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Gold prices sliding as stocks, Treasury yields rise on economic optimism
Jun 3, 2020 10:24AM(Kitco News) - Gold prices have been under pressure this week on optimism about the economy, with equities and Treasury yields stronger on Tuesday as a result, analysts said.
Solar power to remain 'important and consistent' source of demand for silver
Jun 2, 2020 10:19AM(Kitco News) - Solar power will remain an essential form of industrial demand for silver in the decade ahead, analysts said this week.
Record gold price against Aussie dollar impacts Q1 gold production - Surbiton Associates
Jun 2, 2020 10:02AM(Kitco News) - Australia saw a sharp drop in gold production in the first quarter due to record high prices against the Aussie dollar, according to the latest data from Melbourne gold mining consultants, Surbiton Associates.
New York has a glut of gold as banks don't want the stuff - analyst
May 28, 2020 02:37PM(Kitco News) - In a month, the gold market went from facing a supply crunch to now facing a massive glut. According to some analysts, both scenarios continue to highlight ongoing issues with the precious metals supply chain that could cloud price forecasts.
U.S. trade war tensions drive gold prices back to $1,700 - analysts
May 27, 2020 02:09PM(Kitco News) - Gold prices are staging a late-day rally Wednesday as tensions between the U.S. and China continue to escalate.
All signs are bullish, so why are gold prices in a rut?
May 27, 2020 11:07AM(Kitco News) - The strong rally in equities the last two months has taken some of the safe-haven demand away from gold, but bullish analysts have not given up on the metal yet, saying they look for money printing to eventually take gold higher.
Citi sees gold price grinding to $2,000 by 2021
May 26, 2020 09:06AM(Kitco News) - Bullish sentiment for gold continues to build, with another U.S. bank jumping on the all-time-highs bandwagon, even as the price struggles to find momentum in the short term.
Wells Fargo sees gold prices ending 2020 between $1,800 and $1,900
May 21, 2020 03:10PM(Kitco News) - One of Wall Street's biggest gold supporters is turning up the heat on its gold forecast, at least a little bit.
Gold-silver price ratio to keep falling as 'undervalued' silver outperforms - analysts
May 21, 2020 12:23PM(Kitco News) - With silver seemingly "undervalued" and the reopening of economies expected to boost industrial demand, traders are looking for the gold-silver ratio to continue its decline as silver continues its recent outperformance.
Platinum market relatively balanced as COVID-19 impacts supply and demand World Platinum Investment Council
May 17, 2020 08:44PM(Kitco News) - The COVID-19 pandemic has sent the global economy into a tailspin, and like many other commodities, the platinum market as seen significant damage, but according to the World Platinum Investment Council (WPIC), the market could be in a lot worse shape.
Fed officials says no negative rates; gold prices would benefit if they change their minds
May 14, 2020 11:12AM(Kitco News) - Market participants are having a hard time forgetting about negative interest rates in the U.S., even though Federal Reserve officials keep saying they wont happen. However, analysts said that if rates end up going negative after all, that would be a boon to gold.
'Something big is coming'; Gold's narrowing range to lead to a major price move - analysts
May 12, 2020 11:10AM(Kitco News) - Gold futures are behaving like a restless person taking a nap - with the market not moving much in either direction lately but yet tossing and turning a lot.
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