Gold price holds above $1,870 as U.S. weekly jobless claims worse-than-expected
Published: Friday, 07 August 2020 20:00 | 
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| (Kitco News) - The initial weekly jobless claims rose by 109,000 to 1.416 million in the week to Saturday, disappointing market expectations.
Freeport-McMoRan reports adjusted net earnings of $44 million in Q2
Published: Friday, 07 August 2020 20:00 | |
| (Kitco News) - Thursday ahead of the bell, Freeport-McMoRan (NYSE: FCX) report adjusted net income attributable to common stock totaled $44 million, or $0.03 per share. The earnings hit the top end of analyst forecasts.
Silver ETFs on track to see record inflows this month: Commerzbank
Published: Friday, 07 August 2020 20:00 | |
| (Kitco News) - Silver is now the best precious metals performer since the beginning of the year, says Commerzbank analyst Daniel Briesemann.
Q2 earnings season for gold miners is going to be messy – CIBC
Published: Friday, 07 August 2020 20:00 | |
| (Kitco News) - The second quarter earnings season has officially kicked off for the mining sector and one Canadian bank is warning investors that things could get a little messy as the global economy deals with the impact of the COVID-19 pandemic.
Gold is a 'safer bet than chasing overvalued stocks': FXTM
Published: Friday, 07 August 2020 20:00 | |
| (Kitco News) - Gold is a better option than "chasing overvalued stocks," writes FXTM chief mark strategist Hussein Sayed.