(Kitco News) - Gold, like most assets across the board, have taken a hit Monday, but medium to long-term, prices should recover to eventually reach new highs, said Bill Baruch, president of Blue Line Futures.
(Kitco News) - With gold trading near $1,500 an ounce amid massive market panic, Capital Economics sees more selling ahead for the precious metal while limiting its potential recovery to $1,600 this year.
(Kitco News) - Gold prices are trading down but well up from their sharp, early losses as the U.S. stock market is sharply lower at midday but is at least trading, after the stock futures were locked limit down at the opening.
(Kitco News) - The gold market is struggling to find traction as massive volatility and uncertainty roil financial markets and investors; however, one Australian bank sees upside potential for gold in the next three months.
(Kitco News) - Alamos Gold Inc. (TSX: AGI; NYSE: AGI) is reacquiring a 3% net-smelter-return royalty on the Island Gold Mine and as a result lowered its cost guidance for 2020, the company announced Monday.