China's economy loses steam as COVID-19 erupts, cuts rates
Published: Sunday, 16 January 2022 19:00 | 
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| (Kitco News) - The People's Bank of China (PBOC) said it was lowering the interest rate on 700 billion yuan ($110.2 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points to 2.85% from 2.95% in previous operations.
Hastings Tech gets enviro permits for rare earth project
Published: Sunday, 16 January 2022 19:00 | |
| (Kitco News) - "The Flora and Vegetation Environmental Management Plan sets out the environmental objectives to be achieved and specifies management actions that will be implemented to achieve compliance. Hastings has prepared management targets and monitoring programs to measure the effectiveness of the management actions. The management plan has been informed by best practice and recent experience on similar mining projects in Western Australia, said the company in a news release.
Bitcoin daily chart alert—Bulls work to stabilize price
Published: Saturday, 15 January 2022 19:00 | |
| (Kitco News) - Bitcoin-U.S. dollar prices are up a bit in early U.S. trading Friday and bulls have stabilized prices late this week—at least for the moment.
Gold sees modest early price gains on last day of 2021
Published: Saturday, 15 January 2022 19:00 | |
| (Kitco News) - Gold prices are modestly higher in subdued holiday trading early Friday. For the year 2021, nearby Comex gold futures prices lost around $75, after closing the last day of December 2020 at $1,895.10.
Gold Investors need to look beyond rate hikes in 2022 - State Street Global Advisors
Published: Saturday, 15 January 2022 19:00 | |
| (Kitco News) - After a disappointing year, gold prices are ringing in 2022 on a solid note, trading at a five-week high. According to one precious metals analyst, gold should be on pace to resume its long-term bullish uptrend in the new year.