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Copper price hits eight-year high on US stimulus hopes
Copper prices rose again on Tuesday with investors weighing prospects for a fast-tracked stimulus package in the US.
Is Tesla signaling a move into gold? Could this be a new trend for companies sitting on a pile of cash?
(Kitco News) - Bitcoin got all the attention after Tesla CEO Elon Musk announced a $1.5 billion investment in the cryptocurrency.
SKRR Strikes Major Gold Intercept on Olson Project
SKRR reports extended intervals of gold mineralization, including 39.80 meters @ 1.09 g/t gold.
Why Shares of First Majestic Silver Soared 35% Higher in January
Underperforming the market in 2020, shares of First Majestic Silver (NYSE:AG) rose 9.6% while the S&P 500 climbed more than 16%.
Bitcoin hits record highs as Tesla jumps in, but it's also great news for gold price
(Kitco News) It's a happy Monday for crypto investors as bitcoin surged to new record highs above $44,000 on the news that Tesla not only invested $1.5 billion in bitcoin but also said it would begin accepting the cryptocurrency as a form of payment.
Silver is a ‘turbo-charged version of gold’ due to use in solar panels, Goldman’s Jeff Currie says
Silver as a key component in solar panels makes it a better investment than gold for investors who are interested in the metals market, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Thursday.
Price advances for gold, silver after mostly as-expected U.S. jobs data
(Kitco News) - Gold and silver futures prices are trading higher in early U.S. dealings Friday, following the key U.S. data point of the day that saw the U.S. January jobs report come in mostly as expected.
GameStop craze now seems to move to silver, Oklahoma precious metal retailer sees an increase in demand
OKLAHOMA CITY (KFOR) – First, it was GameStop. Now, it’s silver. Users of online forums are calling on investors to purchase the precious metal to ramp up its value. The CEO of APMEX, Inc. in Oklahoma City said it’s working, as the retailer reaches record number sales.
Precious metals prices will see double-digit gains in 2021; silver to steal the show - LBMA price forecast
(Kitco News) - The bull run in precious metals is expected to continue through 2021 with double-digit gains across the board, according to analysts participating in the London Bull Market Association's (LBMA) annual price forecast report.
Silver Decoupling: History’s Greatest Commodity Re-Pricing About To Begin
The price of silver is "decoupling". There are TWO prices for silver today. The bankers' price. And the real price.
Gold, silver coin demand surging, straining U.S. Mint's capacity
NEW YORK (Reuters) - The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January, due partly to pandemic-driven demand and plant capacity issues.
Copper price climbs as Citi analyst predicts market deficit in H2
Copper prices bounced back on Wednesday despite concerns of weaker demand ahead of a major holiday in China, the world’s top consumer.
Gold price boosted by silver-buying frenzy
Gold prices received a slight boost on Monday amid the market frenzy over its sister metal silver, whose price surged more than 11% earlier to an 8-year high.
Silver miners soar as Reddit traders pile into the precious metal
Shares of silver miners climbed on Monday as the spot silver price jumped 11% to an eight-year high before paring gains.
