Kitco NEWS Roundtable Kitco NEWS
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- Business
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Join Kitco Kitco correspondent Paul Harris and mining audiences manager Michael McCrae who highlight the biggest news in precious metals and mining.
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Another week, another 9-figure mining deal and gold churns at $2,300 level
The gold market is spinning its wheels, caught in a stalemate, which could create some profit-taking among investors and weigh on prices in the near term, noted mining audiences manager Michael McCrae.
On Saturday McCrae recorded Kitco Roundtable.
Heading into the weekend, markets continue to digest the disappointing nonfarm payrolls numbers. The U.S. economy created 175,000 jobs last month, according to the Bureau of Labor Statistics. The monthly figure missed expectations as economists were looking for job gains of 238,000. -
Gold investors aren't profit taking yet and blockbuster M&A deal announced
Given higher than expected inflation print this week, the Federal Reserve is less likely to lower interest rates.
On Friday mining audiences manager recorded Kitco Roundtable. -
Gold lacks path to head higher, and Biden administration halts mine development in Alaska
With Middle East conflict unwinding, a focus on the Fed could slow gold's momentum.
On Saturday mining audiences manager Michael McCrae recorded Kitco Roundtable. -
Another excellent week for copper and gold
Gold jumped another 5% this week with June gold futures hitting $2,350 an ounce.
On Saturday mining audiences manager Michael McCrae recorded Kitco Roundtable. -
Interest rate cuts should favor gold and Calibre Mining announces $100 million financing
Metals could get a lift with the Fed signaling that it wants to cut interest rates, note mining audiences manager Michael McCrae.
On Saturday McCrae recorded Kitco Roundtable. -
Copper pops and Lithium America closes $2.2 billion financing from the US government
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