53:12 GMT
Gold and silver prices are moderately down and have hit four-week and eight-week lows, respectively, in early-afternoon U.S. trading Monday.

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Bitcoin Daily Chart Alert - Dead Calm - Nov. 12
Mon, 12 Nov 2018 13:36:30 GMT

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BBH: U.S. Dollar Remains Strong In Wake Of FOMC
Mon, 12 Nov 2018 13:33:01 GMT
The U.S. dollar rally has resumed in the wake of last week’s meeting of the Federal Open Market Committee, says Brown Brothers Harriman. “U.S. rates are headed higher

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Gold Drops To 4-Wk. Low Amid Surging U.S. Dollar
Mon, 12 Nov 2018 13:15:20 GMT
Gold prices are modestly down and hit a four-week low in early U.S. trading Monday, pressured by a very strong U.S. dollar on the foreign exchange market.

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Gold Investors Need To Keep An Eye On Oil Prices Next Week
Fri, 09 Nov 2018 19:14:08 GMT
(Kitco News) - Gold has given up its October gains and analysts say that it will be difficult for the yellow metal to rally as oil prices fall into bear-market territory, according to some commodity analysts.

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Gold Extends Earlier Losses To Trade Sharply Lower
Fri, 09 Nov 2018 16:50:49 GMT

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Wall St. Flips To Bearish On Gold; Main St. Still Bullish
Fri, 09 Nov 2018 16:18:55 GMT
Wall Street changed its near-term outlook on gold prices and now looks for the metal to continue to decline on an expectation for more U.S. rate hikes, although Main Street still leans bullish, according to the weekly Kitco News gold survey.

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Gold Prices Down Nearly 1% Following Hotter-Than-Expected PPI
Fri, 09 Nov 2018 13:35:10 GMT
(Kitco News) - Gold prices remain under pressure and are trading at session lows after producer price inflation came in much hotter than expected.

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Pretium Reports Year-On-Year Rise In 3Q Profit
Fri, 09 Nov 2018 13:23:16 GMT
Pretium Resources Inc. (TSX, NYSE: PVG), which operates the Brucejack Mine in British Columbia that began commercial production in July 2017, reports adjusted earnings rose to $26.3 million, or 14 cents per share, in the third quarter, up from $14 million

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One Factor That Could Derail The Fed Tightening Path - Axel Merk
Thu, 08 Nov 2018 21:01:22 GMT
(Kitco News) - October’s equity correction, the biggest drop since the 2008 financial crisis, wasn’t enough to derail the Federal Reserve’s plan to gradually raise interest rates.

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Bitcoin Daily Chart Alert - Bulls Fade Late This Week - Nov. 9
Fri, 09 Nov 2018 12:41:59 GMT

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Gold, Silver Prices Pressured As Crude Oil Market Melts Down
Fri, 09 Nov 2018 13:38:35 GMT
Gold and silver prices are solidly lower in early U.S. trading Friday.

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Silver To Surprise With A Rally By Year-End - Analyst
Thu, 08 Nov 2018 20:56:39 GMT
Silver is looking to outperform gold for the rest of the year, according to one gold bull, who is seeing strength in the precious metal that has struggled this year.

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Where Is Gold Headed Next Week? VOTE NOW!
Wed, 07 Nov 2018 15:33:50 GMT
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term

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The BoE Refuses To Release Venezuela’s Gold Worth $550 Million - Reports
Thu, 08 Nov 2018 17:04:49 GMT
The Bank of England (BoE) is reportedly refusing to release gold bars worth just over $550 million to President Nicolas Maduro, who fears that U.S. sanctions against Venezuela would restrict access to that gold in the future, according to media reports.

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Gold, Silver Weaker As U.S. Dollar Index Gains; Little Reaction To FOMC
Thu, 08 Nov 2018 19:07:25 GMT
Gold and silver prices are just modestly lower in early-afternoon U.S. trading Thursday.

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Gold Prices Down, But Not Out After Fed Leaves Rates Unchanged
Thu, 08 Nov 2018 19:05:29 GMT
The gold market, while down on the day, is seeing little reaction after the Federal Reserve left interest rates unchanged but set the stage for another interest rate hike in December.

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EY: Mining Executives Expect Increased M&A Activity In Next Year
Thu, 08 Nov 2018 15:40:20 GMT
Merger-and-acquisition activity in the mining sector is likely to pick up in the next year, said the consultancy EY in a report Thursday.

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Gold Remains Softer After U.S. Jobless Claims Dip 1,000 To 214,000
Thu, 08 Nov 2018 13:34:45 GMT
Gold remained modestly softer after Labor Department data Thursday showed that initial weekly U.S. jobless claims fell by 1,000 to a seasonally adjusted 214,000 in the week to Saturday. Spot gold was last down $3 to $1,223.10 an ounce.

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Asanko Gold Lists 3Q Loss, Record Production
Thu, 08 Nov 2018 14:12:19 GMT

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Hecla Mining Reports 3Q Loss As Metals Prices Decline
Thu, 08 Nov 2018 13:03:31 GMT
Hecla Mining Co. (NYSE: HL) Thursday reported a net loss for the third quarter as silver output fell and the price of all four of the metals produced by the company declined.

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Kinross Gold Reverses To Loss In Third Quarter
Thu, 08 Nov 2018 01:00:35 GMT

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Gold, Silver Weaker; FOMC Conclusion Awaited
Thu, 08 Nov 2018 13:17:16 GMT
Gold and silver prices are modestly lower in early U.S. trading Thursday.

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Bitcoin Daily Chart Alert - Bulls Working On Price Uptrend - Nov. 8
Thu, 08 Nov 2018 13:06:56 GMT

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Man Pleads Guilty To 2015 Montreal Port Silver Heist
Thu, 08 Nov 2018 13:52:37 GMT

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Gold, Silver See Slight Gains On Weaker Greenback
Wed, 07 Nov 2018 18:45:47 GMT
Gold and silver prices are slightly higher, but well down from earlier daily highs, in early-afternoon U.S. trading Wednesday.

