
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. Copper was also on fire, which were up 4.6% for the week to close above $4.20. The copper miners are up 20% year to date and trading at a 52 week high. Gold miners are up just 10% year to date, according to the GDX. U.S. job growth blew past expectations in March and wages increased at a steady clip. However the strong job numbers suggest that the Federal Reserve will put off a rate hike to later this year.
Podzilla Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.

Another week, another 9-figure mining deal and gold churns at $2,300 level

Gold investors aren't profit taking yet and blockbuster M&A deal announced

Gold lacks path to head higher, and Biden administration halts mine development in Alaska

Interest rate cuts should favor gold and Calibre Mining announces $100 million financing
Free AI-powered recaps of Kitco NEWS Roundtable and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.