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Gold & Precious Metals

Surging gold prices encourage junior prospectors to get searching

For veteran geologist Roger Moss, this year's run-up in gold prices to seven-year highs over US$1,750 per ounce could not...

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Silver could hit $19 soon as precious metals shine brightly

Silver’s remarkable recovery after its vicious falls during the height of the coronavirus pandemic suggests more gains are on the...

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Silver Prices Test $17 as Gold Falls Through $1700, Ratio Holds 100 for 2nd Day

SILVER PRICES fell with gold in the global storage and trading hub of London on Wednesday, slipping 1.2% for the...

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Will silver prove a better investment than gold this summer?

Silver staged a dramatic price breakout last week, advancing 7 per cent, while gold prices slipped 0.5 per cent. This...

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Gold drops 1% on stronger dollar, hopes of economic recovery

Gold slipped 1% on Thursday, drifting away from a 7-1/2 year peak, as the dollar strengthened and hopes of a...

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Metals Focus trims forecast for 2020 palladium supply deficit due to COVID-19

Metals Focus has lowered its forecast for the supply/demand deficit in the palladium market for 2020 due to the COVID-1...

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Daily Gold News: Wednesday, May 20 – Precious Metals Higher but Gold Unchanged

The gold futures contract gained 0.65% on Tuesday as it retraced some of Monday’s decline from new monthly high of...

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Gold price backs off from new 7-year high

Gold fell from a fresh seven-year high on Monday as early results from a coronavirus vaccine trial showed promising results...

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Gold slides, palladium plunges nearly 16% in scramble for cash

Gold prices dropped nearly 2% to a near two-week low on Tuesday, while palladium slumped 15.5% as investors scrambled for...

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Gold prices expected to shine as governments launch stimulus

Gold is expected to keep rising from the mid-March lows, based on the weekly Kitco gold-price survey....

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Gold up on bleak US payrolls data; stronger dollar caps gains

Gold prices edged higher on Friday after gloomy U.S. nonfarm payrolls data magnified the economic toll from the coronavirus, although...

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Gold prices can fall to $1,300 an ounce as recession looms - IHS Markit

The threat of a global recession and low inflationary pressures will continue to drag gold prices lower, with the precious...

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Gold turns lower, heads for a second straight session decline

Gold futures gave up earlier gains to trade lower on Wednesday, even with U.S. stocks taking a fresh leg down...

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Higher gold prices will quickly lift miners after volatility drops – VanEck

Market volatility is having a significant impact on gold prices and gold miners, but one fund manager is recommending that...

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Gold Price Forecast – Demand for Precious Metals About to Skyrocket

Last year the U.S. Mint produced the least amount of gold eagle coins in the programs 33-year history. Demand for...

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Global market volatility drove gold ETFs to all-time highs – report

Global gold-backed exchange-traded funds (ETFs) had $4.9 billion or 84.5 tonnes of net inflows in February, boosting holdings to new...

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Gold ends lower as global stocks climb, but falling bond yields underpin the metal

Gold futures ended lower on Wednesday, pressured as global equities rallied, dulling their haven appeal....

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Gold, silver prices surge amid Fed gambit to cut U.S. rates

Gold and silver prices are sharply higher in midday U.S. futures trading Tuesday, with gold now gaining back all of...

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Stocks rally after last week's rout on central bank policy hopes

Equity markets around the world rose on Monday as speculation that central banks will cut interest rates to soften the...

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Gold Sets Up For Another Massive Move Higher

Our research team believes the recent downward price activity in Gold and Silver are indicative of past price patterns we...

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Palladium slumps 12%, gold 4% as precious metals join virus-led free fall

Palladium led a free fall in precious metals on Friday, slumping more than 12%, while gold slid as much as...

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Precious Metals Snapshot: Eight companies advancing projects globally

Gold exploration and mine development remain leading drivers of mining activity around the world by Canadian-based gold companies. Here is...

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News Bites If coronavirus fallout lasts into Q2, gold price could see $1,800 levels - Goldman Sachs

As gold resumed its rally Thursday after some consolidation, Goldman Sachs issued an upward revision to its 12-month price projections...

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Gold retreats from multi-year peak, but virus fears remain

Gold fell over 1% on Tuesday as the metal’s rally to 7-year highs in the last session prompted profit-taking even...

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Gold surges to seven-year peak as pandemic fears spark safe-haven rush

Gold soared as much as 2.8% on Monday to its highest level in seven years, as investors worried about global...

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Gold post biggest weekly gain since June as downbeat economic data fuel haven demand

Gold futures rallied on Friday and posted the biggest weekly gain in eight months, as downbeat U.S. economic data and...