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Gold Benefiting From Weaker U.S. Dollar Following U.S. Midterms
Wed, 07 Nov 2018 15:43:26 GMT
(Kitco News) - A shift in the political landscape following Tuesday’s midterm elections in the U.S. is only having a material impact on gold prices as the U.S. dollar loses some momentum.

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Here's Why Australian Gold Mining Sector Is In Great Shape
Wed, 07 Nov 2018 14:07:31 GMT
Australia’s weak currency is the key behind the country’s gold mining success, which is seeing new exploration and low debt levels, according to RBC Capital Markets.

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Correction: Two Low-Cost Gold ETFs See AUM Exceed $300 As Investors Look For Safe-Havens
Tue, 06 Nov 2018 20:17:07 GMT
(Kitco News) -Investors appear to be the clear winners in the ongoing fee war among gold-backed exchange traded funds.

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Tahoe Reports 3Q Loss, $170 Million Impairment For Escobal Mine
Wed, 07 Nov 2018 13:44:00 GMT
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) lists a third-quarter loss as results continue to be hurt by suspension of operations at the giant Escobal silver mine in Guatemala.

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First Majestic Posts 3Q Adjusted Loss As Silver Prices Fall
Wed, 07 Nov 2018 13:04:42 GMT
First Majestic Silver Corp. (NYSE: AG; TSX: FR) posted record production in the second quarter, although the company ended with an adjusted loss as silver prices fell, the company said Wednesday.

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Commerzbank: Gold To Benefit Long Term From U.S. Election Outcome
Wed, 07 Nov 2018 14:06:48 GMT
Gold may well benefit two ways from U.S. midterm elections, says Commerzbank. Democrats won control of the House of Representatives, although Republicans maintained the Senate.

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Gold, Silver Prices Pop On U.S. Dollar Drop
Wed, 07 Nov 2018 13:31:45 GMT
Gold and silver prices are moderately higher in early U.S. trading Tuesday, boosted by a sharp drop in the U.S. dollar index today.

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Bitcoin Daily Chart Alert - Prices Hit 3-Week High Wednesday - Nov. 7
Wed, 07 Nov 2018 13:11:04 GMT

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MENE Set For TSX DEBUT On November 6
Mon, 05 Nov 2018 15:38:56 GMT
Roy Sebag the visionary behind GoldMoney is taking aim at the jewelry sector and looking to disrupt Western views on gold with his latest venture, Mene, set to make its TSX debut on November 6.

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Pan American Silver Reports 3Q Loss On Inventory Adjustments
Wed, 07 Nov 2018 03:50:51 GMT
(Kitco News) - Pan American Silver Corp. (Nasdaq: PAAS, TSX: PAAS), the world’s second-largest primary silver producer, late Tuesday reported that it flipped to a loss in the third quarter, hurt by lower metals prices and their impact on “net realizable value” inventory adjustments.

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B2Gold Adjusted Profit Triples With Added Output From Fekola
Wed, 07 Nov 2018 04:00:18 GMT
(Kitco News) - B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G), which bills itself as the newest senior gold producer, late Tuesday reported a sharply higher adjusted profit in the third quarter as output soared from a year ago after the opening of the Fekola Mine in Mali in 2017.

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Iamgold Reports 3Q Loss As Production Slips
Wed, 07 Nov 2018 03:38:26 GMT
(Kitco News) - Iamgold Corp. (TSX: IMG; NYSE: IAG) late Tuesday reported a loss for the third quarter as revenues came in lower than in the same period a year ago, with both production and gold prices weaker but costs higher.

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Gold To Climb 7% Regardless Of Where Stocks Are Headed - Wells Fargo
Tue, 06 Nov 2018 18:02:30 GMT
Gold is due for a comeback even if the global equities space rallies following a recent correction, according to Wells Fargo, which projects to see the precious metal rise another 7% from current levels.

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'Soggy' Fundamentals Will Keep A Lid On Gold Prices - Macquarie
Tue, 06 Nov 2018 16:07:55 GMT
(Kitco News) - The gold market could struggle through the rest of the year as there is a lack of fundamental reasons to push prices higher, according to one Australian Bank.

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Gold, Silver Pressured By Firmer USDX, Rally In U.S. Stock Market
Tue, 06 Nov 2018 18:05:20 GMT
Gold and silver prices are moderately lower in early-afternoon U.S. trading Tuesday.

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ETF Gold Holdings Rise In Oct. For First Time In Four Months
Tue, 06 Nov 2018 14:08:16 GMT
Gold holdings in global exchange-traded funds and similar products rose in October by 16.5 tonnes for the first monthly inflow in four months, the World Gold Council reported Tuesday.

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Split Congress Would Be Best Scenario For Markets - Analysts
Tue, 06 Nov 2018 15:54:29 GMT
(Kitco News) - American voters are heading to the polls today to cast their ballot in the much-anticipated midterm elections.

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Silver's Fundamentals Strong As Electronics Sector Drives Industrial Demand - Heraeus
Tue, 06 Nov 2018 17:46:29 GMT
(Kitco News) - Although silver prices have significantly disappointing expectations this past year, one precious metals specialist said that growing industrial demand will continue to support the market and eventually attract investors.

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Commerzbank: Indian Gold Buying Eases; Chinese Demand Strong
Tue, 06 Nov 2018 13:51:54 GMT

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Franco-Nevada Reports Third-Quarter Profit
Tue, 06 Nov 2018 13:19:23 GMT
Royalty and streaming company Franco-Nevada (NYSE, TSX: FNV) reports third-quarter adjusted net income of $54.6 million, or 29 cents a share, down from $55.3 million

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Gold Dips As USDX, U.S. Stock Indexes Recover Early Losses
Tue, 06 Nov 2018 15:51:35 GMT
Gold prices have lost early gains and are trading modestly down in late-morning action Tuesday.

