Richest gold mines in the world in Q1 2021 – report | Kitco News

Alamos Gold’ Island Gold mine is a high grade, low-cost underground mining operation located just east of the town of Dubreuilville, Ontario, Canada, 83km northeast of Wawa. Gran Colombia Gold’s Segovia operations, an area of approximately 9,000 hectares, is made up of several mines including El Silencio, Sandra K, Providencia, and Carla, located in the […]

Gold/Silver: The Powell pump and your next buying opportunity | Kitco News

The first was how he cautiously stressed not making an “ill-timed policy move,” indicating “The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff, for which we have articulated a different and substantially more stringent test.” Therefore when […]

Price gains in gold, silver after weak U.S. jobs report | Kitco News

The employment situation report from the Labor Department showed the key non-farm payrolls component up only 235,000 compared to a rise of 720,000 that was expected by the marketplace. In a Wall Street Journal op-ed, Manchin said rising inflation and a soaring national debt necessitate a go-slow approach and a “significantly” smaller plan. China has […]

Gold sees modest price gains, bulls still have momentum | Kitco News

It’s been and likely will continue to be a quieter trading week on this unofficial last week of summer for Americans, ahead of the three-day Labor Day holiday weekend. In overnight news, the U.S. The world’s second-largest economy saw its unofficial non-manufacturing purchasing managers’ index drop to 47.5 in August, compared to 53.3 in July. […]