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Top 10 largest gold mining companies ranked by reserves – report
Kitco ranked gold mining companies based on their most recent reported attributable proven & probable reserves in-situ. Russian gold mining giant Polyus boasts the largest gold reserves base globally after the company announced that its total
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Here’s why this trader is shorting Apple stock and buying gold
The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn’t mean the index itself or the tech sector stocks that populate
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Gold Holds Near Three-Month High as Inflation Expectations Rise
Gold held near a three-month high as investors weighed rising inflation expectations and comments from Federal Reserve officials for clues on monetary policy going forward. Bond market expectations for the pace of inflation over
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Why are Gold Prices Spiking?
Gold and silver prices are higher in early morning U.S. trading Monday and near their multi-week highs scored late last week. The metals are supported by a slumping U.S. dollar index that hit a 2.5-month low overnight.
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Gold prices pushing higher following weak jobs gains in April
Gold prices are holding on to strong gains above $1,800 an ounce as the U.S. economy was unable to meet the high bar set for the labor market, creating significantly fewer jobs than expected in
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Why Billionaire Sam Zell is Buying Gold
Legendary investor Sam Zell said he was pushed into buying gold despite years of talking down the metal. The 79-year-old American billionaire appeared on Bloomberg. The Equity Group Investments chair and founder said concerns about fiat
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Here’s What This Important Indicator is Saying for Silver Prices
Thus far, it’s been a volatile Q2 for the precious metals. Silver has traded in a 13% range since the start of April, with most of the volatility to the upside. This outperformance has
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Asset Prices Are Up, Up and Away; So, Where Are The Value Buying Opportunities?
If you’ve ever wondered what trillions of dollars in monetary and fiscal stimulus looks like, it appears you got your answer. Everything is up right now. Stocks are up. Earnings are up. Consumer spending
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Gold, silver see good price gains on bullish outside markets
Gold and silver prices are solidly up in early U.S. trading Monday, on some perceived bargain hunting and amid bullish outside market forces that include a weaker U.S. dollar index and slightly firmer crude oil prices. The
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Mints are running out of gold; not enough physical silver to cover paper – former U.S. Mint Director
A global shortage of physical gold and silver products has created a premium on coins and bars, and this premium is causing a disconnect between the spot price and the “true” price that retail investors need to pay,
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