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Bitcoin Daily Chart Alert - Bulls Trying To Start Price Uptrend - Nov 6
Tue, 06 Nov 2018 13:09:49 GMT
Bitcoin-U.S. dollar prices are slightly higher in early U.S. trading Tuesday.

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Gold Has The Most To Gain If Equities See Further Losses - Bloomberg Intelligence
Mon, 05 Nov 2018 21:27:15 GMT
From all the precious and base metals, gold has the most to gain if equities see further losses, said Bloomberg Intelligence (BI), which is not ruling out the $1,400 an ounce level for gold.

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Gold Prices Gain As U.S. Dollar Rally Pauses
Tue, 06 Nov 2018 13:30:18 GMT
Gold prices are moderately higher in early U.S. trading Tuesday, supported in part by the U.S. dollar index backing down from the 16-month high scored last week.

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Specs Rebuild Bearish Gold Positions, But This Could Be Temporary
Mon, 05 Nov 2018 15:43:17 GMT
Large speculators rebuilt their bearish positioning in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission, yet this may have been a temporary phenomenon, with prices since rising again amid a fall in the U.S. dollar, analysts said.

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Commodities Are Breaking Out Of Their 'Perfect Storm' Of Underperformance - VanEck
Mon, 05 Nov 2018 17:36:51 GMT
The “proverbial perfect storm” of underperformance in the natural resource sector peaked in the third quarter, with the market now looking historically attractive, according to investment management firm VanEck.

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99.8% Of Barrick Shareholders Support Randgold Merger
Mon, 05 Nov 2018 18:12:01 GMT
(Kitco News) - Nearly 100% of Barrick Gold Corporation shareholders (NYSE: ABX, TSX: ABX) voted in favor of a merger with Randgold Resources, clearing one more hurdle that paves way for the creation of the world’s biggest gold producer.

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Gold, Silver Prices Weaker in Choppy Trading Session
Mon, 05 Nov 2018 17:53:39 GMT
Gold and silver prices are modestly lower in early-afternoon U.S. trading Monday, in a choppy, two-sided trading session.

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Gold Sees Little Reaction To ISM Non-Manufacturing Data
Mon, 05 Nov 2018 15:04:05 GMT
(Kitco News) - Gold investors are keeping a low profile ahead of Tuesday’s U.S. mid-term election, as the market sees little reaction to strong positive sentiment in the U.S. service sector according to the latest data from the Institute of Supply Management (ISM).

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Gold Prices Push Above Unchanged As USDX Hits Daily Low
Mon, 05 Nov 2018 15:14:35 GMT
The gold market has erased moderate early losses and is trading slightly up in late-morning action Monday.

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BBH: 'Split Congress Is The Favored Outcome For Markets'
Mon, 05 Nov 2018 13:25:51 GMT
Polls suggest Congress may be split after Tuesday’s midterm elections, but then a “split Congress is the favored outcome for markets,” says Brown Brothers Harriman

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Alamos Reports New Mineralization At Island Gold Mine
Mon, 05 Nov 2018 14:09:04 GMT
Alamos Gold Inc. (TSX, NYSE: AGI) reports that its drilling program has discovered an extension of high-grade mineralization at the Island Gold Mine.

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Bitcoin Daily Chart Alert - Sideways Grind In Prices Continues - Nov. 5
Mon, 05 Nov 2018 12:58:51 GMT

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What Central Banks Bought Gold In 2018?
Fri, 02 Nov 2018 17:11:00 GMT
Central banks are not only purchasing more gold than in recent years, but a number of new buyers have entered the fray.

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A Personal Experience of Buying 24K Gold Jewelry Online
Mon, 29 Oct 2018 13:33:41 GMT
I vividly remember during a summer vacation when I swapped with a best friend of the moment, my gold bracelet for a silver one. I thought a bracelet, was a bracelet – a gesture of friendship.

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Gold, Silver Prices Weaker As Busy Trading Week Looms
Mon, 05 Nov 2018 13:30:08 GMT
Gold and silver prices are moderately lower in early U.S. trading Monday, as what will likely be a very active trading week gets under way.

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Gold Analysts Watching For Surprises As U.S. Midterm Elections, Fed Meeting Near
Fri, 02 Nov 2018 19:30:50 GMT
Analysts are focusing on next week’s midterm elections in the U.S. and the Federal Reserve’s monetary policy meeting as gold tries to hold significant support above the $1,230 an ounce level.

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U.S. Midterms Keeping Gold Investors On Their Toes
Fri, 02 Nov 2018 16:25:34 GMT
Wall Street looks for gold prices to rise next week, although many in the weekly Kitco News gold survey also described themselves as neutral at the moment due to uncertainty surrounding U.S. midterm elections on Tuesday.

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Gold Weaker Following Strong U.S. Jobs Growth
Fri, 02 Nov 2018 13:45:37 GMT
Gold prices are modestly lower in early U.S. trading Friday, in the immediate aftermath of a very upbeat U.S. jobs report that falls into the camp of the U.S. monetary policy hawks

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Standard Chartered: Gold Sought As Safe Haven Ahead Of U.S. Midterms
Fri, 02 Nov 2018 14:12:30 GMT
Standard Chartered says gold has reasserted its safe-haven status ahead of U.S. midterm elections next week and in response to October weakness in the stock market.

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U.S. Dollar Weakness To Drive Gold, Silver Higher In 2019 - Natixis
Thu, 01 Nov 2018 20:35:56 GMT
The U.S. dollar and economic growth can’t keep going up indefinitely and next year will be the time for a slowdown, according to one French bank, which is bullish on gold and silver in 2019.

