The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
"The survey’s indicators for current general activity, new orders, and shipments all declined, with the latter two turning negative," the report said."The employment index suggests declines in employment overall. Both price indexes indicate overall increases in prices but remain below their long-run averages. The firms continue to expect growth over the next six months."
Although employment indicators rose, firms continued to report a decline in overall employment. The employment index rose 3 points to -7.9, with two-thirds of the firms reporting no change in employment levels this month."The average workweek index rose 10 points but remained negative at -8.3," they noted.
is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX.
– Sky-high imports, unprecedented ETF demand, and elevated price premiums show that China’s gold market continues to lead the world, but high prices look set to depress jewelry demand and slow central bank purchases, according to Ray Jia, China Research Head at the World Gold Council.S&P Global Rankings sees great promise in real-world asset tokenization, saying it will help improve liquidity and usher in a new era of innovation for asset management.
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