The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
- The health of the U.S. economy is increasingly in doubt as the service sector continues to lose momentum, according to the latest data from the Institute for Supply Management released Friday morning. - Gold and silver prices are posting rallies in early U.S. trading Friday, in the immediate aftermath of a downbeat U.S. jobs report that falls into the camp of the monetary policy doves, who want to see U.S. interest rate cuts from the Federal Reserve this year. June gold was last down $1.
- The copper market is seeing some renewed volatility, but analysts note that a perfect storm continues to churn, as growing demand and dwindling supplies could push prices to record highs later this year.At the start of the week, July high-grade copper futures rallied to $4.6945 per pound. However, near-term momentum has shifted as prices have dropped to initial support at $4.50 an ounce and are down nearly 4% from their recent two-year highs.
-The gold market is holding solid gains above $2,300 an ounce but is not seeing any new momentum as the Federal Reserve maintains its restrictive monetary policy stance and warns that inflation remains a stubborn problem.Seeds of destruction - Can mining side step another bubble, wonders Newcore Gold’s Luke Alexander?Cryptos and stocks rebound after Fed holds rates steady, DXY and U.S. 10-yr.
Gold Silver Platinum Palladium PGM Platinum Group Metals Metals Precious Metals Mining News Crypto News Bitcoin News Ethereum News Mining News Interviews Economic Reports Forecasts Central Banks US Dollar Charts Tech Metals Rare Earth Metals Currency Global Economy International Policy Politics Bank Forecasts Market Nugget Mining Minutes Roundups
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold shoots to session highs after ISM Manufacturing PMI falls to 49.2 in AprilThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
China’s Harvest May Get Hong Kong Approval for Spot-Bitcoin ETF Later in AprilThe international arm of Chinese asset manager Harvest Fund Management Co. may get approval from Hong Kong as soon as this month to launch a spot-Bitcoin exchange-traded fund, people familiar with the matter said.
Read more »
NSAC Withholds Partial Purse Money from Tsarukyan, Lopes for Incidents at UFC 300The Nevada State Athletic Commission is withholding partial purses from Arman Tsarukyan and Diego Lopes for separate infractions at UFC 300.
Read more »
Some 300 arrested at pro-Palestinian protests at Columbia, City CollegeNew York City Mayor Eric Adams says some 300 people were arrested in police crackdowns on pro-Palestinian protests at Columbia University and City College.
Read more »
Mayor says about 300 arrested in crackdowns on pro-Palestinian protests at Columbia and City CollegeNew York City Mayor Eric Adams says about 300 people were arrested in police crackdowns on pro-Palestinian protests at Columbia University and City College.
Read more »
S&P/TSX composite down almost 300 points, U.S. stock markets also dropTORONTO — Canada's main stock index lost almost 300 points Tuesday in a broad-based decline led by energy and base metals, while U.S. markets also slid ahead of the central bank's upcoming interest rate decision.
Read more »