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Iamgold: Feasibility Study Points To Improved Côté Gold Economics
Fri, 02 Nov 2018 13:22:07 GMT

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Bitcoin Daily Chart Alert - Quiet Trading At Present - Nov. 2
Fri, 02 Nov 2018 13:05:07 GMT

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Silver's Time Will Come; TDS Sees Silver Outperforming Gold In 2019
Thu, 01 Nov 2018 17:36:44 GMT
(Kitco News) - Silver has not been the shining metal that TD Securities was expecting it to be in 2018, but the firm is not giving up on the precious metal as analysts see it outperforming gold in 2019.

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Gold Prices Under Pressure As U.S. Economy Creates 250K Jobs In October
Fri, 02 Nov 2018 13:33:50 GMT
(Kitco News) - The gold market is seeing a little selling pressure following stronger than expected U.S. employment data.

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Where Is Gold Headed Next Week? VOTE NOW!
Wed, 31 Oct 2018 16:23:20 GMT
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term

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Gold Demand 'Steady' As Physical Buying Offsets ETF Outflows In Q3 - WGC
Thu, 01 Nov 2018 14:01:21 GMT
Gold demand was largely unchanged in the third quarter of the year, as massive gold-backed exchange-traded-fund (ETF) outflows were offset by consumers taking advantage of lower gold prices, the World Gold Council (WGC) said in its Gold Demand Trends report.

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Janet Yellen Throws Shade As Bitcoin Turns 10 Years Old
Thu, 01 Nov 2018 19:28:57 GMT
Cryptocurrencies have no place in the global economy as a legitimate unit of money, this according to Janet Yellen, former Chair of the Federal Reserve.

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Gold, Silver Prices Powered Up By Pummeled Greenback
Thu, 01 Nov 2018 18:05:49 GMT
Gold and silver prices are posting strong gains in early-afternoon U.S. trading Thursday.

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Gold Prices Above $1,230 After ISM Manufacturing Index Misses Expectations
Thu, 01 Nov 2018 15:04:26 GMT
Gold prices ticked up and were trading near daily highs after the headline manufacturing index from the Institute for Supply Management missed expectations and came in at 57.7% in October.

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'Halloween Candy Price Inflation To Rise From The Dead' - IHS Markit
Wed, 31 Oct 2018 21:28:44 GMT
‘Halloween Candy Price Inflation To Rise From The Dead’ - IHS Markit

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Royal Gold Reports Decline In Revenue, Net Income
Thu, 01 Nov 2018 13:42:45 GMT
Streaming and royalty company Royal Gold, Inc. (Nasdaq: RGLD) reports that revenue fell 11.1% year-on-year to $100 million in its fiscal quarter, as volume of 82,400 gold-equivalent ounces was down by 6.4%. Lower gold and copper prices also played a role.

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Coeur Mining Posts Loss During Third Quarter
Thu, 01 Nov 2018 13:02:58 GMT
Coeur Mining, Inc. (NYSE: CDE) posted a loss in the third quarter on lower metals prices and a dip in production due to temporary factors at two mines, the company said late Wednesday.

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Gold Extends Early Gains To Trade Sharply Up As USDX Continues To Weaken
Thu, 01 Nov 2018 16:07:03 GMT
Gold prices are sharply higher and near their daily highs in late-morning trading Thursday.

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Gold At Daily Highs As U.S. Weekly Jobless Claims Drop By 2K
Thu, 01 Nov 2018 13:35:06 GMT
Gold prices remained near daily highs as the U.S. Labor Department showed that the initial weekly jobless claims declined to 214,000 in the week to Saturday.

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Gold Sees Solid Rebound As U.S. Dollar Backs Off
Thu, 01 Nov 2018 13:17:12 GMT
Gold prices are posting good gains in early U.S. trading Thursday.

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Bitcoin Daily Chart Alert - Prices Dip To 2-Week Low Thursday - Nov. 1
Thu, 01 Nov 2018 12:47:35 GMT

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Central Banks Will Buy More Gold; The U.S. Dollar Will Retain Its Position - Former New York Fed Exec.
Wed, 31 Oct 2018 17:01:44 GMT
Global central bank interest in gold is growing and has room to grow according to one former senior executive at the New York Federal Reserve.

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Gold To Hit $1,350 Level Within One Year On 'Dollar-Mirror Mode' - Wells Fargo
Wed, 31 Oct 2018 20:29:13 GMT
Gold’s tight negative correlation with the U.S. dollar will help prices go higher within the next 12 months, according to Wells Fargo, which forecasts weaker greenback to come.

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Gold, Silver Prices Punished By Strong Dollar, U.S. Stock Market Rebound
Wed, 31 Oct 2018 18:33:07 GMT
Gold and silver prices are lower and have hit three-week and four-week lows, respectively, in early-afternoon U.S. trading Wednesday.

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Gold To Push Past $1,500 In 12 Months - LBMA Poll
Tue, 30 Oct 2018 23:12:38 GMT
(Kitco News) - Optimism is high among delegates at the London Bullion Market Association’s 2018 precious metals conference, even as general investors continue to ignore the sector.

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Commerzbank: Gold Falls Back Below 100-Day Average
Wed, 31 Oct 2018 14:44:40 GMT
Gold has dipped back below the 100-day moving average, which is currently just shy of $1,220 per troy ounce, says Commerzbank.

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Kirkland Lake Gold 3Q Profit, Production Guidance Increase
Wed, 31 Oct 2018 14:26:08 GMT
Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) reports a jump in its third-quarter profit and upped output guidance for the full year.

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Gold, Silver Prices Down Amid Keener Risk Appetite, Strong Dollar
Wed, 31 Oct 2018 13:23:33 GMT
Gold and silver prices are moderately lower in early U.S. trading Wednesday.

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Barrick, Randgold To Hike Dividend Payments
Wed, 31 Oct 2018 13:09:20 GMT
Barrick Gold Corp. (NYSE, TSX: ABX) and Randgold Resources Ltd. (Nasdaq: GOLD) are offering a Halloween goodie to shareholders – the companies Wednesday announced they are planning to increase dividend payments.

