News
Gold and silver bounce higher heading into the European open
Published: Tuesday, 28 June 2022 20:00 | 
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| (Kitco News) - After a heavy fall yesterday gold is trading 0.48% higher heading into the European open. It is much of the same as silver as the grey metal is trading 0.88% higher. In the rest of the commodities complex, copper is 1.11% higher and spot WTI is 0.68% in the black.
Bitcoin price at risk of testing $19,500 support as prevailing trend points down, says Fairlead Strategies' Katie Stockton
Published: Tuesday, 28 June 2022 20:00 | |
| (Kitco News) - With Bitcoin down 15% on the day and trading around $23,100, the world's largest cryptocurrency could be at risk of re-testing the 2018 price peaks of below $20,000, according to Fairlead Strategies founder and managing partner Katie Stockton.
Hedge funds still bullish on gold but market faces challenging environment
Published: Tuesday, 28 June 2022 20:00 | |
| (Kitco News) - Although volatility has picked up in the last few days, market analysts say that, in general, the gold market is waiting for a catalyst to push the precious metal out of its narrow trading range.
Financial sanctions against Russia have 'backfired dramatically' - Matthew Piepenburg
Published: Tuesday, 28 June 2022 20:00 | |
| (Kitco News) - The financial sanctions imposed against Russia after the country started its war in Ukraine have ended up doing more harm to Western nations, said Matthew Piepenburg, principal at Matterhorn Asset Management.
Pasofino reports 'strong' feasibility study results for Dugbe gold project in Liberia
Published: Tuesday, 28 June 2022 20:00 | |
| (Kitco News) - Pasofino Gold (TSXV: VEIN) today announced positive results of the Dugbe gold project feasibility study (FS), which is located in Southern Liberia.