First U.S.-minted gold coin is back on the market and it could go for $15 million
(Kitco News) - The first gold coin minted in the U.S. the Brasher Doubloon is back on the market in a private sale with the asking price of $15 million.
Bank of Canada keeps rate unchanged as Tiff Macklem begins his term as governor
(Kitco News) - The Bank of Canada has kept its key interest rate unchanged at 0.25% as the central bank said goodbye to now former governor Stephen Poloz and welcomed Tiff Macklem as the new head of the central bank.
What is China's new digital currency all about?
(Kitco News) - The Chinese government has been testing out its new government-backed digital currency as a pilot program, and it's been getting a lot of buzz.
Gold and bitcoin are the 'top candidates to advance in 2020' - Bloomberg Intelligence
(Kitco News) - Gold and bitcoin one of the few assets that have posted solid gains in 2020 remain the "top candidates to advance" this year, according to Bloomberg Intelligence's latest commodity outlook"
'We expect a considerable drop in gold prices', says ABN Amro
(Kitco News) - Gold positioning remains very crowded, according to ABM Amro, which is why the Dutch bank is not recommending re-entering long gold positions at the moment.
Gold price to breach record high of $1,920 if Fed turns negative on rates - Standard Chartered
(Kitco News) - If the Federal Reserve is forced to embrace negative interest rates, the gold price will react by breaching the previous all-time high of $1,920 an ounce, according to Standard Chartered.
'June like no other': Geopolitics could take gold prices 'into crazy territory' - analysts
(Kitco News) - The U.S.-China trade tensions are the geopolitical hotbed that can push markets into "crazy territory," according to analysts, who see June as a very turbulent month for the gold market.
Mining company blasts 46,000-year-old Aboriginal heritage site in Australia
(Kitco News) - A deliberate mining blast reportedly destroyed one of the oldest known Aboriginal heritage sites in Western Australia.
Russia's gold production surges 9%, silver production plunges 11% in 2019
(Kitco News) - New statistics out of Russia show that gold production surged by 9.26%, and silver production dropped by 11.1% on an annual basis in 2019, according to the country's Ministry of Finance.
Gold prices lose some altitude as U.S. pending home sales plunge in April
(Kitco News) - Gold prices lost some early-morning gains as the U.S. pending home sales surprised on the downside, marking a second monthly decline in a row amid the coronavirus outbreak.<
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