KITCO LATEST NEWS

Price pressure on gold amid higher USDX, lower crude oil
Aug 12, 2022 08:02AM(Kitco News) - Gold and silver prices are weaker in early U.S. trading Friday, as lower crude oil prices and a higher U.S. dollar index are bearish daily “outside market” forces working against the precious metals, amid a lack of other fresh fundamental news to end the trading week.

Bitcoin daily chart alert - The uptrend is the bulls' friend - Aug. 12
Aug 12, 2022 07:55AM(Kitco News) - Bitcoin-U.S. dollar prices are a bit weaker in early U.S. trading Friday after hitting a two-month high on Thursday. The market is in a two-month-old price uptrend on the daily bar chart and bulls have the overall near-term technical advantage.

Gold Fields' CEO on the company's $6.7-billion Yamana Gold deal and the problem with exploration
Aug 12, 2022 07:44AM(Kitco News) - Griffith said the two miners' operations are complementary, and the combined companies will save operational costs, as well as give Gold Fields a higher profile in the North American market. The deal gets voted on in the fall by shareholders.