Precious Metals Current Market Pricing

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Oct 06 2024 18:19 EST


Kitco News

Latest news on precious metals from Kitco!

Kitco News - A good jobs report on Friday sustained market momentum.On Saturday, mining audiences manager Michael McCrae recorded Kitco Roundtable.According to the Bureau of Labor Statistics, 254,000 jobs were created last month, marking the strongest employment report in six months. The unemployment rate dropped to 4.1%.Spot gold finished the week at $2,665, roughly unchanged for the week, while silver added $1.20 to hit $32.20.
Author: Michael McCrae
Posted: October 5, 2024, 4:43 pm
(Kitco News) - The resilience of the U.S. economy never ceases to surprise, as economists betting on weakness in the labor market were resoundingly disappointed on Friday.
Author: Neils Christensen
Posted: October 4, 2024, 9:32 pm
The latest Kitco News Weekly Gold Survey showed industry experts growing cautious about gold’s near-term prospects, while retail investors remained optimistic but to a slightly lesser degree than the prior week.
Author: Ernest Hoffman
Posted: October 4, 2024, 9:02 pm
(Kitco News) - The Golden Triangle is one of the world's top five mining areas, said Shawn Khunkhun, president and CEO of Dolly Varden Silver.
Author: Michael McCrae
Posted: October 4, 2024, 9:00 pm
Markets rally after strong jobs report; Bitcoin rebounds, gold sees minor dip. Wall Street ends the week positive as oil gains amid easing Middle East tensions.
Author: Jordan Finneseth
Posted: October 4, 2024, 8:56 pm
Global money supply hits $89.7T, fueling inflation. Gold and Bitcoin surge amid rising debt, with gold on track for its best year since 1979.
Author: Jordan Finneseth
Posted: October 4, 2024, 8:35 pm
(Kitco News) - Gold is gaining new momentum heading into the weekend as the demand for safe-haven assets grows due to increasing geopolitical instability in the Middle East, overshadowing strong labor market data.
Author: Neils Christensen
Posted: October 4, 2024, 6:05 pm
An upcoming HBO documentary claims to reveal Bitcoin creator Satoshi Nakamoto's identity, sparking excitement and debate in the crypto community.
Author: Jordan Finneseth
Posted: October 4, 2024, 5:28 pm
(Kitco News) - Coeur Mining (NYSE: CDE) announced today that it will acquire SilverCrest in an all-share transaction valued at $1.7 billion.
Author: Michael McCrae
Posted: October 4, 2024, 4:22 pm
(Kitco News) - Robust growth in the U.S. labor market is creating renewed selling pressure in gold keeping prices near session lows.
Author: Neils Christensen
Posted: October 4, 2024, 3:31 pm