Gold Prices Maintain Traction as Economies Begin Recovery
- FinancialBuzz.com News Commentary
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NEW YORK, May 14, 2021 /PRNewswire/ Gold prices breached the USD 1,800 mark earlier this month, for the first time since February. Despite the recovering economy and lower number of COVID-19 cases in the U.S., the government is still injecting liquidity into the financial system, as fiscal and monetary stimuli are being implemented. These measures, which are meant to help bring the economy back to pre-pandemic highs, have consequences, specifically the devaluation of the dollar and inflation. In a report by Kitco, Gary Wagner, editor of TheGoldForecast.com, explained that he believes that we will see a new all-time record high in gold. I m not optimistic as to believe it will happen, let s say, over the next four months. However, I think it s highly likely, based on certain parameters, that we do test $1,900 once again, and that could be over the
NEW YORK, April 30, 2021 /PRNewswire/ Gold prices remained stable on Thursday after recent economic data indicated that the U.S. is in a strong recovery mode. According to the U.S. Gross
Investors Await a Potential Rebound in Gold Production
FinancialBuzz.com News Commentary
NEW YORK, March 5, 2021 /PRNewswire/ Markets tumbled Thursday after U.S. Federal Reserve Chair Jerome Powell reiterated a previous narrative to keep credit flowing until Americans are back to work. Some see this as a direct rebuttal of investors who have openly doubted that the Fed can stick to that plan after the pandemic. According to a report by Reuters, with vaccines rolling out and the government fiscal taps open, there is good reason to think we will make more progress soon toward the Fed s goals of maximum employment and 2% sustained inflation, Powell told a Wall Street Journal forum. Yet, a major factor to consider is the anticipated gold miners production rebound in 2021. Kitco reports that the top 20 gold miners are projected to lose about 5% of their total 2020 gold output primarily due to the pandemic and related restrictions. However, in 2021, gold production is likely to rebo
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VANCOUVER, BC, December 18, 2020 /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ( B2Gold or the Company ) is pleased to announce that its entire inventory of limited-edition Rhino Gold Bars have been sold, generating approximately $1.7 million to support community-backed black rhino conservation efforts in northwest Namibia. All dollar amounts are in United Sates Dollars unless otherwise indicated.
The Rhino Gold Bar initiative began in early 2020 when B2Gold announced the ground-breaking donation of 1,000 ounces of gold produced from the Company s Otjikoto mine in Namibia to support the preservation of the black rhino population in the country and the communities that protect them.
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VANCOUVER, BC, December 18, 2020 /PRNewswire/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ( B2Gold or the Company ) is pleased to announce that its entire inventory of limited-edition Rhino Gold Bars have been sold, generating approximately $1.7 million to support community-backed black rhino conservation efforts in northwest Namibia. All dollar amounts are in United Sates Dollars unless otherwise indicated.
The Rhino Gold Bar initiative began in early 2020 when B2Gold announced the ground-breaking donation of 1,000 ounces of gold produced from the Company s Otjikoto mine in Namibia to support the preservation of the black rhino population in the country and the communities that protect them.