CPM Group Sees Gold Averaging Near $1,300/Oz In 2019
CPM Group looks for gold prices to rise next year as the Federal Reserve slows its pace of U.S. interest-rate hikes, yet the consultancy does not expect the yellow metal to run away to the upside either since the economy will remain strong.
Wall Street Split On Gold Prices; Main Street Bullish
Wall Street is split on where gold prices are headed next week, while Main Street is bullish, according to the Kitco News gold survey.
Wheaton Reaches Tax Settlement With Canadian Authorities
Wheaton Precious Metals says it has settled a tax dispute with the Canada Revenue Agency related to transfer-pricing rules for the 2005-2010 period for income generated by its wholly owned foreign subsidies.
Palladium Price Back Above Gold; Commerzbank Expects Correction
Palladium prices hit a record high yet again on optimism about automotive demand if there is peace in the U.S.-China trade war
Kirkland Lake Expects 1 Million Gold Ounces in 2021
Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) expects to join the ranks of companies producing 1 million gold ounces annually in 2021.
Money Managers Slash Bearish Positioning In Gold Futures
Money managers cut their net-bearish positioning in gold futures by 83% during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
Gold Holds Gains As U.S. Nov. Producer Price Index Rises 0.1%
Kitco News reports on U.S. Producer Price Index for November
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