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Gold Remains Softer After U.S. Private-Sector Jobs Rise 227,000 In Oct.
Wed, 31 Oct 2018 13:19:54 GMT
Kitco News reports on ADP private-sector payrolls for October

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Mid-Term U.S. Elections Will Drive Physical Gold, Silver Market – Perth Mint
Tue, 30 Oct 2018 19:08:12 GMT
BOSTON - (Kitco News) - The Nov. 6 mid-term elections could have a direct impact on the physical bullion market, according to the head of Perth Mint.

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Keep An Eye On Silver And Platinum - GFMS, Refinitiv
Tue, 30 Oct 2018 15:41:16 GMT
(Kitco News) - Gold and palladium are the darlings of the precious-metals sector, but one analyst is paying more attention to dark horses silver and platinum.

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Bitcoin Daily Chart Alert - Prices Near Steady Wednesday A.M. - Oct. 31
Wed, 31 Oct 2018 12:59:06 GMT

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Nobody Is Paying Attention To Gold... For Now - Analysts
Tue, 30 Oct 2018 21:04:28 GMT
(Kitco News) - While there is no clear consensus on where gold is going in the near term, the one thing most participants at the LBMA 2018 precious metals conference can agree on that nobody is paying much attention to the space.

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Three Years Of Record Growth Proves Gold Remains Relevant - CME
Tue, 30 Oct 2018 12:49:44 GMT
(Kitco News) - While gold investors have lamented the lackluster price action as a sign that nobody cares about the yellow metal, the world’s most liquid gold markets said that perception is the farthest thing from the truth.

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Gold Weaker As U.S. Stock Market, Greenback Gain
Tue, 30 Oct 2018 18:13:49 GMT
Gold prices are modestly down in early-afternoon U.S. trading Tuesday.

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TDS: Gold May Need More Equity Weakness To Sustain Rally
Tue, 30 Oct 2018 15:24:18 GMT
Gold may need further weakness in the equity market to retain its October rally, says TD Securities.

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Janet Yellen Disapproves Of Trump's Trade Policy, Says Outlook Is "Excellent"
Tue, 30 Oct 2018 03:43:38 GMT
Janet Yellen Disproves Of Trump’s Trade Policy, Says Economic Outlook Is “Excellent”

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Gold Remains Soft After U.S. Oct. Consumer Confidence Index Rises To 137.9
Tue, 30 Oct 2018 15:05:22 GMT
Kitco News reports on U.S. consumer confidence for October

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RBC's Gero: Gold Softer; 'It's Still All About The Dollar'
Tue, 30 Oct 2018 14:28:09 GMT
A retreat in gold continues in response to a strong U.S. dollar, says George Gero, managing director with RBC Wealth Management.

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Gold Weaker As U.S. Dollar Index Powers Higher
Tue, 30 Oct 2018 13:22:58 GMT
Gold prices are again modestly down in early U.S. trading Tuesday.

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Guyana Goldfields Posts 3Q Loss, Trims Output Guidance
Tue, 30 Oct 2018 13:58:35 GMT
Guyana Goldfields Inc. (TSX: GUY) reports a net loss for the third quarter and downgraded its full-year production guidance, explaining that grades have not rebounded as quickly as anticipated in the fourth quarter.

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Bitcoin Daily Chart Alert - Bears Have Technical Advantage - Oct. 30
Tue, 30 Oct 2018 13:05:36 GMT

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Metals Focus: Gold 'Relief Rally' Not Over But Headwinds Persist
Mon, 29 Oct 2018 16:15:40 GMT
The consultancy Metals Focus says gold’s recent “relief rally” has more room to run and could carry the metal over $1,300 an ounce in the months ahead, yet analysts also do not project a sustained rally over the next year due to a number of potential headwinds.

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Money Managers Continue Scaling Back Bearish Gold Positioning
Mon, 29 Oct 2018 15:03:05 GMT
Large speculators have continued to exit from their one-time large net-bearish post in gold futures, trimming this by roughly two-thirds over the course of the last two reporting weeks for data compiled by the Commodity Futures Trading Commission.

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Gold Down On Profit-Taking, Strong U.S. Dollar
Mon, 29 Oct 2018 18:37:34 GMT
Gold prices are moderately lower in early-afternoon U.S. trading Monday. Some profit taking from the shorter-term futures traders is featured.

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Goldcorp Gets TSX Approval For Share-Buyback Plan
Mon, 29 Oct 2018 14:14:59 GMT
Goldcorp Inc. (TSX: G, NYSE: GG) announces plans to buy back shares for cancellation.

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Gold Remains Softer After U.S. Personal Spending Rises 0.4%; Core PCE Index Up 0.2%
Mon, 29 Oct 2018 13:38:39 GMT
Kitco News reports on U.S. personal income, spending and PCE prices in September

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INTL FCStone: Gold Traders To Eye Stock Market
Mon, 29 Oct 2018 13:13:59 GMT
Gold’s near-term fortunes may well hinge on U.S. equities, says INTL FCStone.

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Bitcoin Daily Chart Alert - Bearish Downside "Breakout" Monday - Oct. 29
Mon, 29 Oct 2018 13:07:10 GMT

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Gold Prices Weaker On Normal Corrective Pullback
Mon, 29 Oct 2018 13:21:59 GMT
Gold prices are modestly down in early U.S. trading Monday, on a normal corrective pullback that saw prices hit a more-than-three-month high on Friday.

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Societe Generale 'Cautiously Bullish' On Gold Prices
Fri, 26 Oct 2018 12:56:19 GMT
Societe Generale is “cautiously bullish” on gold prices, looking for the metal to average $1,250 an ounce in the fourth quarter and $1,275 in the first quarter and for all of 2019.

