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Kitco News

METALS OUTLOOK: Watch U.S. Dollar, FOMC Meetings For Metals Markets’ Direction

By Debbie Carlson Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) – The direction of the U.S. dollar versus the euro and a meeting of the Federal Reserve’s monetary-policy committee wil…

Freeport Ramping Up Grasberg Operations; Negotiations Occurring With Indonesian Gov’t

By Allen Sykora Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) ? Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is making good headway in restoring operations at its giant Grasberg mi…

Comex Gold Ends Slightly Higher as Trading Remains Choppy

Comex gold futures prices ended the U.S. day session slightly higher in more two-sided trading. The near-term technical postures of the gold and silver markets remain tilted in favor of the bears, and that is limiting the upside for both metals. June g…

Silver Survey: Investment Key To Silver-Price Action In 2011; Mine Supply Hits Record High

By Allen Sykora Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) ? World silver mine supply climbed to a fresh record high in 2011, yet investment demand was robust enough to enable the …

Thomson Reuters GFMS: Silver Volatility Likely; Prices To Gain Traction Later In 2012

By Allen Sykora Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) ? Thomson Reuters GFMS looks for further volatility in silver during 2012, with prices not gaining much traction in the s…

INTERVIEW: Emerging Market Central Bank Gold Allocations Could Rise If Dollar-Based Valuations Removed ??? WGC

By Debbie Carlson Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) – Central banks became net purchasers of gold in 2010, with emerging-market central banks leading the accumulation tren…

Comex Gold Ends Lower Amid Bearish Outside Markets, Weak Technicals

Comex gold futures prices ended the U.S. day session lower Wednesday. The key “outside markets” were in a bearish daily posture for the precious metals, as the U.S. dollar index was firmer and crude oil prices were lower. Also, with a lack of major, fr…

Plan Nord Could See Spinoffs Of $51.8 Billion For Montreal ??? BTMM

http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) – A study conducted by the Board of Trade of Metropolitan Montreal shows that greater Montreal could see $51.8 billion over the next 25 years in econom…

Comex Gold Weaker As Near-Term Price Downtrend Re-Established

By Jim Wyckoff Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) ? Comex gold futures prices are trading lower in early dealings Wednesday. With a lack of major, fresh fundamental news to…

Comex Gold Firmer Amid Better Investor Risk Appetite

By Jim Wyckoff Of Kitco News http://www.kitco.com/ Editor?s note: Catch the Latest Happenings with Kitco Video News! (Kitco News) ? Comex gold futures prices are trading modestly higher in early dealings Tuesday. It’s a “risk on” trader/investor mental…