Nunavut, Canadas northernmost territory, is entering the most prosperous period in its history due to surging mining development and exploration, this according to the territorial government's senior economist.
(Kitco News) - There are enough isolated risk events on the horizon to keep gold supported in the short term and could eventually drive prices through $1,300 an ounce, but if these events dont pan out, prices could end the year back near at $1,200 an ounce, according to one precious-metals analyst.
(Kitco News) - With gold prices holding near five-month highs one gold analyst expects prices to continue to move higher and eventually retest last years highs.
(Kitco News) - While a lot of investors are bullish on gold because of growing geopolitical risks, one fund manager says markets shouldnt ignore other broad-based factors supporting the yellow metal.
Gold and silver prices have come off recent highs as the market takes profits off the table, but one veteran trader says the metals are at an inflection point, especially if you look at silver.
(Kitco News) - 50 years ago, one of the worlds then largest gold mining companies conducted comprehensive research into the gold market to gauge its supply and demand outlook. Since then, that report has developed into the GFMS gold survey, run by a group of analysts led by Rhona OConnell.
(Kitco News) - While gold is in no-mans land as it trades below $1,300 an ounce, one fund manager is optimistic that the metals strong first quarter performance will continue throughout the year.
With this weeks release of FOMC meeting minutes, Trump's first meeting with Chinas Xi Jinping, and the U.S. jobs report, analysts are expecting quite a bit of market volatility in the next 48-72 hours.
(Kitco News) - While investors should not chase a hot market, there is a lot of momentum building in the gold market that is difficult to ignore says one Chicago trader.
In the fight against illegal gold operations in South America, some authorities may be hurting local business owners.
The El Salvadoran governments decision to ban all mining for gold and other metals wont have a major impact on the sector in the short term since there is little if any production anyway.
As gold bulls are looking to break the resistance of February highs, IG chief market strategist Chris Weston tells Kitco News that markets should not completely discard the chances of the far-right candidate Marine Le Pen winning the French presidential election.