(Kitco News) - It has been good news all round on the manufacturing front overnight and this morning. The US readers will wake up to read that German Manufacturing PMI hit 60.7 vs exp 60.6 (prev 57.1) and in the UK the number printed at Manufacturing PMI 55.1 vs exp 54.9 (prev 54.1) for February.
(Kitco News) - Gold (1.38%) and silver (1.44%) have bounced quite nicely this morning on the first trading day of the month. This is welcome news after a dismal end to February where the yellow metal lost 6.18% of its value.
(Kitco News) - Surbiton Associates have confirmed that the Australian gold mining sector set a new production record with 327 tonnes in 2020 despite the challenges of the year, according to the gold consultants.