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Goldcorp CEO: 'Nothing Is Broken' Despite Plunge In Shares
Fri, 26 Oct 2018 19:53:08 GMT
David Garofalo, president and chief executive officer of Goldcorp Inc. (TSX: G, NYSE: GG), says “nothing is broken” with the company and that third-quarter earnings were weaker largely because of a decision to move processing of lower-grade ore ahead by one quarter at the new Peñasquito pyrite leach plant.

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Gold Is Doing What It's Supposed To As Equities Correct - Analysts
Fri, 26 Oct 2018 18:31:02 GMT
(Kitco News) - It has taken a while, but gold is now doing exactly what it is supposed to do as the metal ends the week near a three-month high as U.S. equity markets continue to melt down and bond yields drop.

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LBMA: Gold Ounces Transferred Daily Steady In September; Silver Volume Rises
Fri, 26 Oct 2018 20:08:43 GMT
(Kitco News) - The amount of gold transferred between accounts of London Bullion Market Association members was steady during September while the silver volume increased, the organization reported Friday.

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Wall St., Main St. Look For Gold Upside To Continue
Fri, 26 Oct 2018 16:08:57 GMT

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Gold Extends Early Gains As U.S. Stock Market Losses Steepen
Fri, 26 Oct 2018 15:59:53 GMT
Gold prices continue to get a safe-haven bid and are posting solid gains in late-morning trading Friday--adding to early advances as the U.S. stock market trades sharply lower.

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Yamana Posts Adjusted Profit, Hikes Gold-Output Guidance, Sells Mine
Fri, 26 Oct 2018 12:58:38 GMT
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Thursday reported a dip in its third-quarter profit but hiked guidance for gold and copper production in full-year 2018.

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What Happens After The Storm Hit Stock Markets, According To Experts
Thu, 25 Oct 2018 18:30:01 GMT
The Mines & Money Conference in Toronto happened during a tumultuous time for the markets.

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Gold Moves Little After U.S. 3Q GDP Growth Reported At 3.5%
Fri, 26 Oct 2018 13:34:45 GMT
Gold held a slight gain but moved little after a government report Friday showed that U.S. gross domestic product rose by a seasonally adjusted annual rate of 3.5% in the third quarter. Spot gold was last up $1 to $1,232.60 an ounce.

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Bitcoin Daily Chart Alert - No Impact From Stock Market Volatility...Yet - Oct. 26
Fri, 26 Oct 2018 13:05:08 GMT
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Friday—continuing a long string of very low volatility trading days.

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Gold Looks Good In 2020 But Not Now - Capital Economics
Thu, 25 Oct 2018 17:51:52 GMT
(Kitco News) - Gold and silver markets could be two of the few commodities to survive an impending global economic slowdown in the next few years, according to one U.K. research firm.

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Buckle Up! Gold Gains As Volatile Trading Day Expected
Fri, 26 Oct 2018 13:36:21 GMT
Gold prices are moderately higher in early U.S. trading Friday, on more safe-haven buying ahead of a likely volatile trading session in the U.S. stock market, and an uncertain weekend on the geopolitical front.

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Gold Bulls Have Stored Up Energy For Another Rally Next Week, Analysts Eyeing $1,250
Fri, 19 Oct 2018 18:13:26 GMT
Gold’s resiliency this week in light of a higher U.S. dollar and hawkish FOMC meeting minutes could mean the precious metal is ready to shine again, according to analysts.

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Where Is Gold Headed Next Week? VOTE NOW!
Wed, 24 Oct 2018 20:13:48 GMT
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term

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Gold Slightly Up; Gains Limited By Higher U.S. Equities
Thu, 25 Oct 2018 18:01:29 GMT
Gold prices are slightly higher in early-afternoon U.S. trading Thursday. Some mild safe-haven buying is being offset by solid gains in U.S. stock indexes at midday.

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ECB’s Draghi Stresses Accommodative Policy As Gold In EUR Remains Flat On The Day
Thu, 25 Oct 2018 14:35:33 GMT
European Central Bank President Mario Draghi cautioned markets following the central bank’s rate announcement, promising that even if the asset purchase programme (APP) ends at the end of the year, the monetary policy will still remain “very accommodative.”

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Newmont 3Q Adjusted Income Down By Penny Per Share
Thu, 25 Oct 2018 13:55:36 GMT

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OceanaGold Posts 3Q Profit, Ups Production Guidance
Thu, 25 Oct 2018 14:20:35 GMT

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Gold Keeps Modest Gains As U.S. Weekly Jobless Claims Rise By 5K
Thu, 25 Oct 2018 13:36:10 GMT
Gold prices largely ignored the data from the U.S. Labor Department showing that the initial weekly jobless claims rose to 215,000 in the week to Saturday.

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Gold Moves Little After U.S. Sept. U.S. Durable-Goods Orders Rise 0.8%
Thu, 25 Oct 2018 13:37:17 GMT
Kitco News reports on U.S. orders for durable goods in September

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Gold Rally Loses Steam As U.S. Stock Market Posting Solid Gains
Thu, 25 Oct 2018 15:50:28 GMT
Gold prices have given back moderate early gains in late-morning trading Thursday, at the same time U.S. stock indexes are trading near their daily highs and are posting solid gains.

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Gold Firmer Amid Anxious Marketplace
Thu, 25 Oct 2018 13:21:23 GMT
Gold prices are moderately higher in early U.S. trading Thursday, on more safe-haven buying ahead of an uncertain U.S. trading session following Wednesday’s pounding in the U.S. stock market and steep losses in Asian shares overnight.

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Bitcoin Daily Chart Alert - "Dead Calm" But For How Long? - Oct. 25
Thu, 25 Oct 2018 13:03:30 GMT
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Thursday—marking a string of several sessions of very low volatility.

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ECB Leaves Interest Rates Unchanged
Thu, 25 Oct 2018 12:57:29 GMT

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Gold To Replace U.S. Treasuries As The 'Ultimate Risk-Off Asset' - INTL FCStone
Wed, 24 Oct 2018 21:17:50 GMT
If the Fed continues to steadily raise interest rates higher, gold will replace U.S. Treasuries as the “ultimate risk-off asset,” according to the New York-based INTL FCStone.