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Gold price at 7-year high as hedge funds, ETF investors pile in

Six straight sessions of gains pushed the gold price to a 7-year high on Thursday as retail investors and hedge...

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Palladium, the ‘Tesla Stock of Commodities,’ Smashes Record Again

The coronavirus that has taken a toll on Apple Inc. is fueling demand for haven assets including precious metals, sending...

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Gold Futures Hit $1,600 as Apple Warning Rocks Risk Assets

Aold prices touched $1,600 an ounce on Tuesday for the first time since the scare over a conflict between the...

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PBOC easing will support gold prices and could start a global trend – analysts

A quiet start to the week is weighing on gold prices, but analysts remain optimistic that prices can push higher...

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Can coronavirus trigger a 'black swan' event? Gold price is watching the negatives - analysts

With gold trading at the higher end of its narrow trading range, analysts say that a coronavirus-related shock event could...

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Don’t expect a U-turn in palladium’s epic rally

Correlation may not be proof of causation but it is difficult to see any other explanation for London’s catalytic-converter crime...

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Gold poised for a weekly gain as virus fears lift safe-haven demand

Gold prices rose to the highest in more than one week on Friday, on track for a weekly gain, as...

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THIS Is What a Run on the Bank for Precious Metals Looks Like…

The explosive price action seen in palladium recently is indicative of a physical shortage. Put simply, available inventories are failing...

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Gold Futures Back up, but Boxed in Without Much Upside

Gold eked out a gain Wednesday to end up for the fifth time in six sessions. But the market’s upside...

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Gold near one-week low as coronavirus fears ease

Gold prices inched down to a near one-week low on Wednesday as investors’ risk appetite picked up on reports of...

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JPMorgan Chase Confirmed as Target of Metals Price Rigging Prosecution

The U.S. Department of Justice investigation of criminal activity in the precious metals markets has taken an interesting new turn...

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$23 silver price is coming and would "transform" the industry says CEO

Should silver prices rally to their fair value to above $20 an ounce, a transformation would take place amongst silver...

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Palladium May Rise with Oil-Linked NOK on Powell Testimony

Fed Chairman Jerome Powell will be giving two congressional testimonies to the House Financial Services Committee and Senate Bank Committee...

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Money managers cut bullish gold positioning but increase in silver

Large speculators reduced their net-bullish positioning in gold futures for the third week in a row, this time by 17%...

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US-China trade war dominates precious metals outlook

Will gold reach breach the $1 600/oz threshold? Can silver regain the momentum it lost in 2019? And will South...

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Gold price forecast for 2020: Double digit gains expected

The London Bullion Market Association (LBMA) has released gold price forecasts for 2020. Every year, the organization collects forecasts from...

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Concern over coronavirus drives gold higher

Gold prices rose on Thursday as concern over the coronavirus and its impact on the global economy drove buying in...

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JPMorgan Likely to Face Lawsuit for Precious Metal Spoofing

Per a Bloomberg’s article, JPMorgan Chase JPM is likely to face a criminal lawsuit over rigging precious-metals futures. The authorities...

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Gold to kick-off a bull market this year, $1,700 is resistance target - Bloomberg Intelligence

The yellow metal remains this year's likely top performer based on a weaker China's economy and declining bond yields, Bloomberg...

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Commerzbank: palladium boosted by improved risk sentiment

Improved risk appetite in markets generally is having a “very noticeable impact on palladium,” said Commerzbank. After surging Tuesday, the...

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Trading platinum group metals

Platinum, palladium and rhodium had a very strong start to the year. However, a short-term correction is underway, and traders...

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Gold to average above $1,550 in 2020; silver above $18 -- LBMA survey

The average prices of the four main precious metals in 2020 are all expected to post double-digit gains over the...

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Gold surges, copper collapses: what comes next for precious metals?

Precious metals serve an important indicator of global financial health. At the time of writing, copper is plummeting, while gold...

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The fuel behind central banks’ hunger for gold - World Gold Council

Central banks have turned from net sellers of gold into net buyers over the last ten years, and a lot...

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Gold skids 1% on China measures, stronger dollar

Gold prices dipped 1% on Monday after hitting a near four-week high, as China’s central bank cut reverse repo rates...

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Is gold price ready for a breakout? Here’s what the markets are watching next week

Have the coronavirus fears peaked this week? Analysts are warning that all additional gains gold made on those fears will...

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Bank of America boosts palladium price forecast

Palladium prices have surged 1520% since 2009 due to tight supply and higher emission standards, and analysts at the Bank...

