News Articles

It’s been an eventful week to say the least . . . . Juan Carlos Artigas

Silver tumbled more than 7% on Monday as precious metals sold off in response to positive coronavirus vaccine news, which investors interpreted as good for the economy . . . . Anna Golubova, Kitco News

Gold slumped more than 5% on Monday as news of the first successful late-stage COVID-19 vaccine trials prompted investors to dump safe-haven bullion and flock to riskier assets . . . . Sumita Layek

Markets will welcome the certainty after major networks declared Democrat Joe Biden winner of the U.S. presidential election on Saturday, offering some relief after days of the country getting conflicting reports about who might be in the White House next term . . . . Kitco News

An increasingly bearish picture is unfolding for the U.S. dollar, which has suffered its worst week since March on signs that Federal Reserve money printing rather than government spending may be deployed to bolster the economy in the aftermath of Tuesday’s elections . . . . Gertrude Chavez-Dreyfuss, Sujata Rao

As of this writing (6:15am) December Bonds are 1 lower at 174'10 up3 points for the week. . . .Marc Nemenoff

Gold jumped to a two-week high on Thursday as the dollar slipped, with investors betting on the likelihood. . . . Asha Sistla - Reuters

The ultimate safe haven, gold, will resume this year’s upward trajectory after the US elections. . . . Royal Bank of Canada

You will not hear about this in the mainstream financial press: there’s a gold rush happening at the moment. . . .Moe Zulfiqar

The latest quarterly report from the World Gold Council reports that demand for gold bullion bars and coins is up 49% for Q3. . . .Liam Sheasby