Gold has sure had awild ride in the several weeks since the US elections!  It first plunged then surged after Trump’sdecisive victory, which surprised legions of traders.  Gold’s earlier big down days helped fuelfears another Trump administration is bearish for gold.  Its poor performance after Trump’s fir...

Gold has sure had awild ride in the several weeks since the US elections!  It first plunged then surged after Trump’sdecisive victory, which surprised legions of traders.  Gold’s earlier big down days helped fuelfears another Trump administration is bearish for gold.  Its poor performance after Trump’s fir...

Today we finally see it – the USDX movedlower at last. USD’s breather here is nothing surprising, and it’s not bearisheither.It’s simply normal for a market tocorrect after launching a rally as strong as what we saw in October andNovember. In yesterday’sanalysis, I wrote the following about the above chart:Ye...

(TheNewswire)    PICKERING, Ontario – TheNewswire - Nov. 29, 2024 -- Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) (“Renforth” or the “Company”), an active mineral exploration company engaged in the exploration and development of multi-commodity mineral properties in Canada, to...

Vancouver, British Columbia--(Newsfile Corp. - November 29, 2024) - CENTURION MINERALS LTD. (TSXV: CTN) ("Centurion" or the "Company") announces that the British Columbia Securities Commission, as principal regulator, has granted the Company a management cease trade order (the "MCTO"). As previously announced on November 14, 2024 (the "An...

VANCOUVER, BC, Nov. 29, 2024 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF Version As a result of the exercise of stock options under Lundin Gold's equity com...

Four Barrick Gold employees detained in Mali - MINING.COM

21 hours ago ... Employees of the Loulo-Gounkoto mine were detained amid the government's push for higher mining taxes.

Wagner Group linked to $2.5 billion in illicit gold trading — report ...

21 hours ago ... Globally, artisanal and small-scale gold mining accounts for about 20% of annual gold production.

Australian gold miner's shares plunge after chief executive detained ...

1 day ago ... Resolute Mining says Terence Holohan and other executives were in Bamako to discuss claims made against company.

Market Report: Trying to break out

By Alasdair MacleodApart from some minor profit-taking over the last two days of this week (into early European trade this morning - Friday) the undertone in precious metals has been remarkably positive. The strength appears to be emanating from the US, given the trading pattern is caution in the European time zone, followed by firmer markets in the US. This is therefore Comex driven, and there is plenty of action to report, given markets were shut on Monday for a public holiday, which failed to dent turnover earlier in the week.At the time of writing (03.00 EST, 0700GMT) gold was down $6 from last Friday's close at $1261, and silver down 17 cents at $17.18. The next chart puts the current consolidation, which is 12 trading sessions old, into a technical perspective.Gold's consolidation...

5 Things You Need to Know from Last Week (Look What Gold Just Did!)

By Frank HolmesIt was a whirlwind week. After attending two big conferences, I landed in Vancouver Friday where I presented at the International Metal Writers Conference. Markets continued to close at record highs, even as political uncertainty remained and the threat of terrorism loomed large over Western nations. Last Monday, gold flashed a bullish signal we haven't seen in over a year.There's much to talk about! Below are five things you need to know from the week now behind us.1. Quants Now Control Wall StreetA special report by the Wall Street Journal last week confirmed what I've been saying for a while: Wall Street is now run by the quantitative analysts, or quants. Numbered are the days when traders and fund managers picked stocks on gut instinct. Today, a decision is made only a...

SWOT Analysis: Deutsche Bank Says Investors Should Prepare for Flight to Gold

By Frank HolmesStrengthsThe best-performing precious metal for the week was palladium, up 4.18 percent. Bloomberg reports that rising automobile demand may be sending palladium futures toward the steepest rally since April 20.Bloomberg's weekly poll of traders and analysts show the trending heading toward bullishness, with 10 bullish, five bearish and four neutral. Analysts point to concerns over terrorism, probes into President Donald Trump's links to Russia and doubts that the Federal Reserve will raise rates in June, as factors that may spur investors to choose gold.China's gold demand in 2017 is still the strongest in four years, reports Bloomberg. Although higher prices have deterred some buyers, dropping gold purchases from 15-month highs, the World Gold Council (WGC) sees demand g...