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Sentiment In The Mining Sector Making Baby Steps - Beacon Securities
Wed, 24 Oct 2018 20:30:53 GMT
(Kitco News) - There appears to be light at the end of the mining sector’s very long and very dark tunnel, according to one research firm.

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Agnico Eagle 3Q Profit Declines; Output Guidance Hiked
Thu, 25 Oct 2018 01:06:45 GMT
(Kitco News) - Agnico Eagle Mines Ltd. (NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the third quarter compared to a year ago but increased its production guidance for 2018 and 2019.

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Barrick Reports $405 Million Impairment Charge In Q3 Earnings
Thu, 25 Oct 2018 00:37:13 GMT
(Kitco News) - Barrick Gold Corp. (NYSE: ABX, TSX: ABX) late Wednesday reported adjusted net earnings for the fourth quarter that were lower than a year ago as the prices of metals fell.

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Goldcorp Lists $101 Million 3Q Loss; Output Falls
Thu, 25 Oct 2018 00:47:32 GMT
(Kitco News) - Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss for the third quarter as production declined from the same period a year ago, although it is expected to improve in the current quarter.

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It Doesn't Feel Like It But Mining Sector Is Alive - Chad Williams
Wed, 24 Oct 2018 17:59:27 GMT
(Kitco News) - While 2018 has not been a positive year for the mining sector, the rumors of its demise are greatly exaggerated, according to one financing executive.

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Responsible Gold Coming To A Portfolio Near You - Tradewind
Wed, 24 Oct 2018 14:53:28 GMT
(Kitco News) - Not only is gold in the midst of a digital revolution but the marketplace will see a significant advancement in transparency.

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Gold, Silver Prices Sees Some Pressure From Strong U.S. Dollar
Wed, 24 Oct 2018 19:10:58 GMT
Gold prices are modestly lower in early-afternoon U.S. trading Wednesday, on a normal corrective pullback after good gains Tuesday that pushed prices to a nearly three-month high.

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Gold Prices Off Their Lows As New Home Sales Miss Expectations
Wed, 24 Oct 2018 15:09:24 GMT
(Kitco News) - Gold prices are off their lows but remain down on the day following further weakness in the housing sector as fewer consumers bought new homes last month.

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Bank Of Canada Hikes Rates To 1.75%, Gold Priced In CAD Drops To Daily Lows
Wed, 24 Oct 2018 15:04:42 GMT
The Bank of Canada raised its key interest rate to 1.75% on Wednesday, hiking rates for the third time this year.

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'Shaky' Global Stock Markets Trigger Bid For Gold - Sprott
Wed, 24 Oct 2018 16:32:31 GMT
Volatility in global stock markets is boosting demand for gold, which has stood “the test of time,” said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.

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Will Automakers Switch Metals After Palladium Hits Record High?
Wed, 24 Oct 2018 14:30:07 GMT
Palladium prices hit a record high this week and widened the premium over sister metal platinum, which ultimately could encourage automakers to switch to platinum for auto catalysts, analysts report.

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Freeport 3Q Net Income Doubles From Year Ago
Wed, 24 Oct 2018 13:00:43 GMT
Freeport-McMoRan Inc. (NYSE: FCX) reports net income of $556 million, or 38 cents per share, in the third quarter

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Gold Pulls Back As Risk Aversion Recedes A Bit
Wed, 24 Oct 2018 13:15:56 GMT
Gold prices are moderately lower in early U.S. trading, on a normal corrective pullback after good gains Tuesday that pushed prices to a nearly three-month high.

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Bitcoin Daily Chart Alert - Trading Remains Subdued At Mid-Week - Oct. 24
Wed, 24 Oct 2018 12:59:31 GMT

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Gold Prices See Little Reaction To Modest Rise In Flash PMI Data
Wed, 24 Oct 2018 14:51:51 GMT
(Kitco News) - Gold prices were largely unchanged seeing modest selling pressure following stronger-than-expected preliminary data for the U.S. manufacturing and service sector.

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This Could Push Gold To $1,500 - Analyst
Tue, 23 Oct 2018 17:45:33 GMT
Gold prices could be in store for the “mother of all short-covering” rallies, said one analyst, citing CFTC short positioning and the yellow metal’s strength in the face of higher U.S. dollar.

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Winds Are Shifting, Gold To Hit $1,400 In 2019 - BAML
Tue, 23 Oct 2018 17:22:26 GMT
(Kitco News) - The gold market has suffered under the weight of rising U.S. interest rates and a stronger U.S. dollar, but one bank sees a shift coming as equity markets have seen increased selling pressure this this past month.

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Gold Pushes To 3-Mo. High As World Stock Markets Sell Off
Tue, 23 Oct 2018 18:28:50 GMT
Gold prices are higher in Tuesday afternoon trading, and earlier today hit a nearly three-month high.

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Gold Shines As Safe-Haven As U.S. Equities Drop Another 2%
Tue, 23 Oct 2018 16:09:53 GMT
(Kitco News) - Safe-haven demand is once again boosting gold prices as U.S. equity markets drop 2% across the board.

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RBC's Gero: Gold Gets Safe-Haven Boost From Weaker Equities
Tue, 23 Oct 2018 14:29:25 GMT
“Gloomy” global equities have propelled gold to three-month highs as the precious metal acts like a safe haven again, says George Gero, managing director with RBC Wealth Management.

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B2Gold: Study Suggests Longer Mine Life At El Limon
Tue, 23 Oct 2018 13:56:40 GMT
B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) says an expansion study points to a longer life for the El Limon Mine in Nicaragua, and the company also renewed a two-year collective bargaining agreement with labor unions.

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Hecla 3Q Silver Output Declines But Meets Expectations
Tue, 23 Oct 2018 13:25:59 GMT
Hecla Mining Co. (NYSE: HL) met its expectations for third-quarter output of 2.5 million silver ounces and 72,995 gold ounces, the company said Tuesday.

