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Gold is buffeted by CPI, and a massive landslide in Turkey traps miners

Gold is buffeted by CPI, and a massive landslide in Turkey traps miners

FromKitco NEWS Roundtable


Gold is buffeted by CPI, and a massive landslide in Turkey traps miners

FromKitco NEWS Roundtable

ratings:
Length:
6 minutes
Released:
Feb 17, 2024
Format:
Podcast episode

Description

Gold recovered after tumbling mid week due to a hotter than expected CPI number, noted mining audiences manager Michael McCrae. On Saturday McCrae and Kitco correspondent Paul Harris recorded Kitco Roundtable. On Tuesday the Labor Statistics said that its Consumer Price Index rose 0.3% in January, higher than the Consensus forecasts of 0.2% increase. Markets tumbled and gold dropped below the 2000 level.The week started with a tragic mine accident in Turkey. SSR Mining suspended production at its Copler mine after a landslide resulted in at least nine miners missing.
Released:
Feb 17, 2024
Format:
Podcast episode

Titles in the series (100)

Join Kitco Kitco correspondent Paul Harris and mining audiences manager Michael McCrae who highlight the biggest news in precious metals and mining.