NEWS BITES
Silver/gold ratio hits target; about those inflation indicators
Jun 5, 2020 09:04AM(Kitco News) - The NFTRH plan is and has been that the gold mining sector, due to the fundamentals implied by the handy graphic below, could eventually lead a world full of inflatables higher.
Gold price drops as U.S. economy creates 2.5 million jobs in May
Jun 5, 2020 08:35AM(Kitco News) - The gold market has been unable to hold support around $1,700 an ounce and struggling to find positive momentum after the U.S. economy surprisingly added jobs last month.
Credit Suiise hikes gold-price forecasts, sees $1,701 average for 2020
Jun 5, 2020 08:10AM(Kitco News) - Credit Suiise hiked its gold-price forecasts Friday, saying that supportive influences include lower and negative yields, weakness in the U.S. dollar and eventual inflationary pressures.
Gold seeing bearish action
Jun 5, 2020 07:55AM(Kitco News) - If you are a reader of my commentary, you know that we are long the metals across the board and only trade mechanically based on our proprietary algorithm.
Bitcoin daily chart alert - Late-week pause is not bearish - Jun. 5
Jun 5, 2020 07:51AM(Kitco News) - Bitcoin-U.S. dollar prices are slightly lower Friday morning, as the market pauses after hitting a 3.5-month high earlier this week.
Gold prices rebound after briefly sinking below $1700
Jun 4, 2020 06:02PM(Kitco News) - Gold prices rebound after briefly sinking below $1700
Trend reversal in silver is coming: TD Securities bets long on silver
Jun 4, 2020 01:14PM(Kitco News) - A trend reversal is looking likely for silver, according to TD Securities, which issued a long call on silver, projecting a $19-an-ounce price level by March 2021.
Exploration slashed, takeovers ahead - but who will get premium bids?
Jun 4, 2020 10:51AM(Kitco News) - I dislike using such a shopworn phrase as "perfect storm," but that's exactly what may be brewing for certain junior resource companies: gold and silver plays with takeover potential.
Live IPMI Webinar - Auto Catalyst Value Chain: COVID-19 and Beyond
Jun 4, 2020 09:59AM(Kitco News) -
Gold price rises as ECB sees 8.7% decline in European economy in 2020
Jun 4, 2020 09:28AM(Kitco News) - The gold market is seeing renewed upward momentum Thursday after the European Central Bank increased its stimulus measures with the COVID-19 pandemic expected to significantly impact European growth.
WGC: ETF gold holdings hit record high in May
Jun 4, 2020 09:11AM(Kitco News) - Exchange-traded funds increased their holdings of gold by 154 metric tons during May, taking holdings to an all-time high of 3,510 tons, the World Gold Council reported Thursday.
Another 1.88 million Americans file initial jobless claims; gold remains higher
Jun 4, 2020 08:33AM(Kitco News) - Another 1.88 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. After the data, spot gold maintained overnight gains, trading $8.80 higher to $1,709.60 an ounce.
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