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Gold Backs Off Daily Highs As U.S. Stocks Off Daily Lows
Tue, 23 Oct 2018 16:02:17 GMT
Gold prices are still holding decent gains of around $10.00 an ounce after hitting a nearly three-month high of $1,243.00, basis December Comex futures, in early U.S. trading Tuesday.

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Forget Bars And Coins; Digital Gold Will Revolutionize Marketplace - Sprott CEO
Mon, 22 Oct 2018 20:53:28 GMT
(Kitco News) - Although gold is one of the top traded assets in the world when compared to other markets like U.S. bonds or foreign exchange, it is hugely inefficient, but one fund manager thinks this is going to change.

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Bitcoin Daily Chart Alert - Quieter Market Tuesday Despite Global Equities Selling Off - Oct. 23
Tue, 23 Oct 2018 13:07:31 GMT
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Tuesday.

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Gold Prices Power To 3-Mo. High On Safe-Haven Demand
Tue, 23 Oct 2018 13:16:30 GMT
Gold prices are solidly higher and have hit a nearly three-month high in early U.S. trading Tuesday

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Gold Is Regaining Its Portfolio Hedge Status - BAML
Mon, 22 Oct 2018 21:24:24 GMT
Interest in gold as a portfolio hedge is coming back this fall, with Bank of America Merrill Lynch (BAML) strategists projecting to see another short-covering rally in the near future.

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Sotheby's First Ever Gold Auction Collects $4 Million
Mon, 22 Oct 2018 17:18:05 GMT
Sotheby’s gold auction that featured a gold Ferrari and a gold Kate Moss sculpture among other items collected a total of $3.9 million in sales.

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Money Managers Slash Bearish Positioning In Gold
Mon, 22 Oct 2018 15:53:13 GMT
Large speculators cut their net-bearish positioning by more than half during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.

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Gold Prices Pressured By Higher USDX, Better Risk Appetite
Mon, 22 Oct 2018 18:34:30 GMT
Gold prices are moderately lower in early-afternoon U.S. trading Monday, pressured by a return of trader and investor risk appetite to the world marketplace to start the trading week—despite some potentially disruptive elements that still loom over the stock and financial markets.

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Gold Prices Trading Near Daily Lows In Late-Morning Action
Mon, 22 Oct 2018 16:32:56 GMT
(Kitco News) - Gold prices are holding moderate losses and have slightly extended overnight declines, as midday approaches.

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MKS: Gold Support Around $1,210-$1,220 Should Restrict Declines
Mon, 22 Oct 2018 13:48:27 GMT
Spot gold remains above chart support that starts around $1,220 an ounce, says MKS (Switzerland) S.A.

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Bitcoin Daily Chart Alert - Volatility Collapse Points To Bigger Move Soon - Oct. 22
Mon, 22 Oct 2018 14:54:30 GMT
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Monday.

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Gold Prices Weaker As Risk Appetite Picks Up
Mon, 22 Oct 2018 13:25:48 GMT
Gold prices are modestly down in early U.S. trading Monday, pressured a bit by a return of trader and investor risk appetite to the world marketplace—despite potentially disruptive elements that still loom over the stock and financial markets.

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The Mining Sector Needs A Major Discovery To Get Investors Excited - QMEA
Fri, 19 Oct 2018 20:56:46 GMT
(Kitco News) - The mining sector is seeing some renewed excitement as gold prices post their third week of gains, but one mining executive said that the sector still needs more to attract fresh investment capital.

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Record Mega Millions Lottery Worth 788,617 Ounces Of Gold
Fri, 19 Oct 2018 16:43:54 GMT
(Kitco News) - Lottery fever has once again gripped the U.S. as Friday’s Mega Millions lottery pushes close to the one-billion dollar mark.

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Wall St., Main St. Look For Gold To Keep On Shining
Fri, 19 Oct 2018 16:35:33 GMT
Gold futures are heading for their third weekly rise in a row, and Wall Street and Main Street look for the metal to make it four straight next week, based on the Kitco News gold survey.

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Gold Prices Firmer As Uncertain Weekend Looms
Fri, 19 Oct 2018 13:24:31 GMT
Gold prices are modestly up in early U.S. trading Friday, supported on some safe-haven buying interest in a nervous trading environment heading into the weekend.

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Gold Prices Holding Modest Gains As Existing Home Sales Misses Again
Fri, 19 Oct 2018 15:04:48 GMT
(Kitco News) - Gold prices continue to hold on to modest gains, following weaker-than existing home sales data, from the National Association of Realtors (NAR).

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Harmony: Employee Dies After Fall In Mine Accident
Fri, 19 Oct 2018 15:15:23 GMT

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Price Group's Flynn: Geopolitical Turmoil, Shaky Stocks To Support Gold
Fri, 19 Oct 2018 13:59:16 GMT
Phil Flynn, senior market analyst with at Price Futures Group, looks for gold to build on its recent gains over the next week.

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Bitcoin Daily Chart Alert - Volatility Collapses Again - Oct. 19
Fri, 19 Oct 2018 13:05:39 GMT
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Friday.

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Expect Higher Gold Prices For The Rest Of The Year - Analyst
Thu, 18 Oct 2018 21:09:53 GMT
A trifecta of factors will keep gold prices higher for the rest of the year, according to one gold bull.

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Gold Prices Lifted By Geopolitical Worries
Thu, 18 Oct 2018 18:16:29 GMT
Gold prices are trading modestly higher in early-afternoon U.S. trading Thursday.

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Chinese Portfolios Need A 6% Allocation To Gold - WGC
Thu, 18 Oct 2018 17:05:25 GMT
Investors in China need to allocate up to 6% of their portfolios to gold, according to the World Gold Council (WGC), which sees the yellow metal as minimizing the negative effects of volatility.

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