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Gold Demand Trends Full year and Q4 2019

Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched...

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Central Bank Policies Should Continue to Support Gold Prices

The Federal Reserve decided to keep rates unchanged on Wednesday and this could be gold’s main driver going forward if...

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The Federal Reserve's policy continues to support higher gold pricing

The Federal Reserve held its first FOMC meeting for the new year, and the new decade. As expected, the Fed...

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Acacia's CIO Miguel Roqueiro on precious metals and other safe havens

Amidst a recent escalation in geopolitical tensions in the Middle East and following a year of positive returns across most...

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Gold to see $1,750 in 2020 as Fed has more room to cut – precious metals expert

Is the Federal Reserve considering the potential economic fallout from the coronavirus at its January meeting and will the Chair...

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Why Palladium Is on a Tear

Physical palladium and rhodium markets are buzzing. Reported prices for both metals leapt higher in recent days....

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Palladium to hit $3,500 before this rally is over – Bank of America

Palladium prices are seeing some profit taking Monday as prices settle down after hitting a new record high last week....

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Coronavirus underpins gold; $1,600 break would trigger chart buying

Gold futures have risen to their highest level in nearly three weeks, drawing a safe-haven bid amid worries about China's...

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Hold gold as deficits don’t matter – billionaire David Einhorn

Billionaire investors continue to tout the benefits of gold, with David Einhorn, the founder of Greenlight Capital, highlighting the yellow...

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Gold eases as markets assess risks from China virus

Gold prices fell on Wednesday, as the dollar firmed and investors assessed the risk of a global epidemic from a...

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Gold Edges Higher After IMF Shaves World Growth Forecast

Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the Martin Luther King holiday while European...

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More precious than gold: Why the metal palladium is soaring

The price of the precious metal palladium has soared on the global commodities markets. It has jumped by more than...

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World Gold Council introduces pioneering methodology and analytic tool

The World Gold Council today announced the launch of Qaurum, an innovative web-based tool designed to deliver a robust quantitative...

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Lithium demand ‘shows no signs of slowing’, says GlobalData

Interest in lithium has skyrocketed on the back of huge demand created by the battery industry. While lithium demand shows...

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Why palladium prices keep hitting new highs and rhodium has already rallied by over 40% this year

The year is young but two commodities have already posted impressive gains, with palladium extending its run of record highs...

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Palladium prices now higher than old gold, platinum records

Palladium has posted the highest price per ounce ever of the four main precious metals, with analysts citing a tightening...

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Bridgewater sees gold prices pushing above $2,000 as central banks ignore inflation

The World's biggest hedge sees the potential for a new all-time high in gold as central banks give up the...

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Platinum breaches $1,000, nears 2-year high as investors turn long on the metal - analysts

Platinum had the best day in nearly two years as prices surged past the $1,000 an ounce mark on Wednesday....

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Lithium and Cobalt for Electric-Car Batteries

While electric cars are clearly beneficial for local air quality wherever they're used, ethical and environmental concerns have been raised...

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Gold price struggling to find momentum following mixed U.S. CPI data

Gold prices are under pressure struggling to finding some momentum as inflation pressures remain relatively tame, rising in line with...

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The Hottest Trade of 2020 is Rhodium

2020′s hottest trade isn’t high-flying tech stocks, but a little-known metal called rhodium....

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Mining News Resolute Mining forecasts 30% higher gold production in 2020

Resolute Mining (LSE: RSG) is forecasting gold production for the full year in 2020 of 500,000 oz at an AISC...

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Growing demand and uncertain futures: the rise of palladium

With growing demand thanks to its uses in cutting car emissions, palladium is enjoying a boom, with prices rising over...

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New Data Suggests Bitcoin and Gold Aren't as Correlated as You Think

Bitcoin’s (BTC) classification has been a controversial and difficult topic for crypto-enthusiasts, investors, and regulators to reach a consensus on...

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Precious Metals Weekly Round-Up: Sector Hits New Highs on Global Tensions

Both gold and palladium started the week hitting highs for the year, the yellow metal reaching a seven-year high of...

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Will Iran-U.S. friction push gold prices to ultimate highs?

Tensions between the U.S. and Iran seem to have simmered down a bit, but a flare up could happen again...

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Gold: Investors on edge, speculators ready to bid on mixed geopolitical sentiment

The price of gold is on the back foot on Thursday, bleeding additional dollars following the speculative sell-out on the...

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Gold price needs more than geopolitical uncertainty to sustain 2020 rally – Saxo Bank

Once again geopolitical uncertainty has had a short-lived impact on the gold market but that doesn’t mean investors should give...

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