investing in mining – Gold News Today

Rob McEwen, chairman of McEwen Mining, describes the largest tests our economic climate is still facing, and the rising popularity of gold amongst brand-new financiers that will certainly press the price to $5,000 an ounce.

0:00 – Economic overview
7:14 – Gold and silver overview
9:47 – McEwen Mining update

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Gold rates have actually pressed to within striking distance of $1,800 an ounce, but the rally comes throughout the marketplace's seasonally slow period as well as according to one market analyst, it could be an uphill struggle for further gains.

In an interview with Kitco News, Mickey Fulp, maker of the Mercenary Geologist E-newsletter, stated that generally, gold costs have a strong start to the year, costs are flat with springtime and also usually strike a reduced in late summer, very early autumn.

" We expect during the period from June throughout of October for gold to be level or decline, till regarding mid-August," he stated. "Generally, the seasonal low for gold during the year is at some point in between the 1st of July to mid-August."
__________________________________________________________________
Kitco News is the world's # 1 source of metals market info. Our video clips include interviews with popular market figures to bring you market-affecting insights, with the objective of helping people make educated investment choices.

For even more breaking news, browse through

Real-time gold rate as well as charts:.
Live silver price and charts:.

Don't neglect to enroll in Kitco Information' Weekly Summary– comes out every Friday to summarize the most popular stories & videos of the week:.

Sign up with the discussion @ The Kitco Forums as well as belong to the premier online neighborhood for rare-earth elements investors:.

Please note: Video clips are not trading suggestions and also the sights revealed might not reflect those of Kitco Metals Inc
.