Shares of silver miners climbed on Monday as the spot silver price jumped 11% to an eight-year high before paring gains.
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Silver surges to near 6-month peak on retail frenzy
Silver soared as much as 7.4% to climb a nearly six-month peak on Monday, after social media posts last week called for retail investors to flood into the market and push up prices of the precious metal.
Silver prices log highest finish since 2013 on 9% surge; gold also climbs
Futures for gold and silver on Monday ended sharply higher, with silver scoring its loftiest finish in about eight years.
Silver rallies after Reddit post about executing a ‘short squeeze’
Silver futures rallied Thursday to mark their highest finish in three weeks, following a post by a Reddit user, who suggested executing a “short squeeze” on silver.
Gold price is riding silver's new attention wave, but is that good news?
(Kitco News) Friday's rally in precious metals saw gold rise more than 1% and silver rally more than 5% on the day. But this time around, it is gold chasing silver, as the latter sees a wave of new interest.
Gold to still hit $2,300 in 2021, but silver and platinum to outperform — MKS
(Kitco News) All precious metals will see solid gains this year, but the likeliest best performers will be silver, followed by platinum and gold, said Frederic Panizzutti, managing director at MKS.
Leviathan Gold (TSXV: LVX) Goes Public With Exciting High-Grade Gold Opportunity
Leviathan Gold is a new gold exploration junior looking for a discovery near Australia's extremely lucrative Fosterville Gold Mine.
Upcoming influencers for gold pricing
The major focus of precious metals traders continues to be the FOMC meeting which began today, and will conclude on Wednesday.
Why Forecasts for Gold Prices May Be Predicting a Rise This Year Due to Weakening Dollar
PALM BEACH, Fla., Jan. 27, 2021 /PRNewswire/ -- Since it January of a new year, it's time for Wall Street analysts and experts to chime in on predictions for the coming year, in stocks, bonds and, of course, metals… such as gold.
SKRR Exploration Inc. Mobilizes for Winter Drilling at the Leland Gold Project, Saskatchewan
With drill results still pending from its Olson Gold Project, SKRR prepares to commence winter drilling on its Leland Gold Project
SKRR Exploration Inc. Closes Acquisition of Manson Bay Mineral Claims in Saskatchewan
SKRR closes on its Manson Bay acquisition, a property with (historic) high-grade intercepts as high as 219.02 g/t gold.
Gold prices holding firm following rise in U.S. consumer confidence
(Kitco News) - Gold prices are holding relatively steady as U.S. consumers appear to be slightly more upbeat in the new year than economists were expecting.
Freeport sees rising copper demand boosting 2021 results
(Reuters) - Freeport McMoRan Inc posted a quarterly profit on Tuesday that narrowly beat analysts’ estimates on rising production and prices for copper and gold, with executives forecasting continued growth for 2021.
Copper price defies pullback predictions
Copper prices held steady on Monday despite expectations that its rapid recovery in recent months will reverse on another virus outbreak in China, lowering business activities around the globe.
