Make Kitco Your Homepage
Allen Sykora

Allen Sykora

Senior Reporter

Follow Author:

Allen Sykora reports on precious metals and the mining industry for Kitco News. He has covered foreign-exchange and commodity markets for Futures World News, Dow Jones Newswires and Kitco for 25 years. He holds a mass communications degree from Mankato State University in Minnesota and worked as a reporter and editor at newspapers in Minnesota, Iowa and Alaska before becoming a financial journalist.

read full bio ▼

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.

FXTM: Dollar Flexes Muscles, Pushes Gold Lower

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

ECB Leaves Rates Unchanged, Ends Bond-Buying Program

Iamgold Reports Initial Resource Estimate For Gossey Deposit

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